Cai Mep port is named among most effective container seaports worldwide. Source: VOV

Cai Mep port of Vietnam was ranked 12th among the 348 most efficient container terminals/port clusters globally, according to the Container Port Performance Index 2022 report (CPPI 2022) which was recently published by the World Bank and S&P Global Market Intelligence, VOV reported Friday.

The port cluster was also named in the large seaport group with the container throughput exceeding four million TEU per year.

Most notably, it also retained its 13th position by the "administrative approach" index, according to a technical calculation, giving a higher portion to the popular vessel sizes in that port.

The CPPI report is developed annually in order to evaluate the worldwide seaport efficiency and is based on criteria related to the total time needed for completing the loading and unloading container of each voyage at a port for the entire year.

Covering an area of 48ha, Cai Mep international terminal is located at Lan Thanh district in Ba Ria–Vung Tau province and about 50km away from Ho Chi Minh City. The terminal features a wharf stretching for 600 metres and capable of receiving large container ships with a tonnage of 160,000 DWT.

Cai Mep terminal is fast becoming the first choice of many famous shipping lines around the world.

In Cai Mep – Thi Vai area, Tan Cang - Cai Mep International Terminal under Saigon Newport Corporation currently holds about 40% of the market share, with 10 international service routes weekly connecting with North America, Canada, Europe and Inter Asia.

In 2021 report, Vietnam has several ports ranked in this list, in which, Cai Mep port ranked 11th by the "statistical approach" index - increased by 38 places compared to 2020 and ranked 13th by the “administrative approach” index– increased 5 rankings against 2020.

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