- Sector
- Transportation
- Industry
- Other transportation
- Address
- Ha Long Vietnam
- IPO Date
- Aug 18, 2020
- Business
- Quang Ninh Port Joint Stock Company (UPCoM: CQN) is a Vietnam-based maritime infrastructure and logistics enterprise engaged primarily in seaport management, cargo handling, warehousing, and comprehensive maritime auxiliary services. Founded in 1977 and headquartered in Ha Long City, Quang Ninh Province, Vietnam, the company operates as a core maritime logistics subsidiary of T&T Group, which holds a controlling majority equity interest. The company manages deep-water terminal facilities within the Cai Lan Port area strategically located in the Gulf of Tonkin and the Northern Vietnam Key Economic Zone, providing vital gateway access for domestic industrial manufacturers, international trading enterprises, agricultural commodity importers, and international shipping lines connecting Vietnam to Asia-Pacific and global trade lanes.
The company organizes its business activities into port terminal operations, stevedoring and cargo logistics, storage and warehousing, and maritime auxiliary services. Its systematic service offerings comprise: cargo stevedoring, loading, discharging, and transshipment services for dry bulk commodities, including animal feed ingredients, corn, soybean meal, wheat, coal, clinker, cement, mineral ores, and woodchips; handling and tallying solutions for breakbulk cargo, steel products, heavy project machinery, specialized industrial equipment, and containerized freight; terminal management and berth leasing across deep-water quays engineered to accommodate bulk and general cargo vessels of up to 85,000 deadweight tonnage (DWT); warehousing and yard management services comprising extensive open storage yards, covered warehouses, bonded storage facilities, and container storage areas; maritime support and vessel servicing including tugboat assistance, towing, berthing and unberthing support, pilotage coordination, vessel cleaning, fresh water supply, and bunkering facilitation; and integrated logistics solutions covering customs brokerage, electronic documentation management, cargo inspection, inland trucking, river barging, and shipping agency operations.
In recent developments, Quang Ninh Port Joint Stock Company has executed operational upgrades and digital transformation initiatives to expand handling capacity and improve turnaround efficiency for large-tonnage vessels. The company has deployed digitized terminal management systems, including an automated electronic customs clearance interface integrated directly with national customs authorities, digital weighbridge management software, computerized maintenance management systems, and online cargo registration platforms for cargo owners and forwarding agents. Furthermore, the company has integrated its maritime operations more deeply into the broader intermodal transport and supply chain ecosystem of parent organization T&T Group, modernizing quayside cargo handling machinery and optimizing terminal utilization in alignment with regional port master plans and cross-border transport corridor developments across Northern Vietnam.