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Wednesday, May 22, 2024

Cai Mep among world’s 30 largest ports

By Dang Duong

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HCMC – Cai Mep Port in Phu My Town, Ba Ria-Vung Tau Province, is now among the top 30 largest container ports in the world, according to consultancy firm Alphaliner.

Despite maintaining consistent throughput levels from previous years, Cai Mep Port achieved nearly 5.6 million TEUs (twenty-foot equivalent units) last year, surpassing ports like Savannah in the U.S. and Manila in the Philippines. This ascent propelled Cai Mep Port two positions higher, securing the 30th spot among the world’s largest container ports.

The top five largest ports remained relatively stable, with Shanghai (China), Singapore, and Ningbo-Zhoushan (China) retaining the top three spots. Qingdao and Shenzhen (both in China) exchanged positions at fourth and fifth place. Notably, six out of the top 10 largest ports globally are located in China, with Guangzhou and Tianjin ranking sixth and eighth, respectively.

With total throughput of nearly 8.4 million TEUs, Cat Lai Port in HCMC ascended one place from 21st to 20th in the ranking, maintaining its position as the largest container port in Vietnam. Within Southeast Asia, Cat Lai Port ranks fifth behind Singapore, Port Kelang, Tanjung Pelepas (all in Malaysia), and Laem Chabang (Thailand).

As such, Vietnam in 2023 had two container ports in the top 30 globally. Given the ongoing diversification of supply chains and production coupled with infrastructure investment in Vietnam’s seaports, such as the Can Gio Port project in HCMC, Cai Mep Ha and Cai Mep Trung Container Ports, and the Cai Mep Ha Logistics Center (all in Ba Ria-Vung Tau Province), Vietnam’s maritime ports are poised to sustain their positions among the world’s top 30 in the foreseeable future.

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