Port dev/operations

Saigon Port Company Limited sold out 35.71 million shares bringing VND411.13 billion (US$18.83 million) in its initial public offering organized at the Ho Chi Minh City Stock Exchange on Tuesday. The sold shares account for 16.51 percent of the company’s chartered capital. Thirty nine investors attended the auction session, including …

Tan Cang – Hiep Phuoc seaport, which is capable of handling 50,000-70,000 DWT ships, was inaugurated in Nha Be district, Ho Chi Minh City on May 19. Its construction, sprawling over 18.7ha, was divided into two phases at a total cost of 1.5 trillion VND (71.4 million USD). With a …

Freight Link Capital based out of Singapore has submitted a US$114 million investment proposal to the Ministry of Transport to construct two additional wharfs at the Vung Ang Port area of the Ky Anh district in the central province of Ha Tinh. As proposed the wharfs would be operated by …

The southern province of Ca Mau has approved a plan worth VND1.7 trillion (US$78.2 million) to upgrade the sea dykes along its west coast. The plan will be implemented over the next two years with VND650 billion (US$29.9 million) funded by a climate change response programme and VND782 billion (US$36 …

Cai Mep, Baria Vung Tau, Vietnam  On February 20, 2017 CMIT (Cai Mep International Terminal), a joint venture between Vinalines, Saigon Port and APM Terminals, received the trial call of the m/v Margrethe Maersk 194,000 DWT, the EEE- Class vessel of Maersk Line, in excess of 18,000 TEU capacity. …

The southern province of Ba Ria-Vung Tau is striving to become an international logistics hub – manned by world-class logistics services centres. To realise the potential of its ports, Ba Ria-Vung Tau aims to become a world-class logistics hub Seated on international marine routes, Ba Ria-Vung Tau has favourable conditions …

The Ministry of Planning and Investment has proposed the prime minister to approve the investment plan of the VND6.96 trillion ($311.9 million) seaport and industrial park complex invested by a consortium of three foreign investors in Quang Yen town of the northern province of Quang Ninh. The consortium includes CDC …

China Shipping’s CSCL Star, a container vessel with loading capacity up to 160,000 tonnes, docked in southern Ba Ria-Vung Tau province’s Cai Mep International Terminal (CMIT) on October 29. The freighter – 366 metres long and more than 51 metres wide  can carry over 14,000 TEUs (a unit measuring …

The Vietnam Maritime Administration has expressed the intention to downsize ports in HCMC to divert ships to the underperforming Cai Mep-Thi Vai port complex in Ba Ria-Vung Tau Province. The administration will write to the Ministry of Transport proposing limiting cargo throughput at the city’s ports to help the Cai …

Ha Tinh Minerals and Trading Corporation and the Viet Nam-Laos Vung Ang Port Joint Stock Company co-organized a groundbreaking ceremony for Vung Ang port wharf No 3 project at Vung Ang economic zone in the central Ha Tinh province on September 22. Vung Ang port wharf No 3 project reached …