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Cai Mep International Terminal News

17 Jan 2019

Vietnam Welcomes World's Largest Container Ship

CMA CGM Marco Polo, the largest container ship in the world, docked at the major international seaport Cai Mep International Terminal (CMIT) in the southern Vietnamese province of Ba Ria-Vung Tau, commencing a new weekly service to transfer cargo directly from Vietnam to Northern Europe.Important guests, including senior government officials will attended the vessel maiden call’s celebrations jointly organised by CMIT and CMA CGM at the Cai Mep terminal in Ba Ria Vung Tau Province.CMIT is a deep-sea container terminal and market leader for global ocean carriers serving the South Vietnamese economy. Since 2018, CMIT operates with a license to handle container vessels up to 194…

14 May 2018

Vietnam Opens Haiphong International Container Terminal

Mitsui O.S.K. Lines has announced that its joint venture company Haiphong International Container Terminal held an opening ceremony for the new Haiphong International Container Terminal (HICT) at Lach Huyen Port, Vietnam on May 13. HICT is the first terminal in Northern Vietnam with a berth deep enough to allow calls by 14,000TEU containerships. It will meet customer demands for shorter transit times and lower transport costs, while contributing to economic growth in Northern Vietnam, including Haiphong industrial park, since large-size container vessels, which offer direct links to Asia and North America/Europe, can call at the port.

01 Sep 2017

CMIT Welcomes Vietnam PM

Vietnam’s Prime Minister Nguyen Xuan Phuc visited Cai Mep International Terminal (CMIT) on July 21st, becoming the first container terminal in the Cai Mep area, part of Saigon Port, to receive the Vietnamese Head of State. CMIT is a joint venture between APM Terminals, which holds a 49% share, Vietnam National Shipping Lines, with a 36% share, and Saigon Port, with a 15% share. Prime Minister Phuc was welcomed by CMIT acting Managing director Nguyen Xuan Ky, who expressed the facility’s appreciation to the Vietnamese national and provincial governments, and the Vietnamese Ministry of Transport for supporting policies which have led to the success of the deep-water port complex.

14 Jul 2016

Hanjin Sells Vietnamese Terminal

South Korea's largest shipping line Hanjin Shipping has sold its entire 21.3% stake in Tan Cang Cai Mep International Terminal (TCIT)  in Vietnam to its affiliate in order to secure liquidity. The financially-troubled shipping line will raise about  $33m from the sale. The move came after the government and creditors, led by state-run Korea Development Bank, pushed Cho Yang-ho, the chairman of Hanjin Group, to pour more cash to the ailing shipping arm of the company. TCIT is a joint venture company of Saigon Newport Corporation with Hanjin, Mitsui OSK Lines and Wan Hai as partners. Cai Mep in the Mekong Delta is a huge complex of terminals built in the past 12 years. Almost all the terminals in the area have failed to make money.

18 May 2016

Cai Mep International Terminal Container Volume Doubles

Throughput at Cai Mep International Terminal, the APM Terminals facility in Vietnam’s Ba Ria‐Vung Tau province, southeast of Ho Chi Minh City, expanded by 130 percent in the first quarter as new service calls added in 2015 began to impact volumes. The container volume has surged by 130% to 277,303 TEUs for the first three months of 2016, as compared with the same period a year ago. This growth follows an 80% expansion in container traffic at CMIT in 2015 over the year prior, to 724,768 TEUs. CMIT, part of the APM Terminals Global Terminal Network, is a deep-water facility located in the Ba Ria‐Vung Tau Province, southeast of Ho Chi Minh City, and is capable of accommodating larger deep draft vessels of up to 15,000 TEU capacity, now cascading into Vietnamese trade routes.

18 May 2016

CMIT's Q1 Volume Double

Cai Mep, Vietnam - With five new services calls added to Cai Mep International Terminal (CMIT) since May of 2015, container volume has surged by 130% to 277,303 TEUs for the first three months of 2016, as compared with the same period a year ago. This growth follows an 80% expansion in container traffic at CMIT in 2015 over the year prior, to 724,768 TEUs. CMIT, part of the APM Terminals Global Terminal Network, is a deep-water facility located in the Ba Ria‐Vung Tau Province, southeast of Ho Chi Minh City, and is capable of accommodating larger deep-draft vessels of up to 15,000 TEU capacity, now cascading into Vietnamese trade routes.

02 Nov 2015

CMIT Welcomes First 14,000 TEU Box Ship

Photo: APM Terminals

On October 29, 2015 Cai Mep International Terminal (CMIT) received the maiden call of the 14,000 TEU m/v CSCL Star, the ultra large container vessel (ULCV) of 157,000 DWT, deployed in the Ocean 3 Alliance, marking the first Vietnam/Northern Europe direct service. Notably, within the last week, two feeder services have also started to call at CMIT to connect both the local Vietnamese export cargo and the international export cargo from Thailand and Cambodia, all transshipped through CMIT.

17 Feb 2015

Vietnam Seeking Private Investment in Ports

Cai Mep International Terminal (Photo courtesy of Maersk)

Vietnam's Ministry of Transport is seeking private sector investment for construction of seaports, Vietnam Briefing reported last week. The Vietnam Maritime Administration will announce a list of 42 maritime infrastructure projects, including 18 seaports, looking for private investment, said Do Duc Tien, Deputy Chief of the Vietnam Maritime Administration. The privatization of Vietnam's ports is part of an initiative launched in April 2014 to privatize an estimated 432 state-owned enterprises between 2014 and 2015.

13 May 2011

APM Terminals 30-Yr Callao Terminal Concession

Terminal Muelle Norte at Peru’s largest port is the latest of three expansions into new areas won by APM Terminals this year. Lima, Peru- The new 30-year concession contract for the development and operation of Terminal Muelle Norte at the Port of Callao was signed today by Peruvian President Alan Garcia and representatives of APM Terminals and local partner Central Portuária S.A.C. in the Presidential Palace in Peru’s Capital City of Lima. “Our vision is to transform Terminal…

17 Jan 2011

MOL's Ship Starts Direct Service to North Europe

MOL Precision at TCIT (Photo courtesy Image Line Communications Ltd.)

Mitsui O.S.K Lines Ltd.(MOL)'s MOL Precision made its first call at Tan Cang-Cai Mep International Terminal (TCIT) in Vietnam on January 15, where a welcoming ceremony was held in commemoration of the event. Attended by approximately 200 people, including government officials, this marked the start of a direct service from Vietnam to North Europe introduced by The New World Alliance (TNWA). TNWA created the new route by adding a Vietnam call to their JEX service. During the ceremony…