Danish shipping giant Maersk and Vietnamese conglomerate Hateco Group have signed a Memorandum of Understanding (MoU) to collaborate on modernizing terminal operations in northern Hai Phong.

The partnership will focus on promoting sustainable "green" logistics solutions and implementing advanced port automation technologies.

The agreement was signed on March 19th by APM Terminals, a Maersk subsidiary, and Hateco Haiphong International Container Terminal (HHIT), a subsidiary of Hateco.

Jonathan Goldner, Chief Executive of APM Terminals for Asia & Middle East, emphasized Vietnam's growth potential: "Vietnam is a rapidly growing and high-potential market in Southeast Asia, and this strategic collaboration aligns with our ambition to grow where it benefits our customers."

Mr. Goldner added, "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."

Nguyen Van Tien, CEO of HHIT, highlighted APM Terminals' global expertise: "APM Terminals operates one of the world's most comprehensive port networks of 62 container terminals. Therefore, I am happy that APM Terminals will provide advisory support to HHIT to develop the largest, most modern, and environmentally sustainable container port in North Vietnam."

Mr. Tien stressed the focus on automation and the goal of eventual full electrification: "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."

In March 2023, APM Terminals and Hateco also launched a strategic collaboration to establish two new deep-water berths at Lach Huyen Port in Hai Phong city. This project aims to streamline direct import and export operations, connecting northern Vietnam more efficiently with markets in Europe and America.