Mitsui E&S to operate crane delivery vessel
NewsMitsui E&S outlines a further step in its plan to start “final assembly” of container cranes in the US.
MITSUI E&S Co lands orders for 30 cranes for ports in Vietnam and Bangladesh
Mitsui E&S Co has been awarded contracts to supply a total of 30 cranes for Phuoc An Port in Vietnam and Matarbari Port in Bangladesh.
Japan’s Mitsui E&S Co has won an order from Petro Vietnam Phuoc An Port (PAP), an upcoming port operator backed by the Vietnamese government, for five STS cranes (Mitsui-Paceco Portainer) and sixteen electric RTG cranes (Mitsui-Paceco Transtainer).
The order supports PAP’s development of Phuoc An Port, the first container terminal in Dong Nai province, expected to become a major logistics hub in Vietnam by 2025, thanks to its strategic location between Ho Chi Minh City and the new Long Thanh International Airport.
The company already has four Mitsui-Paceco Portainers and nine Mitsui-Paceco Transtainers scheduled for delivery to the port in September 2024.
Mitsui E&S noted that this latest contract will bring its total deliveries for Phuoc An Port to nine Mitsui-Paceco Portainers and 25 Mitsui-Paceco Transtainers.
The Japanese crane manufacturer has been a prominent player in the Vietnamese market, having delivered 26 Mitsui-Paceco Portainers and 132 Mitsui-Paceco Transtainers over the past decade to various port customers in the country.
First crane order from Bangladesh
This contract follows Mitsui E&S’s recent order from Chittagong Port Authority in Bangladesh for nine cranes, including three Mitsui-Paceco Portainers and six Mitsui-Paceco Transtainers, along with other container handling equipment intended for the Matarbari Port development project. This marks Mitsui E&S’s first order for cargo handling cranes in Bangladesh. The company said that the Portainers will be among the largest quayside container cranes in Bangladesh, equipped with seismic isolation devices to ensure functionality during earthquakes.
The Matarbari Port, funded by an ODA loan from the Japanese government, aims to alleviate the country’s heavy reliance on costly transshipment through neighbouring ports like Colombo, Singapore, and Malaysia.
It is currently under construction in Bangladesh’s Cox Bazar district, south of Chattogram Port, and is set to become a deep-sea port by January 2027. While the Chittagong Port Authority is also providing funding for the port, Japan remains the primary investor in the port.
It is expected to surpass Chattogram Port in capabilities and position itself as a regional transhipment hub. Although Sonadia was initially considered for a deep-sea port in 2006, and China showed strong interest, formal agreements were never reached. By 2018, Bangladesh redirected focus to Matarbari with Japanese support.
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