A.P. Moller-Maersk and Hateco Group have signed a non-binding agreement to study the development and operation of railway freight terminals in northern Vietnam, including a terminal in Hai Phong and three additional locations. The project aims to create an integrated rail freight system, potentially easing road transport pressure and improving freight efficiency. The preliminary investment is estimated at up to $3.5 billion. This initiative could significantly expand options for import-export and cross-border trade.
Key points
The project could help ease pressure on road transport, improve freight efficiency, and e…: The project could help ease pressure on road transport, improve freight efficiency, and expand options for import-export and cross-border trade.
A.P. Moller-Maersk and Hateco Group have opened the Hateco Hai Phong International Contai…: A.P. Moller-Maersk and Hateco Group have opened the Hateco Hai Phong International Container Terminal in 2025, an around $400 million deep-water container port in northern Vietnam.
The project is part of the A.P. Moller-Maersk-Hateco Group's broader strategy to enhance…: The project is part of the A.P. Moller-Maersk-Hateco Group's broader strategy to enhance global logistics and supply chain management.
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HANOI, Oct 20 : APM Terminals, the ports arm of Denmark's A.P. Moller-Maersk, and Vietnam's Hateco Group signed a non-binding agreement to study the development and operation of railway freight terminals in northern Vietnam, the Vietnamese government said on Tuesday.
• The agreement was signed in the presence of Vietnam's General Secretary and President To Lam during his visit to Denmark
• The companies will study a railway freight terminal in Hai Phong, including cargo-handling and storage facilities, as well as three additional rail freight locations in northern Vietnam, according to a statement on the Vietnamese government portal
• The proposed network would connect industrial parks, logistics hubs and manufacturing centres with major transport gateways, forming an integrated rail freight system across northern Vietnam
• Preliminary investment in the project is estimated at up to $3.5 billion, the statement said
• The project could help ease pressure on road transport, improve freight efficiency and expand options for import-export and cross-border trade, it added
• In 2025, A.P. Moller-Maersk and Hateco opened the Hateco Hai Phong International Container Terminal, an around $400 million deep-water container port in northern Vietnam
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