- The World Bank announced the CPPI index for 370 global container ports, Cai Mep international port was suddenly ranked 11th.
- This ranking is based on criteria related to the time it takes a container ship to complete loading and unloading containers at a port for the entire period throughout 2021.
Surpassing the world’s largest seaports
According to statistical results, Vietnam’s Cai Mep international port (CMIT) ranks 11th CPPI (according to the average statistical method of all 5 vessel sizes) and 13th (by administrative calculation method, for higher weighting for common vessel sizes in that port).
Cai Mep Port’s high rating is remarkable, as it beats out all three main hub ports in the region, including PTP Malaysia (16th), Singapore (31st), and Hong Kong (38th). Even Yokohama, Japan’s port, which has the world’s biggest handling capacity, is ranked 12th.
This ranking is based on criteria related to the time it takes for ships to finish loading and unloading containers at the port for the whole year of 2021. Out of 370 ports, the leading ports are King Abdullah Port (Saudi Arabia) and Port of Salalah (Oman).
Especially, CPPI index is the remarkable progress of East Asian and Southeast Asian ports due to the sudden increase in export volume during the epidemic.
The CPPI index is calculated on factors related to the time of ships entering the channel, docking at the port, the productivity of loading and unloading goods in and out of the port, and the total volume of goods/trip and the ship leaving the port to the channel. In addition, two factors are large ships that can be more fuel-efficient and information technology are also criteria to take into account.
Opportunities to Cai Mep – Thi Vai
With a growth rate of about 20%/year, Cai Mep International Port (CMIT) is a deep-water container port with an area of 48 hectares, located in Cai Mep area, Tan Thanh district, Ba Ria – Vung Tau province. CMIT has 2 container berths and a wharf of 600 meters long, capable of receiving large container ships with a tonnage of 200,000 DWT.
In the first 4 months of 2022 alone, container cargo through CMIT reached more than 3 million TEUs, an increase of about 8% compared to the same period in 2021 (more than 2.89 million TEUs).
cWith a system of modern port operation and exploitation facilities, CMIT can provide high-quality services to shipping lines and customers in the fastest time, through direct international shipping routes from Vietnam to major markets.
Trần Văn Hiếu
Proposing to implement the open port; mechanism for Cai Mep Thi Vai port cluster