APM Terminals has acquired a 49% minority stake in Hateco Hai Phong International Container Terminal (HHIT), marking a significant move in northern Vietnam’s port sector.
With the deal, Maersk’s terminals division also becomes operating partner alongside majority shareholder Hateco Group.
The transaction reflects the rapid development of the terminal, which has progressed from groundbreaking to efficient operations capable of handling vessels of up to 18,000 teu.
HHIT is described as the largest and most advanced deep-water port in northern Vietnam. Located in the Lach Huyen area of Hai Phong City, the facility features two new berths and provides direct import and export connections between northern Vietnam and both European and American markets.
Jon Goldner, chief executive Asia & Middle East at APM Terminals, said the terminal supports the company’s promise of delivering smarter, greener and faster logistics to strengthen trade in the region. He also praised the development achieved under Hateco’s leadership and said APMT looks forward to building on that progress while continuing to invest in becoming the best possible partner for Vietnam.
Tran Van Ky, chairman of Hateco Group, said the terminal had gone from the vision of a modern maritime gateway for northern Vietnam to one of the country’s most efficient and sustainable port facilities in just 30 months. Since operations began, he said, the terminal has already recorded the highest berth productivity in the Port of Haiphong and has also set new benchmarks for automated gate operations. He added that the partnership with APMT should help further optimise the terminal for customers.
As part of the project, APM Terminals has shared best practices in safety, port automation, artificial intelligence, process optimisation and decarbonisation, all of which are priorities within the public-private partnership.
The terminal has also been selected as part of Gemini Cooperation, the new East-West network operated by Maersk and Hapag-Lloyd.
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