APM Terminals (APMT) has confirmed a new project to develop two new deep-water berths at Lach Huyen port in Haiphong City, Vietnam, in conjunction with the Vietnamese HATECO group.
The new strategic partnership will see APMT focus on financial, operational, and technical support to HATECO as part of the partnership.
The port project itself entails developing two berths offering a total length of 900m (based on 450m each), with the aim of accommodating container vessels of up to 18,000TEU in size.
The initial phase will see the new facility operating with five ship-to-shore (STS) cranes and 14 rubber-tyred gantry (RTG) cranes.
HATECO has stated that it intends to complete all construction works and deploy equipment by the end of 2024, with operations to commence at the new terminal by Q1 2025.
Martijn van Dongen, Head of Investment, APM Terminals, notes: “We are very pleased to partner with HATECO on this important project, further unlocking one of the rapidly growing and high-potential markets in South-East Asia.
“We also believe in the win-win partnership with HATECO, which will create synergies between local expertise and our global capabilities.”
