The Singapore-flagged APL Alexandrite, a vessel of nearly 60,000 DWT, berthed this week at the SP-PSA International Port as a prelude to the official opening of the joint venture port in the southern coast province of Ba Ria-Vung Tau.
Two container wharves measuring 600 meters have been built at Phu My 1 Industrial Park in Tan Thanh District in the first phase of the project at a cost of US$210 million, allowing the container terminal to handle vessels of up to 80,000 DWT.
The SP-PSA International Port, whose first phase is completed after one year and a half of construction, is a joint venture between the State-owned Vietnam National Shipping Lines (Vinalines), Saigon Port (SP) and the Port of Singapore Authority (PSA).
The port will help meet Vietnam’s rapidly growing container traffic demand to become a major sea transport hub for the Asia-Pacific region.
Given the first-phase completion, the SP-PSA International Port as a deep-water seaport will have a handling capacity of 1.1 million TEUs per year.
Cargo News Asia
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