TCIT surpassed their initial 14,235 TEUs handling record per mother vessel within less than a week, now setting it at 15,615 TEUs on 19 June 2021. This newest achievement is also the highest volume per vessel ever handling in Vietnam, attributing to the prominence of its position within Vietnam’s seaport industry and in TCIT with Cai Mep – Thi Vai deep-water port area.

Vietnam has maintained stable economic growth, owing to its import and export activities achieving positive development despite the impact of the global pandemic. In the first five months of 2021, VPA declares the total throughput volume passing Cai Mep – Thi Vai area accomplished 2.3 million TEUs, which reflected a 47% increase compared to the same period last year. This figure further revealed a 1.3 million TEUs increase of US import and export volume, equating to a 35% increase over the same period, continuously maintaining the title of the top fastest-growing seaport of the world with an average growth rate of 22% annually.

RBS would like to congratulate TCIT on this remarkable achievement and extend our gratitude for entrusting our TOS to power its terminal operations. We cannot wait to witness your next milestone as you maintain your role in the national economy as an international trade port in Southern Vietnam critical economic region. 

The airline industry has confronted a plethora of challenges since the onset of the global pandemic, even declaring airline bankruptcies. In a new world living abreast the virus combined with travel restrictions, industries must adapt and adjust to new conditions if they intend to stay afloat. With that in mind, airplanes are now converting passenger seats into space to carry cargo across seas as a response to the increase of air cargo demand.

The sudden upsurge for urgent cargo deliveries, particularly for Personal Protective Equipment (PPE) has salvaged the dwindling airline industry. However, this brings attention to the question – will air freight surpass sea freight?

Although supply chain channels are shifting to accommodate the new norms for logistics, shipping freight will remain as the predominant cargo transport source. Naturally, sea freight takes longer to move goods, but it allows the transport of substantially higher container volumes, achieving economies of scale. Furthermore, depending on the nature of the goods such as general cargo or livestock, the only form of transport is via vessels.

Depending on what customers value, whether it is time or reliability, which contribute to the overall customer satisfaction, then choosing an air freight service will be the viable mode of transport. In contrast, if price and load capacity is the top objective, then shipping poses as a more cost-effective alternative. Undoubtedly, global logistics is changing and will continue to experience shifts as it tries to establish a stable activity stream.