Thursday, September 19, 2024 8:04:33 AM - Markets open
VN-INDEX 1,264.90 +5.95/+0.47%
HNX-INDEX 232.95 +0.66/+0.28%
UPCOM-INDEX 93.47 +0.35/+0.38%
Chu Lai Port starts new shipping routes to India, China
vietnamnews - 8/31/2024 10:07:58 AM
 (0 ratings. You must sign in to rate.)
Chu Lai Port has started new shipping routes directly connecting to major ports in India, China and other countries in Asia.
 
 
MTT SAISUNEE operated by RCL made its maiden call on Chu Lai Port on August 28. — Photo courtesy of THACO
 
Chu Lai Port has started new shipping routes directly connecting to major ports in India, China and other countries in Asia.
 
Its expansion and diversification of international routes have solidified Chu Lai Port's role as a connection hub for import and export in the central and Central Highlands regions.
 
MTT SAISUNEE (sailing under the Malaysian flag) operated by RCL made her maiden call at Chu Lai Port on August 28, marking the start of a direct shipping route to India.
 
It took automotive parts, mechanical components, fruits, household goods, furniture, and textiles exported by businesses in the Tam Thăng Industrial Park, THACO Chu Lai (Quảng Nam), and the VSIP Industrial Park (Quang Ngai) to India.
 
RCL, founded in 1979 in Thailand, is one of Asia's leading shipping lines.
 
It currently owns and operates 49 container ships to 69 destinations in India and other countries across Asia and the Middle East.
 
RCL's fleet has a total capacity of nearly 79,000 TEUs and meets all international safety and environmental protection standards.
 
Initially Chu Lai Port is partnering with RCL to ply on the Xiamen (China) - Chu Lai - Port Klang (Malaysia) - Chennai - Kolkata - Kattupalli (India) route with a frequency of three trips per month.
 
 
MTT SAISUNEE transports import and export goods for enterprises in the central region. — Photo courtesy of THACO
 
This collaboration provides customers with various transport options at optimal costs while boosting the import-export markets in the central and Central Highlands regions.
 
Diversifying shipping routes and enhancing service capacity
 
As a major import-export gateway in the central region and a hub for transit goods from the Central Highlands in Vietnam, Laos, and Cambodia, Chu Lai Port is intensifying cooperation with international shipping lines (such as SITC, CMA CGM, ZIM, RCL...) to develop intra-Asian routes directly connecting with China, South Korea and Japan and trans-Pacific routes to markets in America and Europe.
 
With the opening of direct shipping routes to major ports in India such as Chennai, Kolkata, Kattupalli, Nhava Sheva, and Mundra, Chu Lai Port provides optimal transport solutions to meet the import-export needs of enterprises in the region, facilitating the entry of Vietnamese goods into the South Asian market through India.
 
Henceforth, businesses in the central region can export and import goods to and from India via Chu Lai port instead of transshipping to ports in the north and south of the country, substantially reducing time and costs.
 
Phan Văn Kỳ, Director of Chu Lai Port, said: "We are focusing on comprehensively investing in and upgrading infrastructure, and embracing the use of information technology in port operations to enhance service quality.
 
“This will increase connectivity with global shipping corporations and international shipping lines while attracting more import-export cargo through the port."
 
 
 
Chu Lai Port exhances exploitation of direct shipping route to India. — Photo courtesy of THACO
 
Thanks to the addition of a range of new shipping routes and the continuous expansion of the customer network, the cargo volume through Chu Lai Port in 2024 is expected to increase by over 40 per cent compared to 2023.
 
Going forward, Chu Lai Port will continue to promote partnerships with international shipping lines to increase the operating frequency of vessels while completing and commissioning a 50,000-tonne wharf to accommodate large ships to meet a growing demand.
 
It will also expand the capacity of its berths, warehouses and transport vehicles, and focus on exploiting goods with strong export growth potential such as agricultural and forestry items and minerals in the Central Highlands, Laos and Cambodia.
 
Alongside solutions to improve its service quality, Chu Lai Port is also streamlining processes and procedures, optimising systems to gradually realise its goal of becoming an international transshipment hub. — VNS
 
Read original article here
 
Newer News
18/09 Ministry outlines two economic growth scenarios for 2025
18/09 Vietnam needs to consider energy storage to ensure energy security
17/09 Streamlined investment procedures proposed for high-tech projects
17/09 Vietam develops border gates into key economic zones
17/09 Vietnam's seafood exports continue recovery
16/09 M&A market signals rising activity
16/09 Eco-industrial parks vital to achieving net zero emission target by 2050
16/09 Vietnam likely earn $5b from rice exports this year
14/09 India imposes anti-subsidy duties on steel imports from Vietnam
14/09 'C = SET + 1' Strategy can realise Việt Nam's semiconductor ambitions
Older News
31/08 Investment from Taiwan (China) is fuelling Việt Nam’s high-tech industry
30/08 Regulations on livestream sales urged to prevent tax losses
30/08 Coffee exports need higher added value for sustainable development: experts
30/08 Better cybersecurity needed to protect data
30/08 Ethical rules, community standards need for healthy digital asset market
30/08 Dong Nai’s foreign investment surges 34%
29/08 Exports to Hungary grow by over 60%
29/08 Vietnamese honey makers turn to domestic market
29/08 Vietnam, RoK promote measures boost trade
29/08 PM requests solutions to promote building material industry
 
Newsletter Signup
Top Stories
VCCI recommends mineral mining rights be granted through auction and bidding
Central bank works to raise interbank rates and ease forex market
Inflation a concern following salary increases
National Council for Sustainable Development established
Việt Nam, Cambodia look forward to $20 billion trade
Market Update
Last updated at 3:05:01 PM
VN-INDEX 1,264.90 +5.95/+0.47%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.