APM Terminals (APMT) and Hateco Haiphong International Container Terminal (HHIT), a fully owned subsidiary of the Hateco Group, have signed a Memorandum of Understanding (MoU) to expand their partnership on terminal development in Haiphong, North Vietnam.
The MoU was signed during a ceremony in Hanoi on the opening day of the trade mission, which will cover logistics, renewable energy, and waste management, among other topics.
44 Dutch firms and organisations are represented, demonstrating innovative solutions to logistics, environmental concerns, and energy supply.
Jon Goldner, Chief Executive, Asia & Middle East, APMT, after visiting the project site in Haiphong, said: “Vietnam is a rapidly growing and high-potential market in South-East Asia and the strategic collaboration underpins our ambition to grow where it benefits our customers.
“Therefore, I am happy that we are now strengthening our cooperation by assisting HHIT to reach its goal to have a sustainable and efficient terminal that is fit for the future and benefits customers.”
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Nguyen Van Tien, CEO of HHIT, said: “Among other things, by using automated solutions and with the ambition and preparations made to be able to operate fully electric once the electricity supply can provide for it.
“APMT operates one of the world’s most comprehensive port networks of 62 container terminals. Therefore, I am happy that APMT will provide advisory support to HHIT to develop the largest, most modern, and environmentally sustainable container port in North Vietnam.”
The project’s goal is to attract mega vessel services to Haiphong and considerably cut import and export costs for North Vietnam after it begins operations in the first quarter of 2025.
As part of the initiative, APMT will reportedly exchange best practices in safety, port automation, artificial intelligence, and decarbonisation, all of which are shared priorities as public-private partnerships.
Jian Dan, Principal for Investments, Regional Growth, Asia & Middle East, stated: “Haiphong City and the surrounding logistics and manufacturing development represents a clear and current opportunity for the terminal development to directly support the growing business activities in the region and provide a tangible catalyst for shipping lines and cargo owners to take advantage of the opportunities that are here.”
