Vietnam to boost domestic box fleet as more shippers shift from China
Vietnam’s state-controlled shipping group, Vietnam Maritime Corp (VIMC), plans to acquire more containerships and build ...
The Vietnamese government is to spend $24m to upgrade Terminal 1 in Quy Nhon Port, so it can serve two fully loaded 4,000 teu ships simultaneously.
Currently it can handle just one 2,000 teu vessel.
The work involves expanding the quay length by 35 metres to 480 metres and is expected to be completed in 2023.
Located in the central Binh Dinh province, Quy Nhon Port currently handles more than 130,000 teu annually.
Vietnam Maritime Corporation deputy general director and port chairman Pham Anh ...
Comment on this article