- Annual 1,150,000 TEU Scale; Handling 50% of Distribution in the Southern Focused Economic Region
- Area 480,000 ㎡, with 600-length piers
- Application of Design-Build Method for Simultaneous Work on both Design and Construction
POSCO E&C (President Dong-hwa Cheong) announced on the 23rd that it had successfully completed work on the construction of Cai Mep International Terminal, begun in April 2008. POSCO Construction was ordered the $112 million dollar contract for its construction.
With POSCO E&C’s use of the Design Build construction method on this international project, the first time it has done so, the simultaneously realization of the planning and construction stages was enabled, winning plaudits, especially from the client, CMIT.
Cai Mep International Terminal is capable of handling 115,000 *TEU annually, with its 480,000㎡ scale and *piers that stretch some 600m. The port is located approximately 125km south of Ho Chi Min city, in Ba Ria-Vung Tau.
Meanwhile, POSCO E&C’s role in this project was in the form of a joint venture with Sam Hwan, with its operation delegated to the world’s number 1 shipping line, APM-Maersk.
* TEU(Twenty-foot equivalent unit): The standard unit used for assessing container ship or container terminal size. 1 TEU means a container of length 20 feet, width 8 feet, height 8.5 feet, and volume 39㎥.
* Pier: A structure that allows freight, passengers and crew need to disembark or be unloaded when a vessel docks. For this, there needs to be an appropriate depth to the water, with 4.5m or deeper being the standard requiring for docking large-sized vessels.