Vietnam - Insights into the port industry
This extract is reproduced with permission:
SNP [Saigon Newport Corporation] manages a system of the premises from the North to the South. They have many subsidiaries operating in different business segments, which include 2 deep-water terminals, 6 feeder terminals and 6 barge terminals. Furthermore, SNP handles logistics services with warehousing, overland transport and waterway transport. Presently, SNP Corporation has handled approximately 3.9 – 4.2 million TEUs of containers, which is about 80% of container import/export volume in South Vietnam and 46% nationwide.
“In 2013, Phu My Port served 480 vessels, 2,300 barges, 225,270 trucks and achieved a total throughput capacity of 4.8 million metric tonnes. In December 2004, Bunge Agribusiness Singapore, a business unit of Bunge, signed a ten-year agreement with Phu My Port operator Baria Serece Joint Venture Company to exclusively use the port facilities for the shipment of agricultural commodities to Vietnam.”
Credit: International Trading Institute@SMU