Technical Report No. 8 PORT AND SHIPPING
Technical Report No. 8 PORT AND SHIPPING
Technical Report No. 8 PORT AND SHIPPING
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I-5-8<br />
Vietnam National Transport Strategy Study (VITRANSS)<br />
<strong>Technical</strong> <strong>Report</strong> <strong>No</strong>. 8<br />
Shipping and Ports<br />
plan with two phases, i.e., up to 2000 and 2001-2010. Some significant events<br />
occurred in the late 1990s supporting the fleet development plan as follows:<br />
• Domestic coastal shipping traffic doubled during the period 1995-1998 and is<br />
being served by larger vessels that were used in overseas shipping.<br />
• Container liner operation commenced in 1998.<br />
• Nghi Son Cement constructed its private port.<br />
The VITRANSS thus used the fleet development plan for 2001-2010 prepared by<br />
the JICA study and modified and extended it toward year 2020.<br />
Table 5.3.1<br />
Fleet Development Plan for Overseas Shipping<br />
Year Type Size Number<br />
2000-2010<br />
2011-2020<br />
Container ship<br />
Crude oil tanker<br />
Oil product tanker<br />
Bulker GC vessel<br />
Container ship<br />
Crude oil tanker<br />
Oil product tanker<br />
Bulker GC vessel<br />
* Proposed Strategies *<br />
• Expansion and modernization of Vietnamese flag fleet to meet traffic<br />
demand under a competitive business environment.<br />
• Formulation of varied arrangements to manage the acquisition plan (e.g.,<br />
hiring bare boat for charter services, leasing secondhand vessels, etc.) in<br />
light of limited financial resources.<br />
• Strengthening of the Vietnam Ship owners Association (VSA) to further<br />
boost the interest of ship owners in bargaining with government their fleet<br />
expansion plans.<br />
800-1,200 TEU<br />
90,000 DWT<br />
25,000-30,000 DWT<br />
24,000-35,000 DWT<br />
18<br />
3<br />
8<br />
18<br />
Unit Price<br />
(US $mil.)<br />
17.0<br />
40.0<br />
25.0<br />
17.0<br />
Capital<br />
Requirement<br />
306<br />
120<br />
200<br />
306<br />
Subtotal 47 932<br />
1,200-1,500 TEU<br />
90,000 DWT<br />
25,000-30,000 DWT<br />
24,000-80,000 DWT<br />
10<br />
5<br />
10<br />
20<br />
26.0<br />
40.0<br />
27.5<br />
26.0<br />
260<br />
200<br />
275<br />
520<br />
Subtotal 45 1,255<br />
2001-2020 TOTAL 92 2,187