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HCMC container port adds new berth
Saigon Newport Company, Vietnam’s biggest container port operator, Monday added a new berth to Cat Lai Port in Ho Chi Minh City’s District 2.
The berth, the port’s seventh and 216 meters long, will increase loading capacity to 350,000 TEUs (twenty-foot equivalent units), or four million tons of cargo a year.
The military-owned company invested VND450 billion (US$2.57 million) in the berth which can handle 30,000 ton vessels traveling through the country’s key southern economic areas including HCMC and Binh Duong, Dong Nai, Long An and Ba Ria-Vung Tau provinces. It plans to add an eighth berth next year.
Saigon Newport Company, which also operates Tan Cang (Newport) and Cai Mep Ports, handled two million TEUs (28 million tons) of cargo last year, accounting for nearly 65 percent of the city’s total volume and more than 42 percent of the country’s.
Last month, it signed deals with South Korea-based Hanjin Shipping, Japan’s MOL and Taiwan’s Wnai Line to establish the $39 million Tan Cang-Cai Mep International Joint Venture, which will manage and operate Tan Cang-Cai Mep Terminal Project II for 30 years.
Minh Quang
thanhnien
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