A lot of abandoned goods go unclaimed! Nearly 8,000 containers stranded in the port backlog!
Recently, according to the Vietnam Maritime Administration, Vietnam's ports are currently facing a large backlog, with nearly 8,000 containers stranded in ports for more than 90 consecutive days. The backlog has led to increased storage costs and reduced customs clearance capacity at Vietnamese seaports.
The worst congestion was at the port in Ho Chi Minh City, where 5,800 containers were not picked up. Other affected ports include Haiphong City with 1,500 containers, Da Nang City with 186 containers and Vouton with 120 containers.
Of these containers, 3,100 have been stored unclaimed for more than three years, 1,240 have been stored for one to three years, and 3,200 have been held for less than one year. The backlog includes 1,000 containers of scrap, 450 reefer containers and more than 6,000 containers carrying various other cargoes.
The Vietnam Maritime Administration has identified several reasons for the backlog, including cases where shipping companies have dissolved or gone bankrupt, and where shippers refuse to accept cargo or are unable to contact them.
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The cost of managing these containers is high, with storage fees averaging $2 a day for a 40-foot container. The port of Haiphong, in particular, is dealing with thousands of containers filled with old tires and scrap.
However, dealing with the backlog of containers brings challenges related to inspection, counting and handling. For example, some containers have been completed and auctioned, but buyers refuse to buy them because they are overvalued. Other containers were included in the non-compliance category and, as a result, these containers remained at the port as requested by the investigating agency, but there is still no information on their resolution.
In order to clear the backlog of cargo as soon as possible, the Vietnam Maritime Administration recommended that the Ministry of Finance and the Vietnam Customs Administration provide guidance on the allocation of financial resources and personnel to the relevant units. This will help speed up processing times, facilitate timely release from port yards, and recycle empty containers.