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APM Terminals Secures 49% Stake in Vietnam’s HHIT Deepwater Terminal

APM Terminals Secures 49% Stake in Vietnam’s HHIT Deepwater Terminal

APM Terminals (APMT) has solidified its presence in the Southeast Asian maritime sector by transitioning from a development partner to a major shareholder in the Hateco Hai Phong International Container Terminal (HHIT). The company has officially acquired a 49% stake in the facility, positioning itself as the primary operating partner alongside Vietnam’s Hateco Group.

Advanced Infrastructure to Boost Northern Vietnam

Located in the strategic Lach Huyen area of Haiphong, HHIT represents a significant advancement for regional maritime infrastructure. As the largest and most technologically advanced deepwater facility in Northern Vietnam, the terminal is equipped with two deepwater berths capable of handling ultra-large container vessels (ULCVs) of up to 18,000 TEU.

This increased capacity is expected to shift trade patterns by facilitating direct services between Northern Vietnam and major markets in Europe and the United States. By reducing the reliance on traditional transshipment hubs, the terminal offers cargo owners more efficient and cost-effective logistics solutions.

Digital Innovation and Sustainability

The partnership brings APM Terminals’ global expertise in automation and digitalization to the forefront of Vietnamese port operations. The terminal has already integrated several high-tech solutions, including:

  • Artificial Intelligence (AI) for optimized yard management.
  • Automated gate systems that have already achieved record performance levels.
  • Advanced decarbonization measures to align with global green shipping initiatives.

Furthermore, HHIT has been integrated into the Gemini Cooperation network, the strategic alliance between Maersk and Hapag-Lloyd, ensuring its role as a key node in the new East-West service structure.

Strategic Expansion in a Growing Market

The acquisition in Haiphong follows closely on the heels of APMT’s recent expansion into Danang, signaling a comprehensive strategy to capture growth across Vietnam’s primary maritime gateways. As global supply chains continue to diversify, Vietnam has emerged as a critical manufacturing hub, driving sustained demand for modern port infrastructure.

Jon Goldner, CEO for Asia and the Middle East at APM Terminals, emphasized that this investment underscores the company’s long-term commitment to the region, focusing on creating faster, greener, and more resilient supply chains for the future.