During a trade mission of Dutch copmanies to Vietnam, APM Terminals and Hateco Haiphong International Container Terminal (HHIT), a fully owned subsidiary of Hateco Group, signed a memorandum of understanding to further develop their cooperation on terminal development in Haiphong in North Vietnam.
The agreement was signed at a ceremony in Hanoi during the first day of the trade mission that focuses on logistics, renewable energy, and waste management, among other segments. 44 Dutch companies and organizations showcased innovative solutions, e.g., to handle logistics, environmental challenges, and energy supply.
Haiphong City and the surrounding logistics and manufacturing development represent an opportunity for the terminal development to support the growing business activities in the region and provide a catalyst for shipping lines and cargo owners.
In 2023, APM Terminals announced a strategic partnership with Vietnamese Hateco Group for a project to develop two new deep-water berths at Lach Huyen port in Haiphong City. The project will be able to attract mega vessel services to Haiphong and significantly reduce the cost of import and export for North Vietnam after it starts operations in the first quarter of 2025.
As part of the project, APM Terminals will share its best practices on safety, port automation, artificial intelligence and decarbonization, which are part of mutual priorities as public-private partners.
(Source: APM Terminals)
