Mitsui E&S receives order of 21 container cranes in Vietnam

By Minh Anh
Mon, August 5, 2024 | 2:35 pm GMT+7

Tokyo-based Mitsui E&S Co. has received an order from Petrovietnam Phuoc An Port Investment & Operation JSC (PAP), an upcoming port's operator funded by the Vietnamese government, for 21 container cranes.

The package includes five units of Ship to Shore Gantry Cranes Mitsui-Paceco Portainer and 16 environmentally-friendly Electric Rubber Tyred Gantry Cranes (Mitsui-Paceco Transtainer), the firm said in a statement.

Phuoc An port is being developed by PAP as the first container terminal in Nhon Trach district, Dong Nai province which is a manufacturing hub in southern Vietnam.

The port spans a total area of 183 hectares, with six container berths and four general cargo berths. It is designed to handle vessels of up to 60,000 DWT and has a capacity of 2.5 million TEUs/year and 6.5 million tons/year for general cargo.

Cranes produced by Mitsui E&S Co. Photo courtesy of the company.

Cranes produced by Mitsui E&S Co. Photo courtesy of the company.

Located between Ho Chi Minh City – the country’s largest economic hub and the new Long Thanh International Airport, scheduled to open in 2025, the port is expected to become one of the largest logistics hubs in Vietnam.

Together with four units of Mitsui-Paceco Portainer and nine units of Mitsui-Paceco Transtainer scheduled for handover in September 2024, its delivery record for Phuoc An port now reached nine units of Mitsui-Paceco Portainer and 25 units of Mitsui-Paceco Transtainer.

Mitsui E&S Co. has delivered 26 units of Mitsui-Paceco Portainer and 132 units of Mitsui-Paceco Transtainer in the last 10 years, the largest share of Vietnamese market.

In October last year, the Japanese firm received an order from Port of Hai Phong JSC for six Ship-to-Shore Gantry Cranes and 24 Rubber-Tyred Gantry (RTG) Cranes. The port operator is constructing the container terminal in Lach Huyen area in the northern port city of Hai Phong.

Comments (0)
  • Read More
Proactively managing risk in volatile times

Proactively managing risk in volatile times

For business leaders, the question is not whether the next disruption will come, but whether your organizations will identify and adjust the risks that it brings, writes Douglas Matheson, chief risk and compliance officer at HSBC Vietnam.

Consulting - Thu, June 19, 2025 | 7:47 am GMT+7

Savills expert points out three drivers of FDI attraction in Vietnamese real estate

Savills expert points out three drivers of FDI attraction in Vietnamese real estate

Vietnam’s real estate market is on the cusp of a boom in H2, fueled by sweeping legal reforms, proactive economic diplomacy, and a pivot toward emerging segments and flexible partnership models, said head of investment consulting at Savills Hanoi Nguyen Le Dung.

Companies - Wed, June 18, 2025 | 10:48 pm GMT+7

Petrovietnam, Petrolimex, Vingroup named Vietnam's biggest firms in Fortune ranking

Petrovietnam, Petrolimex, Vingroup named Vietnam's biggest firms in Fortune ranking

Petrovietnam, Petrolimex, Vingroup, BIDV bank, and Agribank are among the 50 biggest companies in Southeast Asia, according to the Fortune Southeast Asia 500 Ranking 2025.

Economy - Wed, June 18, 2025 | 9:47 pm GMT+7

Korea Land and Housing Corporation eyes urban area project in northern Vietnam

Korea Land and Housing Corporation eyes urban area project in northern Vietnam

Bac Ninh province's authorities on Wednesday met with Korea Land and Housing Corporation (LH) to discuss an urban area project in the southeastern part of Bac Ninh town, capital of the northern province.

Companies - Wed, June 18, 2025 | 8:58 pm GMT+7

Germany's GEO Group to develop $50 mln renewable energy workforce training center in Vietnam

Germany's GEO Group to develop $50 mln renewable energy workforce training center in Vietnam

Germany's GEO Group has announced a $50 million investment to establish a renewable energy workforce training and development center in the south-central province of Binh Dinh.

Companies - Wed, June 18, 2025 | 8:39 pm GMT+7

H&M, Nordic businesses seek suppliers in Vietnam

H&M, Nordic businesses seek suppliers in Vietnam

Swedish multinational fast fashion retailer H&M and other Nordic businesses will send a delegation to the Vietnam International Sourcing 2025, slated for early September in Ho Chi Minh City, to seek business partnerships.

Companies - Wed, June 18, 2025 | 8:20 pm GMT+7

MSB receives The Asian Banker award for core banking technology

MSB receives The Asian Banker award for core banking technology

Vietnam Maritime Commercial Joint Stock Bank (MSB) has received the Best Core Banking Technology Initiative in Asia-Pacific award for mid-sized banks from The Asian Banker magazine.

Companies - Wed, June 18, 2025 | 8:02 pm GMT+7

VEIL boosts real estate holdings to 22% on Vietnam market confidence

VEIL boosts real estate holdings to 22% on Vietnam market confidence

Vietnam Enterprise Investments Limited (VEIL), the largest foreign-managed equity fund in Vietnam, has raised its allocation to real estate stocks to 22% of its portfolio, equivalent to $368 million, as of May, according to a recent disclosure.

Real Estate - Wed, June 18, 2025 | 3:56 pm GMT+7

Iran-Israel conflict to drive up fertilizer prices: Petrovietnam Ca Mau Fertilizer exec

Iran-Israel conflict to drive up fertilizer prices: Petrovietnam Ca Mau Fertilizer exec

The CEO of Petrovietnam Ca Mau Fertilizer JSC (PVCFC) has revealed that the orders the company received have surpassed its production capacity, signaling continued positive performance in the second half of the year and confidence in meeting the full-year targets.

Companies - Wed, June 18, 2025 | 3:05 pm GMT+7

Draft parliament resolution: A breakthrough for Vietnam's international financial center ambition

Draft parliament resolution: A breakthrough for Vietnam's international financial center ambition

Tran Thuy Ngoc, deputy general director, financial services industry leader at Deloitte Vietnam, provides an insight into the draft resolution on Vietnam’s International Financial Center (IFC) which is scheduled to be endorsed by the legislature on June 27.

Consulting - Wed, June 18, 2025 | 12:37 pm GMT+7

Vietnam budget carrier Vietjet places new order for 100 A321neo aircraft

Vietnam budget carrier Vietjet places new order for 100 A321neo aircraft

Vietjet and aircraft manufacturer Airbus on Tuesday announced a major new order for 100 A321neo aircraft, with the potential to add another 50 in the future.

Companies - Wed, June 18, 2025 | 11:47 am GMT+7

FDI yet to create high added value in Vietnam: legislator

FDI yet to create high added value in Vietnam: legislator

Foreign direct investment (FDI) has not yet created high added value, primarily focusing on assembly and processing, said Nguyen Ngoc Son, a lawmaker from the northern province of Hai Duong.

Economy - Wed, June 18, 2025 | 9:19 am GMT+7

Trungnam Group subsidiary okayed as investor of $148 mln industrial park project in central Vietnam

Trungnam Group subsidiary okayed as investor of $148 mln industrial park project in central Vietnam

A subsidiary of Vietnamese private conglomerate Trungnam Group has been approved as the investor of the 378-hectare Ca Na Industrial Park-Phase I project in the south-central province of Ninh Thuan.

Industrial real estate - Wed, June 18, 2025 | 8:00 am GMT+7

Deputy PM requests strong reforms of state-owned enterprises

Deputy PM requests strong reforms of state-owned enterprises

Deputy Prime Minister Nguyen Chi Dung has asked for bold and strategic reforms to unlock the full potential of state-owned enterprises (SOEs), requesting a clear shift in mindset and approach to governance, investment and development.

Companies - Tue, June 17, 2025 | 11:44 pm GMT+7

Petrovietnam subsidiary PTSC hands over 33 offshore wind power foundations to Danish giant Orsted

Petrovietnam subsidiary PTSC hands over 33 offshore wind power foundations to Danish giant Orsted

The recent handover of 33 foundations manufactured by Petrovietnam Technical Services Corporation (PTSC) to an offshore wind power project of Orsted has been recognized as an outstanding work of state-owned Petrovietnam.

Companies - Tue, June 17, 2025 | 11:35 pm GMT+7

Energy Asia 2025 kicks off in Malaysia

Energy Asia 2025 kicks off in Malaysia

Energy Asia 2025 - a premier thought leadership and business advocacy forum, championing Asia’s pivotal role in the global energy transition - kicked off in Kuala Lumpur, Malaysia, on Monday.

Southeast Asia - Tue, June 17, 2025 | 11:29 pm GMT+7