South-VietnamTranshipment Hub. A strategic alliance for Vietnam coal imports

The Alliance of Welhunt - Oldendorff – Haivan will position a Floating Transfer Platform in South Vietnam capable of discharging and loading all bulk carriers up to and including Newcastlemax (210,000 tdw) at a discharge rate of up to 25,000 metric tonnes per day. This platform will be the first and only multi-user facility in Vietnam and is specificallly designed to be able to handle growing coal imports.

Vietnam is currently facing a significant challenge to receive and export growing volumes of bulk cargoes due to shallow ports and relatively poor port infrastructure. Coal imports in particular have grown more than 100% per annum from 2010 to 2017 and the total volume of coal imported is projected to reach 60 million tonnes per annum by 2025.

Three strong Partners (Welhunt – Oldendorff – Haivanship) have teamed-up to provide a seamless, cost effective and reliable integrated coal logistic solution for Vietnam based customers.

Welhunt is the largest coal importer into Vietnam.

Oldendorff Carriers is one of the largest bulk shipping companies worldwide with strong and growing involvement in the Vietnam market.

Haivanship is a well-established Vietnamese logistics provider owning and operating tugs and coal barges in South-Vietnam.

Oldendorff Carriers has significant experience in transhipping bulk cargo around the world, with over 30 million tonnes of bulk cargo transhipped annually. The Floating Transfer Platform positioned in Vietnam has two cranes, hoppers and conveyor belts and will be able to tranship the coal from large ocean going vessels (OGV’s) into shallow draft barges for delivery to customers.

By using the largest and most economical OGV’s, the coal can be sourced and transported from any port around the world. The barges will deliver the coal directly to the jetties of our clients across Vietnam and potentially other nearby markets in an environmentally friendly manner.

This door-to-door coal delivery solution will take away much of the transportation risk from our clients and provide a reliable and cost effective logistic solution to meet the coal import needs of Vietnam.


Brief Profiles of Companies


Welhunt is an international integrated trading house with exposures in Metal, Agricultural and Energy business worldwide. Welhunt is currently the largest coal importer into Vietnam, delivering over 3 million tons of coal per annum to this market alone. We continue our focus and commitment to Vietnam market with coming expansion and investment on our agenda.


Oldendorff Carriers GmbH & Co KG

Oldendorff Carriers is a family owned dry bulk shipping company normally operating a fleet of over 600 vessels. The fleet ranges in size from Handysize (35,000 tdw) up to Newcastlemax (210,000 tdw). In 2013, the company embarked on a newbuilding program with over 50 eco-ships under construction or recently delivered. The company operates 7 transshipment operations worldwide handling in excess of 30 million tonnes per annum.



Haivan Shipping Services Corporation (Haivanship) is a Vietnamese private companyproviding domestic waterway transportation services. Haivanship is operating its ownedfacilities including barges, tugboats, midtream buoys, stevedoring offering to clienta full set of services to dispatch large Ocean Going Vessels quickly and smoothly.