Damco Expands Logistics Capacity in Vietnam
Damco has unveiled its expanded Southern Vietnam Logistics Center in Binh Duong Province. Now covering 37,150 square meters and 141 loading bays, and incorporating state-of-the-art facilities, this C-TPAT certified multi-purpose warehouse is an important pillar of a multi-year capacity expansion plan. Together with the recent development of the Haiphong warehouse in North Vietnam to 11,500 square meters, Damco’s warehouse capacity in the Southeast Asian nation now stands at an impressive 73,000 square meters across five sites.
Damco’s growing contract logistics operation has over 25,000 square meters of space to serve customers in the retail, industrial and other commercial sectors. This capacity offers a greater array of supply chain efficiencies, which in turn optimize costs for customers’ logistics operations.
The new container freight consolidation facility is equipped with the latest technologies such as a High Jump CFS management system, RF scanning, a sprinkler system and a digital CCTV system. It also incorporates a quality control room and an on-site customs office, supported by a dedicated country management team which works closely with other Damco teams in origin and destination countries.
The expanded facility will enable Damco to support Vietnam’s projected economic growth with greater efficiency. These developments are in tandem with the establishment of the ASEAN Economic Community (AEC) in December 2015, the Trans-Pacific Partnership (TPP) agreement, and the Free Trade Agreement (FTA) between Vietnam and the European Union.
Marco Canard, Area Managing Director for Damco in Vietnam & Cambodia, adds: “In preparation for the upcoming years of strong economic growth, Damco Vietnam has invested substantially to upgrade our capacity in both the north and south. Within our facilities we are now able to perform new value added activities on behalf of our customers. Noteworthy is also the acquisition of our bonded license capability in Haiphong and the possibility to perform activities such as metal detection, CNI (Certificate of No Impediment) and inner carton checking within our Ho Chi Minh facility. These developments demonstrate Damco’s commitment to the Vietnamese market and our clear goal to be here for the long haul!”
Damco’s Southern Vietnam Logistics Center has broadened and strengthened the range of logistics services for customers and investors alike, both foreign and domestic. The new facility will enable Damco Vietnam’s customers’ supply chains to become more competitive by optimizing their logistics costs while ensuring a tangible reduction of their environmental emissions.
Damco, one of the world’s leading third party logistics providers, specialises in delivering customized freight forwarding and supply chain solutions. The company provides services in more than 300 locations across 100-plus countries and employs over 11,000 people. In 2015, the Maersk Group company had a net turnover of US $2.74 billion, managed 2.9 million TEU of ocean freight and supply chain management volumes, and air-freighted 180,000 tons.