Son Duong deep-water port ready to receive 28 million tonnes of cargo this year

Jan 7th at 08:12
07-01-2019 08:12:51+07:00

Son Duong deep-water port ready to receive 28 million tonnes of cargo this year

The Son Duong deep-water port in Ha Tinh Province is expected to receive 28 million tonnes of cargo from roughly 1,500 ships in 2019, according to the Formosa Ha Tinh Company.

In 2018, the port welcomed more than 21.6 million tonnes of cargo from 1,095 ships.

The main imports at the port were ore, coal and equipment for production at the Formosa Ha Tinh Steel Corporation (FHS). The port also processed the exports of FHS’s rolled steel and wooden chips, reported infonet.vn.

The cargo volume that passed through the seaport was at a record high last year because FHS Company came into stable production, increasing demand for imports of raw materials. Exports of finished products also increased, accounting for 80 per cent of the total company’s output.

On January 3, Formosa Ha Tinh said the water port had completed construction of 12 wharves and was equipped with 19 modern cargo-handling machines.

The port is under the project of Formosa’s iron and steel complex in the province’s Vung Ang economic zone. It sits on an area of more than 1,018.3 hectares and can receive ships transporting iron ore and coal with a capacity of up to 200,000 tonnes.

bizhub



RELATED STOCK CODE (1)

NEWS SAME CATEGORY

Central province approves hi-tech farms

The central province of Quang Nam has approved hi-tech farming and agriculture park projects in Thang Binh District and the township of Dien Ban on 425 hectares of...

Industrial park installs solar system

Skylight, a joint venture between BCG Energy and Indefol Engineering Solutions, on January 4 put into operation a rooftop solar power system at the Dinsen...

Macadamia, chestnut, almond plant opens

Viet Bao Ky Agricultural Products Processing Co., Ltd on Thursday opened and put into operation the Tan Ky-Bao Ky factory, processing macadamia, chestnuts and...

Sao Khue Awards 2019 kicked off

The Viet Nam Software Association (VINASA) launched the Sao Khue Awards 2019, the most prestigious honours for the Vietnamese IT and software industry, on Thursday.

Thaco pours US$200m into production plant

The local Truong Hai Auto Corporation (Thaco) has invested VND4.5 trillion (nearly US$200 million) in a manufacturing plant to produce cars for luxury European...

VN should become one of the world’s top 15 most developed agriculture nations

Viet Nam should become one of world’s top 15 most developed agricultural nations in the next ten years, said Prime Minister Nguyen Xuan Phuc.

Agriculture sector aims to earn US$43 billion this year

The Ministry of Agriculture and Rural Development has set an export revenue target of US$43 billion for this year, up US$3 billion against last year’s result.

Gold fever in energy sector

The list of renewable energy projects registered by both foreign and domestic investors in the country has been growing consistently since the feed-in-tariff hike...

Challenges ahead for oil industry

Viet Nam’s petroleum industry needs to overcome four big challenges to maintain its position as a leading economic sector.

Solar plants’ consumption crisis

Viet Nam’s solar power plants are facing a crisis in consumption of their electricity because there has not been synchronous development of power transmission...


MOST READ


Back To Top