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Vietnam port sets new TEU handling records this month

  • Tan Cang-Cai Mep International Terminal (TCIT) handled a historic record of 14,235 TEUs for a container ship last June 10
  • TCIT then set a new milestone on June 19 handling 15,615 TEUs for another ship
  • For the first half of 2021, TCIT’s total throughput is estimated to reach 1 million TEUs, up 13% compared to the same period the prior year
  • During the first half, TCIT deployed three new service routes, two connecting Vietnam and the US, and one connecting Vietnam to West India

Tan Cang-Cai Mep International Terminal (TCIT) in southern Vietnam carved new handling milestones this month when it handled record volumes for two box ships just a week apart.

Container terminal operator Saigon Newport Corporation (SNP) in a release said TCIT set the first record with Meishan Bridge, a vessel transporting 14,235 twenty foot equivalent units (TEUs), on June 10, 2021.

The terminal broke this record just over a week later on June 19, 2021 with a record high of 15,615 TEUs handled for the vessel Monaco Bridge.

The latest record is also the highest volume per vessel ever handled in the country, “making an important contribution to affirm and enhance the position of Vietnam’s seaport industry in general” and of Cai Mep-Thi Vai deep-water port area, which includes TCIT, said SNP.

The two vessels are operated by Ocean Network Express (ONE), part of a fleet of box ships in the 14,000-TEU capacity range. Both are deployed on the EC4 service of THE Alliance, connecting Vietnam to the US East Coast.

The previous record set by TCIT was more than a year ago in February 2020, when it processed 12,562 TEUs for a vessel.

Even as the Covid-19 pandemic has significantly undermined the global economy, Vietnam has sustained a stable economic growth and continues to experience robust import-export activities during the ongoing virus outbreak, said SNP.

According to the Vietnam Port Association, total throughput volume through the Cai Mep-Thi Vai area reached 2.3 million TEUs in the first five months of this year, up by 47% compared to the same period last year.

In the first half of 2021, TCIT’s total throughput volume is estimated to reach 1.1 million TEUs, up 13% in comparison to the same period last year. This comprises a 42% market share in the Cai Mep-Thi Vai deep water port system, according to TCIT general director Akira Kurita.

During the first six months of the year, TCIT deployed three new service routes, two connecting Vietnam and the US and one connecting Vietnam to West India. This raises the total number of international service routes at TCIT to 11, broken down into seven routes to North America, one route to the US and Canada, one route to Europe, and two intra-Asia routes.

TCIT said it will continue to expand cooperation with its partners and accelerate investment in modern equipment to further improve service quality, increase competitiveness, and meet the increasing requirements of the global supply chain.

The terminal is a joint venture among SNP, Mitsui O.S.K. Lines, Wan Hai Lines and Hanjin Transportation.

Photo from SNP

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