Information about the Company
PetroVietnam Transportation Corporation (PVTrans) was originally established in May 2002 to provide petroleum transportation services. PVTrans mainly provides crude oil, oil/chemicals, liquefied petroleum gas, and dry bulk transportation services; offshore petroleum technical services; technical ship management and crew manpower supply services; and maritime logistics services.
The Company’s Vision is to maintain its position as Vietnam’s multi-owned largest maritime transporter and offshore petroleum technical service provider with sustainable growth, qualified human resources, and competitiveness; to build and develop a prestigious brand in regional and global markets.
The Company’s Mission is to optimize resources for the sustainable development of PVTrans; to actively contribute to the development of Vietnam’s oil and gas industry and maritime transportation sector; to maximize the interests of shareholders and customers, ensure social responsibility to employees, community, and wider society.
The Company’s Value is to maintain and improve the fleet quality and crew competence; ensure operational safety, and strict compliance with international and national maritime transportation regulations; create a supportive environment for cooperative development; and embrace changes to drive creation and innovations.
Company Culture & Company Activities
PVTrans has established a positive and open-minded organizational culture, which plays a crucial role in establishing a solid foundation for the Company to achieve its goals. The core pillars of culture lie in ambition, intellect, professionalism, and humanity. It has fostered standardization of regulation, processes, and procedures across business divisions and subsidiaries together with the transfer, sharing, and adoption of best practices.
Employee well-being is always at the forefront of PVTrans workforce priorities. Apart from appropriate compensation and bonus package, PVTrans offered hands-on training programs for employees to further enhance their personal and professional development. Throughout the year, PVTrans employees have a chance to join in different team-building activities to cement relationships with colleagues and boost workplace morale.
To contribute to a harmonious and civilized society, PVTrans has demonstrated its social responsibility to the community through several social security activities, such as scholarship sponsorship, memorial and tribute activities, support for natural disaster relief and prevention, and donations to numerous funds.
PetroVietnam Transportation Corporation (PVTrans) was originally established in May 2002 to provide petroleum transportation services. PVTrans mainly provides crude oil, oil/chemicals, liquefied petroleum gas, and dry bulk transportation services; offshore petroleum technical services; technical ship management and crew manpower supply services; and maritime logistics services.
The Company’s Vision is to maintain its position as Vietnam’s multi-owned largest maritime transporter and offshore petroleum technical service provider with sustainable growth, qualified human resources, and competitiveness; to build and develop a prestigious brand in regional and global markets.
The Company’s Mission is to optimize resources for the sustainable development of PVTrans; to actively contribute to the development of Vietnam’s oil and gas industry and maritime transportation sector; to maximize the interests of shareholders and customers, ensure social responsibility to employees, community, and wider society.
The Company’s Value is to maintain and improve the fleet quality and crew competence; ensure operational safety, and strict compliance with international and national maritime transportation regulations; create a supportive environment for cooperative development; and embrace changes to drive creation and innovations.
Company Culture & Company Activities
PVTrans has established a positive and open-minded organizational culture, which plays a crucial role in establishing a solid foundation for the Company to achieve its goals. The core pillars of culture lie in ambition, intellect, professionalism, and humanity. It has fostered standardization of regulation, processes, and procedures across business divisions and subsidiaries together with the transfer, sharing, and adoption of best practices.
Employee well-being is always at the forefront of PVTrans workforce priorities. Apart from appropriate compensation and bonus package, PVTrans offered hands-on training programs for employees to further enhance their personal and professional development. Throughout the year, PVTrans employees have a chance to join in different team-building activities to cement relationships with colleagues and boost workplace morale.
To contribute to a harmonious and civilized society, PVTrans has demonstrated its social responsibility to the community through several social security activities, such as scholarship sponsorship, memorial and tribute activities, support for natural disaster relief and prevention, and donations to numerous funds.
We ship in your success
Achievements & Impact
After 2 years of the pandemic, PVTrans has been rebounding to sustain an average profit growth rate of 10-15% p.a. Especially, in 2021, the Company achieved a record-high business result since its early establishment with consolidated revenues and profit before tax reaching USD335 million and USD45 million respectively. It is estimated that consolidated revenue consolidated profit before tax will increase by 12% and 10% respectively as compared to 2021.
PVTrans has expanded its fleet to a total of 38 vessels of varied types ranging from crude oil tankers, oil/chemical tankers, and LPG carriers to dry bulk carriers with a total capacity of over 1.1 million DWT. The continuous improvement in scale and quality of assets will bring PVTrans competitive edges to further develop its market position. Apart from strengthening the domestic market, PVTrans has increased its global presence with more than 80% of its fleet operating around the world from Asia-Pacific, and the Middle East to higher-end markets, such as Southern America and Europe.
Amid a fast-changing and uncertain business environment, PVTrans has followed an overall strategy toward sustainable growth focusing on 3 key dimensions including long-term business performance growth, energy efficiency, environmental protection initiatives, and social responsibilities.
Future Direction
PVTrans aspires to be Vietnam’s leading maritime transporter and develop a prestigious brand in regional and global markets. The Company aims to achieve a compound annual growth rate of 8% and a dividend rate of 10% out of chartered capital.
To realize this vision, PVTrans will continue to promote sustainable development, laying the foundation for a company with agility, flexibility, and responsiveness to uncertainties. The Company will focus on core businesses, strengthen the domestic market and accelerate the expansion of the international market. A continuing fleet rejuvenation program will be prioritized to invest in younger and fuel-efficient vessels to conquer higher-end markets. PVTrans will improve human resource quality via adequate remuneration and benefits packages, continuous training and development programs, and succession planning to cultivate a ready pool of next-gen leadership for its further growth in the future. In alignment with trends toward digital transformation, PVTrans will also integrate digital technology into every aspect of business operations to streamline the operating process and enhance business performance.
After 2 years of the pandemic, PVTrans has been rebounding to sustain an average profit growth rate of 10-15% p.a. Especially, in 2021, the Company achieved a record-high business result since its early establishment with consolidated revenues and profit before tax reaching USD335 million and USD45 million respectively. It is estimated that consolidated revenue consolidated profit before tax will increase by 12% and 10% respectively as compared to 2021.
PVTrans has expanded its fleet to a total of 38 vessels of varied types ranging from crude oil tankers, oil/chemical tankers, and LPG carriers to dry bulk carriers with a total capacity of over 1.1 million DWT. The continuous improvement in scale and quality of assets will bring PVTrans competitive edges to further develop its market position. Apart from strengthening the domestic market, PVTrans has increased its global presence with more than 80% of its fleet operating around the world from Asia-Pacific, and the Middle East to higher-end markets, such as Southern America and Europe.
Amid a fast-changing and uncertain business environment, PVTrans has followed an overall strategy toward sustainable growth focusing on 3 key dimensions including long-term business performance growth, energy efficiency, environmental protection initiatives, and social responsibilities.
Future Direction
PVTrans aspires to be Vietnam’s leading maritime transporter and develop a prestigious brand in regional and global markets. The Company aims to achieve a compound annual growth rate of 8% and a dividend rate of 10% out of chartered capital.
To realize this vision, PVTrans will continue to promote sustainable development, laying the foundation for a company with agility, flexibility, and responsiveness to uncertainties. The Company will focus on core businesses, strengthen the domestic market and accelerate the expansion of the international market. A continuing fleet rejuvenation program will be prioritized to invest in younger and fuel-efficient vessels to conquer higher-end markets. PVTrans will improve human resource quality via adequate remuneration and benefits packages, continuous training and development programs, and succession planning to cultivate a ready pool of next-gen leadership for its further growth in the future. In alignment with trends toward digital transformation, PVTrans will also integrate digital technology into every aspect of business operations to streamline the operating process and enhance business performance.
CORPORATE EXCELLENCE CATEGORY
PetroVietnam Transportation Corporation
Information about the Company
PetroVietnam Transportation Corporation (PVTrans) was originally established in May 2002 to provide petroleum transportation services. PVTrans mainly provides crude oil, oil/chemicals, liquefied petroleum gas, and dry bulk transportation services; offshore petroleum technical services; technical ship management and crew manpower supply services; and maritime logistics services.
The Company’s Vision is to maintain its position as Vietnam’s multi-owned largest maritime transporter and offshore petroleum technical service provider with sustainable growth, qualified human resources, and competitiveness; to build and develop a prestigious brand in regional and global markets.
The Company’s Mission is to optimize resources for the sustainable development of PVTrans; to actively contribute to the development of Vietnam’s oil and gas industry and maritime transportation sector; to maximize the interests of shareholders and customers, ensure social responsibility to employees, community, and wider society.
The Company’s Value is to maintain and improve the fleet quality and crew competence; ensure operational safety, and strict compliance with international and national maritime transportation regulations; create a supportive environment for cooperative development; and embrace changes to drive creation and innovations.
Company Culture & Company Activities
PVTrans has established a positive and open-minded organizational culture, which plays a crucial role in establishing a solid foundation for the Company to achieve its goals. The core pillars of culture lie in ambition, intellect, professionalism, and humanity. It has fostered standardization of regulation, processes, and procedures across business divisions and subsidiaries together with the transfer, sharing, and adoption of best practices.
Employee well-being is always at the forefront of PVTrans workforce priorities. Apart from appropriate compensation and bonus package, PVTrans offered hands-on training programs for employees to further enhance their personal and professional development. Throughout the year, PVTrans employees have a chance to join in different team-building activities to cement relationships with colleagues and boost workplace morale.
To contribute to a harmonious and civilized society, PVTrans has demonstrated its social responsibility to the community through several social security activities, such as scholarship sponsorship, memorial and tribute activities, support for natural disaster relief and prevention, and donations to numerous funds.
PetroVietnam Transportation Corporation (PVTrans) was originally established in May 2002 to provide petroleum transportation services. PVTrans mainly provides crude oil, oil/chemicals, liquefied petroleum gas, and dry bulk transportation services; offshore petroleum technical services; technical ship management and crew manpower supply services; and maritime logistics services.
The Company’s Vision is to maintain its position as Vietnam’s multi-owned largest maritime transporter and offshore petroleum technical service provider with sustainable growth, qualified human resources, and competitiveness; to build and develop a prestigious brand in regional and global markets.
The Company’s Mission is to optimize resources for the sustainable development of PVTrans; to actively contribute to the development of Vietnam’s oil and gas industry and maritime transportation sector; to maximize the interests of shareholders and customers, ensure social responsibility to employees, community, and wider society.
The Company’s Value is to maintain and improve the fleet quality and crew competence; ensure operational safety, and strict compliance with international and national maritime transportation regulations; create a supportive environment for cooperative development; and embrace changes to drive creation and innovations.
Company Culture & Company Activities
PVTrans has established a positive and open-minded organizational culture, which plays a crucial role in establishing a solid foundation for the Company to achieve its goals. The core pillars of culture lie in ambition, intellect, professionalism, and humanity. It has fostered standardization of regulation, processes, and procedures across business divisions and subsidiaries together with the transfer, sharing, and adoption of best practices.
Employee well-being is always at the forefront of PVTrans workforce priorities. Apart from appropriate compensation and bonus package, PVTrans offered hands-on training programs for employees to further enhance their personal and professional development. Throughout the year, PVTrans employees have a chance to join in different team-building activities to cement relationships with colleagues and boost workplace morale.
To contribute to a harmonious and civilized society, PVTrans has demonstrated its social responsibility to the community through several social security activities, such as scholarship sponsorship, memorial and tribute activities, support for natural disaster relief and prevention, and donations to numerous funds.
We ship in your success
Achievements & Impact
After 2 years of the pandemic, PVTrans has been rebounding to sustain an average profit growth rate of 10-15% p.a. Especially, in 2021, the Company achieved a record-high business result since its early establishment with consolidated revenues and profit before tax reaching USD335 million and USD45 million respectively. It is estimated that consolidated revenue consolidated profit before tax will increase by 12% and 10% respectively as compared to 2021.
PVTrans has expanded its fleet to a total of 38 vessels of varied types ranging from crude oil tankers, oil/chemical tankers, and LPG carriers to dry bulk carriers with a total capacity of over 1.1 million DWT. The continuous improvement in scale and quality of assets will bring PVTrans competitive edges to further develop its market position. Apart from strengthening the domestic market, PVTrans has increased its global presence with more than 80% of its fleet operating around the world from Asia-Pacific, and the Middle East to higher-end markets, such as Southern America and Europe.
Amid a fast-changing and uncertain business environment, PVTrans has followed an overall strategy toward sustainable growth focusing on 3 key dimensions including long-term business performance growth, energy efficiency, environmental protection initiatives, and social responsibilities.
Future Direction
PVTrans aspires to be Vietnam’s leading maritime transporter and develop a prestigious brand in regional and global markets. The Company aims to achieve a compound annual growth rate of 8% and a dividend rate of 10% out of chartered capital.
To realize this vision, PVTrans will continue to promote sustainable development, laying the foundation for a company with agility, flexibility, and responsiveness to uncertainties. The Company will focus on core businesses, strengthen the domestic market and accelerate the expansion of the international market. A continuing fleet rejuvenation program will be prioritized to invest in younger and fuel-efficient vessels to conquer higher-end markets. PVTrans will improve human resource quality via adequate remuneration and benefits packages, continuous training and development programs, and succession planning to cultivate a ready pool of next-gen leadership for its further growth in the future. In alignment with trends toward digital transformation, PVTrans will also integrate digital technology into every aspect of business operations to streamline the operating process and enhance business performance.
After 2 years of the pandemic, PVTrans has been rebounding to sustain an average profit growth rate of 10-15% p.a. Especially, in 2021, the Company achieved a record-high business result since its early establishment with consolidated revenues and profit before tax reaching USD335 million and USD45 million respectively. It is estimated that consolidated revenue consolidated profit before tax will increase by 12% and 10% respectively as compared to 2021.
PVTrans has expanded its fleet to a total of 38 vessels of varied types ranging from crude oil tankers, oil/chemical tankers, and LPG carriers to dry bulk carriers with a total capacity of over 1.1 million DWT. The continuous improvement in scale and quality of assets will bring PVTrans competitive edges to further develop its market position. Apart from strengthening the domestic market, PVTrans has increased its global presence with more than 80% of its fleet operating around the world from Asia-Pacific, and the Middle East to higher-end markets, such as Southern America and Europe.
Amid a fast-changing and uncertain business environment, PVTrans has followed an overall strategy toward sustainable growth focusing on 3 key dimensions including long-term business performance growth, energy efficiency, environmental protection initiatives, and social responsibilities.
Future Direction
PVTrans aspires to be Vietnam’s leading maritime transporter and develop a prestigious brand in regional and global markets. The Company aims to achieve a compound annual growth rate of 8% and a dividend rate of 10% out of chartered capital.
To realize this vision, PVTrans will continue to promote sustainable development, laying the foundation for a company with agility, flexibility, and responsiveness to uncertainties. The Company will focus on core businesses, strengthen the domestic market and accelerate the expansion of the international market. A continuing fleet rejuvenation program will be prioritized to invest in younger and fuel-efficient vessels to conquer higher-end markets. PVTrans will improve human resource quality via adequate remuneration and benefits packages, continuous training and development programs, and succession planning to cultivate a ready pool of next-gen leadership for its further growth in the future. In alignment with trends toward digital transformation, PVTrans will also integrate digital technology into every aspect of business operations to streamline the operating process and enhance business performance.