Saturday, December 10 2016

VietNamNews

Port operator eyes more cargo in 2016

Update: January, 07/2016 - 10:03
Port operator Sai Gon Newport Corporation hopes to handle 6.06 million TEUs (equivalent to 80.6 million tonnes) of cargo this year, 13 per cent higher than last year. — Photo saigonnewport.com.vn

HCM CITY (VNS) — Port operator Sai Gon Newport Corporation hopes to handle 6.06 million TEUs (equivalent to 80.6 million tonnes) of cargo this year, 13 per cent higher than last year.

Cat Lai, Phu Huu, and Hiep Phuoc ports are expected to handle 4.4 million TEUs or 86 per cent of all cargo passing through HCM City.

The corporation's revenues are expected to top VND15.83 trillion (US$703.5 million) this year, up from VND14.93 trillion ($664.05 million) last year.

Last year cargo volumes via Cat Lai and Hiep Phuoc ports rose by 9.8 per cent to 3.95 million TEUs. At Cai Mep- Thi Vai port complex, they grew 11.3 per cent to 1.08 million TEUs.

Last year pre-tax profit was VND1.82 trillion ($80.94 million). — VNS

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