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Cargo volume through Vietnam’s seaports in 10 months of 2018

08:26:4509/01/2019

According to the Vietnam Maritime Administration, the first 10 months of 2018, the volume of goods through the port reached about 431 million tons. In particular, container cargo reached nearly 14.8 million TEUs, up by 19% and 26% respectively over the same period in 2017. Particularly in October 2018, the volume of cargo through seaports reached more than 43 million tons. 20% compared to the same period last year.

According to Deputy Director of Vietnam Maritime Bureau Bui Thien Thu, seaports in Quang Nam region have the highest throughput volume of the whole country (up 109.93%), mainly dry and general goods. Next are the ports: Ha Tinh (up 98.3%), Nghe An (up 64%).

However, beside the above-mentioned growth port group, there are still a number of seaports in Kien Giang and Nha Trang having a throughput decrease of 28-64% over the same period last year. The reason is that in 2018, Kien Giang area has no volume of sand dredged in Quan port channel as in 2017.

As of December 2017, the total number of ports of the port system is 251 berths with about 88 km of wharf length, total design capacity of about 543.7 million tons / year.

Compared to the first years of plan’s implementation, Vietnam's seaport system has increased by 4.4 times in terms of port length (about 20,000 meters in 2000 and 87,550 meters by the time of reporting).

According to the report of Vietnam Maritime Administration, the total output through Vietnam's seaport system in 2017 is estimated at 536.4 million tons, thus, the use of Vietnam's port system reaches 98, 66%, a number leads to the conclusion that we have exploited the seaport system effectively.

Vietnam has new and modern harbors in Cai Mep - Thi Vai (CM-TV), Hiep Phuoc, Lach Huyen and Cai Lan to replace the old ones that existed after the war, and especially we have got deep-water ports to reduce the situation that export goods have to be unloaded many times at regional transshipment ports.

In terms of numbers, the seaport system has also ensured the passage of all import and export goods by sea according to the growth requirements of the economy, whose target is set from Planning 202.

According to Vietnam Maritime Administration, the volume of goods through Vietnam's seaport system has grown steadily, averaging about 10% per year, with 2015 output increasing 1.7 times compared to 2009, Obviously the seaport system. still meet this growth.

In terms of investment attraction, even before the Planning 202, some foreign investors and port operators have invested in port exploitation in Vietnam through a number of joint-venture projects in the area, typically through VICT and Lotus ports. After the government planned to relocate ports in HCMC area to Hiep Phuoc and CM-TV, Vietnam's port group 5 was one of the rare port groups in the world to attract investment capital of the four largest container port operation in the world such as Hutchison Ports, PSA, APM Terminals and Dubai Port World, with the most low capital investment project is US $ 250 million.

Besides Big 4, international shipping lines such as MOL, NYK, Hyundai, Wan Hai, Yang Ming, Hanjin ... have also expressed their intention to invest in port operations in Vietnam, many of which later poured capital into different port projects nationwide.

Not only limited to investment in container ports, large corporations in the world have also poured money into Vietnam to exploit specialized terminals such as Interflour, Bunge, Formosa, Lee & Man, Wilmar ...

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