After their involvement in the Cai Mep International Terminal, APM Terminals has taken a 49 percent minority shareholder in a second major Vietnam terminal – the Hai Phong International Container Terminal in North Vietnam. The company said that the strategic location of the terminal and its rapid growth was part of the decision.
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The terminal is located within the Lach Huyen port in Haiphong City, in the north part of Vietnam. It is close to Hanoi and has strong access to the industrial regions in the north and because of its location the terminal will be part of the Gemini Cooperation’s East-West network.
The terminal opened in in July 2025 and was developed in just 30 months. Reports show that operations deliver the the highest berth productivities in the Port of Hai Phong.
In March 2023, APM Terminals signed a joint venture with Vietnam’s Hateco for the development of two new deep-water berths. The company agreed to provide financial, operational, and technical support to Hateco. The two berths have a total length of 900 meters (450 meters each), capable of accommodating container vessels of up to 18,000 TEUs capacity. In the initial phase, the facility was designed for five ship-to-shore (STS) cranes and 14 rubber-tyre gantry (RTG) cranes.
APM Terminal is also involved in the Cai Mep International Terminal, located in the south, near Ho Chi Minh City. Cai Mep can also handle 18,000-plus TEUs vessels and has an annual capacity of 2.1 million TEUs.
It is the latest in a series of strategic terminal investments recently announced by AP Moller Maersk. It reported that in 2025, its Terminals sector achieved its strongest financial performance ever with record volumes, revenue, and EBIT. Maersk told investors that revenues from terminals increased by 20 percent, propelled by record-high volumes from strong demand, improved rates, and higher storage revenue. It said it continued to strengthen its position as a global leader in terminal operations and critical port infrastructure.