Vinalines to Build Two Container Terminals at Lach Huyen

Vietnam National Shipping Lines (Vinalines) is looking to build two container terminals at Lach Huyen Port in northern Hai Phong City.

Namely, the company has asked for government approval for the project, which would see Vinalines’ subsidiary Haiphong Port JSC build terminals No.3 and No.4 at the port.

The two proposed terminals would have a total length of 750 meters and the capacity to handle vessels of up to 100,000 dwt, or 8,000 TEU.

The project would cost around VND 7 trillion (USD 300 million), Vinalines informed.

Lach Huyen, set to become the only port in the north that can berth ships of up to 150,000 tons, is expected to have nine terminals with a combined length of 3,000 meters by 2020.

Vinalines and Hai Phong Port JSC, in which Vinalines owns a 65 per cent stake, also plan to develop a logistics center of around 250 hectare in the area to optimize the handling, storage, processing, and distribution of cereals.

The proposed investment is a part of Vinalines’ plan to handle around 30 percent of cargo at ports nationwide by 2020.