Saigon Newport Corporation: Global reach, global connection
14/03/2024
Established on March 15th 1989, grown from an old terminal on the Saigon River with 4 berths, 1.2 kilometer - long quayside and battered warehouses, after 35 years of constant renovation, Saigon Newport Corporation (SNP) is affirming its leading spot in port operations in Vietnam and the Southeast Asia region. With 3 core businesses of port operations, logistics services and shipping and sea services, SNP confirms its role of a leader its industry. Its robust development helps to elevate national position of Vietnam and promote trade between Vietnam and the world and SNP is deserving the Title of the Labour Hero the second time.
Solidifying its market leadership
As of March 2024, SNP operates 28 port facilities and logistics infrastructure nationwide, asserting its leading position in the maritime industry. Notably, its terminal network, including deep-water ones such as Lach Huyen Port in Hai Phong City and Cai Mep - Thi Vai Port in Ba Ria-Vung Tau Province, stands as reliable destinations for numerous major shipping lines. The corporation reports handling over 8,000 voyages annually from more than 60 global shipping lines, handling a throughput volume of 9.7 million TEUs. This contributes to a nearly 56% market share of container import and export nationwide. Total volume of SNP’s terminal network is equivalent to the volume of the 17th largest port among TOP 20 largest container ports in the world.