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| Cai Mep port is named among most effective container seaports worldwide. Source: VOV |
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Cai Mep port in Vietnam has recently achieved an impressive feat by being ranked 12th in the 2022 Container Port Performance Index (CPPI 2022) report published by the World Bank and S&P Global Market Intelligence. Out of the 348 most efficient container terminals and port clusters across the globe, Cai Mep port has come out as one of the top performers. According to VOV’s Friday report, this is an exemplary accomplishment.
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The impressive port cluster, known as the grandiose seaport group, boasts a remarkable container throughput of more than four million TEU per year. Its vast size and scale make it a truly impressive feat of engineering. The port cluster is capable of handling a wide variety of vessels and cargo, making it a vital hub for global trade. Furthermore, its state-of-the-art technology ensures that all operations are conducted in an efficient and safe manner, allowing it to maintain its competitive edge in the industry.
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Notably, it has retained its 13th place on the “administrative approach” index, which is calculated using a technique that assigns a greater weight to the most popular vessel sizes in the port. This ensures the index accurately reflects the current traffic in the port.
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The Container Port Performance Index (CPPI) report is produced annually to provide an in-depth analysis of the global efficiency of seaports, based on numerous criteria that measure the total time required for loading and unloading containers for each voyage throughout the year. The report provides an extensive overview of the performance of port operations and can be utilized to make informed decisions about future investments and improvements. Additionally, the CPPI report can be used to compare the performance of different ports and inform decision makers on which ports are operating most efficiently.
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The terminal is also equipped with advanced technologies and modern equipment, enabling it to handle over 2 million TEU (twenty-foot equivalent units) per year. Furthermore, the terminal is also capable of providing services such as cargo and container storage, reefer container plug-ins, and yard services.
Covering an area of 48 hectares, the Cai Mep International Terminal is situated in the Lan Thanh District of Ba Ria-Vung Tau Province, approximately 50 kilometers away from Ho Chi Minh City. Boasting a wharf that stretches for 600 meters, this terminal is capable of receiving large container ships with a maximum capacity of up to 160,000 DWT (deadweight tons). Additionally, the terminal is equipped with advanced technologies and modern equipment, allowing it to handle more than 2 million TEU (twenty-foot equivalent units) per year. Furthermore, the terminal offers a range of services, including cargo and container storage, reefer container plug-ins, and yard services.
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Cai Mep terminal is quickly becoming the go-to choice for many renowned shipping lines across the globe due to its impressive selection of services and cutting-edge technology. Maritime professionals are increasingly turning to Cai Mep terminal for its reliable and efficient services. The terminal is making waves in the maritime industry as it continues to provide the highest quality of services for its customers.
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In the Cai Mep – Thi Vai region, the Tan Cang – Cai Mep International Terminal, operated by Saigon Newport Corporation, boasts a 40% market share and provides 10 international service routes every week. It offers connections to destinations in North America, Canada, Europe, and Inter Asia.
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In the 2021 report, Vietnam has several ports that have achieved impressive rankings. In particular, Cai Mep port has seen remarkable progress, ranking 11th according to the “statistical approach” index – an impressive increase of 38 places compared to 2020 – and 13th according to the “administrative approach” index – a notable 5 place jump from 2020.
