APM Terminals announces strategic partnership in Vietnam

March 30, 2023 | 10:22

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APM Terminals, a part of A.P. Moller - Maersk, on March 28 announced a strategic partnership with HATECO Group in Vietnam involving the development of two new deep-water berths at Lach Huyen Port in the north of Haiphong.

As part of this partnership, APM Terminals will provide financial, operational, and technical support to HATECO with the aim of facilitating direct imports and exports between Vietnam's north and European and American markets. The project is expected to create attractive opportunities for key customers and cargo owners in the north of Vietnam.

APM Terminals announces strategic partnership in Vietnam

Tran Van Ky, chairman of HATECO Group, commented that the company is proud to partner with APM Terminals and Maersk, who have been chosen for their aligned visions and capabilities to add value, both commercially and operationally.

"This project is the largest and most modern container port facility in Vietnam," Ky said.

"We are very pleased to partner with HATECO on this important project and to further our goal of growing where it benefits our customers. We believe in the win-win partnership with HATECO, which will create synergies between local expertise and our global capabilities," said Martijn van Dongen, head of Investment at APM Terminals.

The project involves developing two berths with a total length of 900 metres (450m each) that can accommodate container vessels of up to 18,000 TEUs.

HATECO plans to complete all construction work and deploy equipment by the end of 2024, with the new terminal expected to become operational by the first quarter of 2025. In the initial phase, the facility will have five ship-to-shore cranes and 14 rubber-tyre gantry cranes.

A.P. Moller - Maersk is a truly integrated logistics company working to connect and simplify its customers’ supply chains.

As a global logistics leader, Maersk operates in more than 130 countries and employs over 100,000 people worldwide. The company aims to reach net-zero emissions by 2040 across the entire business with new technologies, vessels, and green fuels.

Maersk Vietnam Ltd, one of the first foreign-owned logistics firms, has been operating in Vietnam since 1991. Its unwavering commitment to sustainability is demonstrated by a comprehensive range of eco-centric initiatives including eco-delivery, zero emissions logistics, and global supply chain digitalisation, all of which use transformative approaches to mitigate the effects of climate change.

The company has made significant progress towards its goal of achieving net-zero emissions in its operations by investing in 19 methanol-powered ships around the world.

Its continued commitment to sustainable transportation in Asia earned it the prestigious Green Leaf Certification in 2023 from the Green Freight Asia organisation.

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By Bich Ngoc

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