Developing Vietnam's container port capacity
Netherlands-based APM Terminals has formed a strategic partnership with the Vietnamese company Hateco Group for a project to develop two new deep-water berths at Lach Huyen port in Haiphong City and thus boost the trade of goods between the north of Vietnam and European and American markets.
The Hateco Haiphong International Container Terminal (HHIT) project entails the investment into and development of two berths with the total length of 900 m (450 m each), which can accommodate container vessels of up to 18,000 teu capacity.
Tran van Ky, chairman of Hateco Group: "We are proud of the project, which is the largest and most modern container port facility in Vietnam. We are also excited to partner with APM Terminals and Maersk, who have been carefully chosen to be our long-term strategic partners due to aligned visions for the market and their capabilities to add value commercially and operationally." (lh)