Saigon Newport Company News

Mitsui O.S.K. Lines, Ltd. signed a contract to establish a joint terminal operation company with Saigon Newport Company, Hanjin Shipping Co., Ltd., and Wan Hai Lines, Ltd on February 4. The signing ceremony was held in Ho Chi Minh City. The terminal project will be located in Vietnam’s Cai Mep region and is slated to start operation in 2011.

Saigon Newport Company (SNP) in Vietnam has awarded Kalmar Industries a landmark contract for ten E-One rubber-tyred gantry (RTG) cranes, destined for its Tan Cang-Cat Lai container terminal near Ho Chi Minh City. The agreement is the latest in a succession of orders from environmentally conscious terminal operators across Asia for Kalmar’s revolutionary all-electric RTG, introduced to the market just over two years ago. SNP’s 6+1 wide and 1-over-5 high units will come equipped with Kalmar’s container position verification system, Smartpath, and will be delivered by May 2008.