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MSC eyes Vietnamese megaport project

05/02/2023 09:12

Mediterranean Shipping Co (MSC) is involved in plans to develop Vietnam’s largest box port complex. Terminal Investment Limited (TIL), MSC’s port subsidiary, has tied up with Vietnam National Shipping Lines and Saigon Port, to press ahead with a massive transhipment hub in Can Gio, to the south of Ho Chi Minh City.

The port proposal has been sent to Pham Minh Chinh, Vietnam’s prime minister, with local media suggesting the concept has been greeted favourably.

Featuring 7.2 km of quayside, the port would be able to handle the largest boxships afloat and when fully complete would have an annual throughput in excess of 10m teu, providing some much needed extra capacity to the Southeast Asian nation, where exports are growing fast and many terminals are already operating at full capacity.

If given the green light, TIL and its partners plan to start building the port in 2024 with the first phase to be completed four years later.

Can Gio port is based at the mouth of the Thi Vai – Cai Mep River in between Dong Nai and Ba Ria – Vung Tau provinces.


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