Hai Phong ports to be upgraded to accommodate larger vessels

To optimize port operations, numerous seaport enterprises in Hai Phong city have proactively invested tens of billions of Vietnamese dong in dredging and deepening navigation channels, ensuring safe depths for large vessels to berths and load cargos.

According to Hai Phong Port Joint Stock Company, during the first three quarters of 2024, cargo volume handled at the port reached over 30 million tons, a 5.8% increase compared to the same period in 2023, accounting for nearly 40% of the total cargo volume handled at seaports in the region.

The company is diligently constructing wharves 3 and 4 at Lach Huyen, with the wharf structure essentially completed. Equipment suppliers in Japan will install cranes and gantry cranes at the wharves in November, aiming for project completion and operational launch in the first quarter of 2025.

The company has also submitted a proposal to the Ministry of Transport to dredge and upgrade the Hai Phong navigation channel, from the upper reaches of Nam Dinh Vu port to Dinh Vu port, spanning over 5.8 km.

At the Vietnam Container Corporation (Viconship) Joint Stock Company, cargo throughput is also experiencing growth. DSC Securities estimates that Viconship will achieve revenue of VND2.458 trillion ($96.9 million) in 2024, a 29% increase compared to 2023.

Recently, Tan Cang - Hai Phong International Container Terminal (TC - HICT) received approval for the berthing of vessels with a maximum draft of 145,000 DWT, thereby boosting the volume of vessels entering and leaving the port.

To date, 25 major shipping lines worldwide have deployed vessels at TC - HICT, alongside nearly 10,000 import and export customers utilizing its services.

Nam Dinh Vu Joint Stock Company has allocated over VND68 billion ($2.68 million) to upgrade the Hai Phong navigation channel, extending over 10.5 km. After the upgrade, the channel will achieve a depth of -8.5 m, enabling Nam Dinh Vu port to handle vessels with a maximum draft of 48,000 DWT and a seagoing draft of -8.5 m.

In October, the Ministry of Transport approved a proposal from Vietnam Container Corporation (Viconship) to dredge and upgrade a 3.7 km section of the Hai Phong channel, reaching a depth of -8.5 m.