Gemalink Port marks its first million TEUs throughput after one year of operation

Gemalink Port achieved its first one million TEUs

Gemalink has become a model port and the pride of locals as it launched into the top 19 commercial ports capable of receiving the world's largest ships, with up to more than 200,000DWT.

This is a memorable milestone, as for the first time in the history of Vietnam's port industry, a port achieved one million TEUs throughput – just after one year into operation.

The ceremony featured the presence of many partners and customers, many of whom are big shipping lines including CMA-CGM, Maersk Line, Cosco, and Evergreen, as well as import-export businesses, and executive representatives of Gemadept Corporation, Gemalink Port, and the port staff.

Undergoing last year with great challenges, Gemalink asserted its outstanding role by maintaining smooth cargo flow, relieving the congestion at Cai Mep-Thi Vai seaport complex, and safely bringing Vietnamese goods to the Americas, Europe, and Asia.

Gemalink Port

In order to meet the increasing demand for shipping lines on long routes to North America and Europe, Gemalink is rushing to prepare the final steps of its second phase, slated to be put into operation from the end of 2023.

“The first million TEUs mark a new milestone for Gemalink and also confirm the dynamics of the port of Cai Mep, making our ambition to reach 1.5 million TEUs in 2022 achievable,” said Benoit Klein, CEO of Gemalink Port. “Another ambition is the extension of the terminal which we plan to start this year, which will allow us to double the capacity to meet the ever-increasing demand of our customers and the market.”

Ba Ria-Vung Tau is a prominent economic and industrial centre with many deep-sea ports accommodating huge vessels, with a throughput of millions of containers every year and a growth rate reaching double digits in recent years.

Gemalink Port has a total investment value surpassing more than half a billion dollars, and a scale reaching 72ha. It is a joint venture between Gemadept Corporation and shipping company CMA-CGM.

According to Gemadept, Gemalink Port not only contributes 15 per cent of the port operation market share of the Cai Mep- Thi Vai port cluster but also doubles the output of the entire southern port system of the company

Leveraging its core fields of port operation and logistics, Gemadept aims to grow into Vietnam’s leading player with an integrated port and logistics ecosystem. The company currently possesses a strong network of eight ports spanning from the north to the south, including Nam Dinh Vu Port, Nam Hai Dinh Vu Port, ICD Nam Hai, Dung Quat Port, Phuoc Long Port, and more.