Tan Cang – Cai Mep International Terminal Co., Ltd (TCIT)

What Tan Cang – Cai Mep International Terminal Co., Ltd (TCIT) does

Tan Cang – Cai Mep International Terminal Co., Ltd (TCIT) operates Vietnam's largest deep-water container terminal, located in the Cai Mep – Thi Vai area of Ba Ria – Vung Tau Province. Established on 4 September 2009 as a joint venture between Saigon Newport Corporation (SNP) — Vietnam's largest port operator and majority stakeholder — and three international shipping partners (Mitsui O.S.K. Lines of Japan, Hanjin Logistics of Korea, now HMM, and Wanhai Lines of Taiwan), TCIT commenced commercial operations on 15 January 2011 with the first vessel MOL PRECISION. The terminal is built around a unified 890-meter quay with 10 STS cranes and 22 eRTG cranes, and is approved to receive ultra-large container vessels up to 173,724 DWT following a September 2025 maritime safety clearance from the Vietnam Maritime and Waterways Administration.

TCIT's service portfolio centers on container transshipment and cargo handling, complemented by cold-container operations, container inspection/repair/cleaning, ship supply, and vessel cleaning. A digital layer — the ePort online portal for 24/7 container registration, tracking, and tax-authority-accepted electronic invoicing, eBooking, eDO, and TOPX/TOPOVN operating systems — underpins yard operations, alongside a customer-facing VR360 virtual terminal tour. The terminal operates 12 weekly international sailings connecting Vietnam with Asia, Europe, North America, and South America through partnerships with Premier Alliance, THE Alliance, 2M and carriers including MSC, Maersk, CMA CGM, ONE, OOCL, HMM, ZIM, Evergreen, Hapag-Lloyd, COSCO, Yang Ming, MOL and Wanhai. Domestic barge and truck connectivity extends the network to inland container depots across Ho Chi Minh City, Dong Nai, Hai Phong, Da Nang and Gia Lai.

Revenue is generated transactionally through published per-TEU terminal handling tariffs charged to shipping lines and cargo owners, with rates set under TCIT's 2026 internal tariff (effective 1 February 2026) and adjusted for container type, size, and service conditions (e.g., a supporting policy for laden reefer containers received by truck from July 2021). The go-to-market is enterprise B2B, with direct contracting with carriers and alliances rather than intermediary channels. TCIT functions as a member unit of Saigon Newport Corporation under Vietnam's Navy Command. Annual throughput reached a record 2,248,119 TEU in 2025, with cumulative throughput of 20 million TEU since 2011.

Name

Tan Cang – Cai Mep International Terminal Co., Ltd (TCIT)

Legal name

Công ty TNHH Cảng Quốc tế Tân Cảng - Cái Mép (Tan Cang – Cai Mep International Terminal Co., Ltd)

Website

https://tcit.com.vn

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

Tan Cang – Cai Mep International Terminal (TCIT) operates Vietnam's largest deep-water container terminal in Ba Ria – Vung Tau, handling ultra-large container vessels up to 173,724 DWT for global shipping lines and alliances under a JV between Saigon Newport Corporation, MOL, HMM, and Wanhai Lines.

Ownership category

akta.pro rank

Product category

Container Terminal Services

NAICS

Port and Harbor Operations (488310), Marine Cargo Handling (488320)

SIC

Water Transportation (4400)

akta.pro primary industry

Deep-Sea Container Terminals (Mainline / Transshipment Hubs) (TLAHAAAA)

akta.pro secondary industry

Container Terminal Operating Services & Management (Terminal Operator / Concessionaire) (TLAHAAAI)

Keywords

• Deep-water container terminal
• Container transshipment services
• Port terminal operations
• Container handling services
• Cargo logistics services

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Supply Chain

Revenue model

1. Container Terminal Services: TCIT generates revenue through port terminal service fees charged to shipping lines and cargo owners. Services include container handling, crane operations, storage, and logistics coordination. Revenue is transactional based on volume (TEUs processed), vessel calls, and container types handled.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

TCIT operates a deep-water container terminal in the Cai Mep – Thi Vai area of Ba Ria – Vung Tau Province, Vietnam. The terminal provides container transshipment, cargo handling, stevedoring, cold container (reefer) operations, container inspection, repair and cleaning, ship supply, and vessel cleaning services. Operations are supported by a fleet of 10 STS cranes and 22 eRTG cranes and an ePort digital platform for online container registration, tracking, documentation, and electronic invoicing.

Product overview

Tan Cang – Cai Mep International Terminal Co., Ltd (TCIT) operates as a deep-water container terminal offering a unified port operations service portfolio centered on container transshipment and handling. The terminal's core physical service encompasses container transshipment, cargo handling, cold container operations, container inspection, repair, and cleaning, ship supply, and vessel cleaning. These physical services are supported by a digital platform layer comprising Eport (for online container registration, tracking, and electronic invoicing) and VR360 (for virtual terminal tours). TCIT's service network is split into an international service network (connecting Vietnam to Asia, Europe, North America, South America, and the Middle East via scheduled sailings) and a domestic service network (connecting via barges and trucks to inland container depots across Vietnam). Together, the physical terminal operations and digital tools form an integrated logistics ecosystem for import-export customers.

Differentiator

Problem solved

Functional benefit

Brands

• ePort: Electronic portal for container procedures, online payment, and shipment tracking.

Products and services

• Terminal Services (Port Operations) Core deep-water container terminal services for shipping lines and cargo owners, including container transshipment, cargo handling and stevedoring, cold container (reefer) operations, container inspection, repair and cleaning, ship supply, and vessel cleaning. Capable of handling ultra-large container vessels up to 173,724 DWT.
• International Service Network International shipping service network connecting Vietnam to major markets across Asia, Europe, North America, South America, and the Middle East, offering over 12 international sailings per week through partner shipping lines and alliances.
• Domestic Service Network Domestic connectivity network via barges and trucks linking TCIT to inland container depots (ICDs) and destinations across Vietnam, including Ho Chi Minh City, Dong Nai, Hai Phong, Da Nang, and Gia Lai.
• Eport Digital Platform Online digital portal for container delivery registration, container tracking, vessel schedule information, electronic invoice issuance accepted by tax authorities, and online payment, enabling customers to complete procedures online 24/7.

Quantifiable outcome

• Record 2,248,119 TEU throughput in 2025
• +2 more outcomes

Named customers15 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered core, major and support.

• Saigon Newport Corporation (SNP)coreStrategic or Co-development Partner · 4 September 2009TCIT is a joint venture with SNP (Tổng Công ty Tân Cảng Sài Gòn), Vietnam's largest port operator. SNP serves as the anchor partner and majority stakeholder. TCIT is a member unit of Saigon Newport Corporation under Navy Command.
• Mitsui O.S.K. Lines (MOL)coreStrategic or Co-development Partner · 4 September 2009Japanese shipping line and founding JV partner of TCIT. MOL was one of the original four partners when TCIT was established in 2009. The company operates container shipping services globally.
• Hanjin Logistics (now HMM)coreStrategic or Co-development Partner · 4 September 2009Korean logistics company (originally Hanjin Shipping) and founding JV partner of TCIT. Now represented by HMM (Hyundai Merchant Marine) following Hanjin's restructuring.
• Wanhai LinescoreStrategic or Co-development Partner · 4 September 2009Taiwanese shipping line and founding JV partner of TCIT. Wanhai Lines operates regional and global container shipping services.
• Premier AlliancemajorOthersShipping alliance comprising ONE, HMM, and Yang Ming. Premier Alliance deploys multiple services (MS2, FE1, VSE) through TCIT, connecting Vietnam with US, Europe, and Asia markets.
• Ocean Network Express (ONE)majorChannel Partner/ Reseller/ DistributorJapanese global container shipping company. ONE operates multiple services through TCIT including MS2 (to US West Coast), CTP (Intra-Asia), and SX2/FL2 (to South America). One of TCIT's most active shipping line partners.
• MSC (Mediterranean Shipping Company)majorChannel Partner/ Reseller/ DistributorWorld's largest shipping line. MSC operates PEARL service (independently) and ZSL/PELICAN service (with ZIM) through TCIT, marking significant expansion of MSC's presence at the terminal.
• OOCL (Orient Overseas Container Line)majorChannel Partner/ Reseller/ DistributorHong Kong-based global container shipping line. OOCL launched KTX2 service at TCIT in April 2025, connecting Vietnam with Thailand, Japan, and China markets.
• HMM (Hyundai Merchant Marine)majorChannel Partner/ Reseller/ DistributorKorean shipping line operating SX2/FL2 service (with ONE) connecting Vietnam directly to South America for the first time. Joint partner in TCIT's founding JV.
• Cai Mep Border Gate CustomssupportOthersGovernment customs authority at Cai Mep port. TCIT collaborates with customs for business dialogue conferences and administrative coordination to facilitate trade.

Scale indicators7 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Hutchison Ports: Global deep-water container terminal operator with assets in Vietnam (e.g., HICT in Haiphong area). Comparable in ULCV handling capability, terminal operating expertise, and shipping alliance customer base.
• International Container Terminal Services Inc. (ICTSI): Filipino-listed global container terminal operator with deep-water assets across emerging markets. Comparable as a private-market-style terminal operator targeting ULCV services and shipping alliance customers.
• APM Terminals: Maersk's terminal operating arm and JV partner in CMIT (Cai Mep). Comparable in deep-water container terminal operations, digital platforms, and global carrier customer base; competes in the same Cai Mep cluster.
• China Merchants Port Holdings: Major Chinese state-linked container terminal operator with deep-water ports in South Asia and Africa. Comparable in scale of ULCV handling and shipping-line customer base, though capital structure and ownership are very different.
• PSA International: Operator of Singapore's container port — the dominant regional transshipment hub. Comparable as a global deep-water terminal operator competing with TCIT for mainline vessel calls, but with vastly larger scale and network.
• DP World: Global container terminal operator with deep-water assets across Asia, Africa, and the Americas. Comparable in operating model (B2B terminal services to global carriers/alliances) and ULCV handling capability.
• Saigon Newport Corporation (SNP) - Cat Lai Terminal: Parent company of TCIT and operator of Cat Lai, Vietnam's #1 container terminal. Directly comparable as a Vietnamese container terminal operator with overlapping carrier relationships and shared ownership/group economics.

Direct peers

• Cai Mep International Terminal (CMIT): Adjacent deep-water container terminal in the Cai Mep - Thi Vai cluster, operated as a JV with APM Terminals and Vietnam's Vinalines. Most direct peer — same geography, same ULCV class, competing for the same shipping line calls.
• Tan Cang Cat Lai Terminal (TCTT): Sister terminal under Saigon Newport Corporation; shares berths with TCIT since 2016 (united 3 berths, 890m). Comparable container handling operator under same parent, focused on intra-Asia and gateway cargo.

Emerging players

• Lach Huyen International Container Terminal (HICT): Deep-water container terminal at Haiphong in northern Vietnam, operated with Hutchison Ports. Comparable as a Vietnamese deep-water ULCV terminal, but focused on northern hinterland; emerging competitor to TCIT for north-south Vietnam cargo distribution.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC9k2PciYrmdvQ6jbAXyXFGA
• Facebookfacebook.com/tcit.snp.caimep
• LinkedInlinkedin.com/company/tancang-caimep-international-terminal-tcit

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tan Cang – Cai Mep International Terminal Co., Ltd (TCIT)