Vinalines going forwards with new brand VIMC
Vinalines going forwards with new brand VIMC
The Vietnam Maritime Corporation (VIMC) is stepping up the restructuring of seaport activities to make full use of resources to meet future development demands.
The Vietnam National Shipping Lines (Vinalines) began operation under the model of a joint stock company on August 18, making its new international brand name Vietnam Maritime Corporation (VIMC). VIMC has become a leading business in the fields of shipping, seaport exploitation and maritime services. Since the Covid-19 outbreak, VIMC has encountered difficulties as a consequence of broken international supply chains. The corporation has cooperated with domestic corporations to better its operations including seaport exploitation. In the first nine months of this year, VIMC handled 83.4 million tonnes of cargo, eight percent more than the same period in 2019, earning a port-related profit of VND1.04 trillion, up 17 percent from same period last year.
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In implementing the Vietnam Maritime Strategy to 2020 and under the new model of operation, VIMC aims to maintain its leading role in the Vietnamese maritime industry, specializing in the fields of shipping, seaport exploitation and maritime services.
VIMC has contributed capital to 16 seaport exploitation enterprises and one river-port exploitation business, with 80 berths totaling 13,428 meters in length, accounting for 23.53 and 30.37 percent of the country’s total number of wharves and berth length. The seaports managed by VIMC play an important role in cargo exchange in particular and economic development in general.
In the northern country, VIMC has five enterprises managing and operating 28 berths with a total length of 4,220m, capable of receiving vessels of up to 50,000DWT, including Hai Phong Port, CICT Port (a joint venture between Cai Lan Port Investment Joint Stock Company, a subsidiary of VIMC, and Carrix/SSA from the US), Transvina Port, Vinalines Dinh Vu Port (under construction), and Khuyen Luong Port (a river port).
In the central region, the corporation has four enterprises operating 13 berths with a total length of 2,595m, capable of receiving vessels of up to 40,000DWT, including Nghe Tinh Port, Da Nang Port, Quy Nhon Port, and Cam Ranh Port.
VIMC has four port enterprises in the area of Ho Chi Minh City and Cai Mep - Thi Vai, managing and operating 34 berths totaling 5,744m in length, capable of receiving vessels of up to 120,000DWT, including Saigon Port, SP-PSA Port (a joint venture between VIMC, Saigon Port, and PSA from Singapore), CMIT Port (a joint venture between VIMC, Saigon Port, and APMT from Denmark), and SSIT Port (a joint venture between VIMC, Saigon Port, and Carrix/SSA from the US).
In the southwestern region, the corporation has three enterprises managing and operating five berths with a total length of 769m, capable of receiving ships of up to 20,000DWT, including Can Tho Port, Nam Can Port, and Hau Giang Port.
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VIMC ports have been equipped with modern, consistent equipment to ensure international standard customer services. Container ports are being managed by joint venture companies between VIMC and world leading liners and port operators.
On October 26, CMIT Port – the Cai Mep International Port successfully welcomed the 214,121DWT Margrethe Maersk container ship, one of the few largest container ships in the world, managed by the world’s largest shipping firm – 2M – along a route to the West Coast of the US. This proves that the government and the Prime Minister did the right decision when choosing the Cai Mep deep water port group as an international entrepot port.
Along with the new brand name, the corporation has released a new logo with the blue and white stylized globe icon, meaning the development spanning continents and crossing over the world.
To achieve the goal of sustainable growth, the formation of closed supply chains will be one of the necessary directions, promoting all VIMC affiliates to make full use of resources to meet future development demands.
In the coming time, VIMC will still prioritize development of shipping, seaport exploitation and maritime services. The corporation will focus on investment in completing deep-water ports in key locations such as Tan Vu and Lach Huyen in the north, improving capacity of Tien Sa Port in the central region and Hiep Phuoc and Cai Mep - Thi Vai deep-water ports in the south.
VIMC will constantly generate strenuous efforts to help Vietnam become a strategic destination on the world maritime map. It will continue to promote chain services, integrating the operation of seaport, sea transportation and maritime services into one packaged logistics service, aiming to add value to services for customers.
