22.1 C
Hamburg
Wednesday, June 4, 2025
Home Port News VIMC eyes transshipment project with MSC

VIMC eyes transshipment project with MSC

Vietnam Maritime Corporation’s (formerly Vinalines) subsidiary Saigon Port plans to work with Mediterranean Shipping Company to build and operate an international container terminal in Can Gio district in Ho Chi Minh City.

The proposal, involving the development of a terminal to receive ships of up to 250,000 dwt and to handle 15 million TEU annually, was submitted to the government on 25 March. VIMC said that US$850 million of investments will be needed to build the terminal.

VIMC said that container transshipment and port services have been the competitive advantages of many coastal countries.

In its proposal, VIMC said, “Can Gio is located at the start of the Cai Mep-Thi Vai route, near international shipping routes. This is important for establishing international container transshipment services.”

VIMC noted that trassnshipment services have been successfully offered in Singapore, Malaysia, Thailand, China and Taiwan.

Singapore, the world’s largest transshipment port, handled 37.5 million TEU in 2021 and it is estimated that 85% of these volumes are transhipments.

In comparison, Vietnam Maritime Administration’s figures show that the country’s sea ports processed around 23.9 million TEU in 2021, primarily through Ho Chi Minh City, Vung Tau and Hai Phong.

Martina Li
Asia Correspondent





Latest Posts

HHLA acquires majority stake in Ukrainian terminal

Hamburger Hafen und Logistik AG (HHLA) has decided to invest in a Ukrainian terminal, acquiring 60% of the shares in Eurobridge Intermodal Terminal LLC...

India vows to emerge as shipbuilding power through external partnerships

India's shipbuilding sector is experiencing a strategic transformation, driven by a convergence of geopolitical motives, national industrial goals, and ambitious maritime visions. Under Prime Minister...

Sierra Leone’s Freetown Port prepares for digital transformation

A needs assessment mission conducted in Sierra Leone from 26 to 30 May has laid the groundwork for the introduction of a Maritime Single...

APM Terminals Lázaro Cárdenas receives six new electric cranes

APM Terminals Lázaro Cárdenas has received six cutting-edge electric automated rail-mounted gantry cranes, marking a significant step forward in modernizing Mexico’s logistics infrastructure. These cranes...

Crew evacuated after fire on Zodiac car carrier

Fire broke out on a Zodiac Maritime-managed car carrier off Alaska on 3 June. All 22 crewmen on the 2006-built, 4,902 CEU Morning Midas...
error: Content is protected !!