Vinalines planning new container terminals

Haiphong Port JSC Haiphong Port JSC, a subsidiary of Vinalines, is northern Vietnam’s biggest port company. Credit: Vinalines

Vietnam National Shipping Lines (Vinalines) is seeking approval from the government to build two container terminals at Lach Huyen Port in North Vietnam’s Hai Phong City.

The two proposed terminals would have a total length of 750m and the capacity to handle vessels of up to 100,000 DWT (8,000 teu) and cost around VND7 trillion (US$299m), confirmed Nguyen Canh Tinh, director of state-run Vinalines.

Mr Tinh said its subsidiary, Haiphong Port JSC, would build terminals No.3 and No.4 at the port and explained the investment would be a strategic step in the company achieving its plan to handle around 30% of cargo at ports nationwide by 2020.

Haiphong Port JSC used to work mainly at Hoang Dieu terminal, which has now been taken over for the construction of an urban area, so new terminals are needed in its place.

Vinalines and Haiphong Port JSC, in which Vinalines owns a 65% stake, also plan to develop a logistics center of around 250ha in the area to optimise the handling, storage, processing, and distribution of cereals.

Lach Huyen is set to become a modern port complex and the only one in the north that can berth ships of up to 150,000t. It is expected to have nine terminals with a combined length of 3,000m by 2020.

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