Vietnam Petroleum Transport Joint Stock Company Announces Relocation of Head Office

Vietnam Petroleum Transport Joint Stock Company (VIPCO) is a Vietnam-based company engaged in marine transportation. It offers marine and coastal transportation services for petroleum products of Vietnam National Petroleum Corporation (Petrolimex) and other freight, as well as ship brokerage services, freight forwarding services, customs clearance services and cargo handling services. The Company is also involved in the operation of ports and warehouses, including bonded warehouses, as well as the trading of petroleum, liquefied gas and petrochemicals. Moreover, it is engaged in the real estate industry through house and office leasing activities. As of December 31, 2012, the Company was a subsidiary of Petrolimex. As of the same date, it had five subsidiaries and one affiliate. Effective June 13, 2013, Petrolimex has transferred its ownership of the Company to Petrolimex Tanker Corporation.