Cat Lai Port to divert ships as congestion hinders trade

Aug 4th at 13:51
04-08-2014 13:51:28+07:00

Cat Lai Port to divert ships as congestion hinders trade

 Transport Minister Dinh La Thang has met Cat Lai Port operators in Ho Chi Minh City to seek solutions to a pile-up of inward and outward container cargo.

Congestion at the port is already said to be hindering export and import business.

At the meeting, it was decided to reduce the long line-up of goods containers by diverting some of the container ships to alternative destinations in the vicinity of Cat Lai.

One operator, Nguyen Ngoc Quynh, deputy general of Sai Gon Premier Container Terminal, said her company could handle an additional of eight or 10 shipping vessels per week.

Deputy general of Sai Gon Port, Vo Hoang Giang, recommended using Cai Mep-Thi Vai International Port in the southern province of Ba Ria-Vung Tau.

The port, now running under capacity, has appeared less attractive to shippers since it costs an extra VND2-3 million (up to $US140) to ship a 40ft container through the port.

Sai Gon Newport Corporation, which operates Cat Lai Port, will request shippers to load containers within a certain time.

Inbound traffic using the port for transit will be blocked until any congestion subsides.

The port will stop taking containers from surrounding ports in Ho Chi Minh City and Ba Ria-Vung Tau Province from early this month, but still accept containers from other ports under Sai Gon Newport Corporation's management.

The meeting was told that the delay of goods and extra storage payments at Cat Lai Port had pushed up the price of imports and exports in Ho Chi Minh City.

Cat Lai Port normally handles more than 80 per cent of goods going in and out of Ho Chi Minh City and neighboring provinces.

According to Sai Gon Newport Corporation, the severe congestion at the port was caused by container vessels arriving and leaving later than expected.

Customs authorities have also begun applying new e-customs clearance procedures and the Government has tightened control over the loading of trucks nationwide.

The Ministry of Transport will work with the Ministry of Industry and Trade, the Ministry of Finance, and local authorities in southern provinces early this month to ensure congestion is relieved. 

bizhub



NEWS SAME CATEGORY

MARD floats plan to boost tuna value

The Ministry of Agriculture and Rural Development (MARD) recently held a workshop on how to develop a tuna value chain in the central coastal province of Khanh Hoa.

Chile free trade deal offers big chances

Chile free trade agreement, which took effect last January, has opened up chances for their business communities, Chilean Vice Ambassador to Viet Nam Alvaro Guzman...

Experts urge business environment reforms

If Viet Nam does not improve its business environment by simplifying administrative procedures and cutting business costs, the country will fall behind, experts...

Vietnam metallurgy association raises alarm over illegal iron ore exports to China

The volumes of raw iron ore illegally exported to China have been on the rise since 2013, hugely affecting taxes collected in Vietnam, the head of a local...

Vietnam poised as ‘Big Winner’ from FTAs

The Vietnamese economy is poised for ‘exponential’ strong growth with the signing of a number of free trade agreements (FTA) in the offing.

Textile & garment companies short of orders for rest of year

Many small-and medium-d garment companies in HCM City reportedly have received only half to 60 percent of the orders they expected this year.

Vietnamese province, Japanese city ink cooperation deal

The southern Vietnamese province of Kien Giang and the Japanese city of Kobe reached a cooperation agreement on investment in multiple aspects in the island...

Fraudulent Vietnamese travel firm promises to pay back tourists

The director of a tour operator based in Ho Chi Minh City that had reportedly run away with bookings from more than 100 tourists asserted Thursday that the company...

Vietnam mobile operator increases 3G speed to 42Mbps, faster than ADSL

Vinaphone has successfully employed new technology to allow its 3G connection to have higher data-transfer speeds, the Vietnamese mobile operator announced...

Vietnamese investors regret Chinese technology purchases

 Using Chinese production line and equipment, a fertilizer plant of the Ninh Binh Nitrate Company has been taking losses, while eight northern provinces...


MOST READ


Back To Top