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APM Terminals Becomes Minority Shareholder and Operating Partner in HHIT

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APM Terminals has officially joined Hateco Group as a 49% minority shareholder and operating partner in the Hateco Haiphong International Container Terminal (HHIT). The strategic move follows three years of development and the successful ramp-up of the facility, which is now the largest and most advanced deep-water port in Northern Vietnam. Strategically located in the Lach Huyen area of Haiphong City, the terminal capitalizes on favorable natural conditions to facilitate direct trade between Northern Vietnam and major European and American markets.

The terminal features two new deep-water berths capable of efficiently servicing mega-vessels with capacities of up to 18,000 TEU. Throughout the project’s realization, APM Terminals has shared global best practices in safety, port automation, artificial intelligence, process optimization, and decarbonization. These technological advancements have already resulted in the highest berth productivities in the Port of Haiphong and set new records for automated gate operations, establishing HHIT as a benchmark for efficiency and sustainability in the region.

This joint venture underlines a long-term commitment to Vietnam’s infrastructure, with HHIT now being incorporated into the Gemini Cooperation network. The partnership combines Hateco’s local leadership and vision with APM Terminals’ international operational expertise to further optimize terminal operations. By providing a modern maritime gateway, the project aims to reduce transshipment reliance and enhance the competitive positioning of Northern Vietnam’s logistics sector for the benefit of global customers and cargo owners.

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