Operating for Vietnam
APM Terminals and Hateco Group continue successful partnership with new terminal in Da Nang, an international gateway for central Vietnam
APM Terminals and Hateco Group have signed an agreement with Da Nang City to develop, build and operate a new terminal in Da Nang, the Lien Chieu Container Port. The agreement includes an estimated investment of over 1.7 billion USD to deliver a terminal estimated to handle more than 5.7 million TEU per year, starting with Berths 1 and 2 (Phase 1), with expansion of Berths 3-8.
The terminal project was celebrated in Da Nang with a groundbreaking ceremony attended by Maersk CEO Vincent Clerc.
APM Terminals and Hateco Group will build on the shared infrastructure developed by Da Nang City to invest in the civil infrastructure and equipment, with the aim of going live in early 2029. This project is aligned with Vietnam’s National Strategy for Logistics Development and Vietnam’s Seaport Development Plan which mention Da Nang as one of four strategically prioritised logistic centers.
“We value our partnership and collaboration with Hateco Group and our long-standing partnership with Vietnam. This project will support the development of Da Nang as a high-performing gateway for central Vietnam’s growing trade flows, underpinned by targeted investment in modern port infrastructure and capabilities that enable long-term economic growth. By combining APM Terminals’ operating discipline with Hateco’s local expertise, we are establishing a platform that improves the efficiency and reliability of trade, strengthening connectivity across Vietnam and into neighbouring markets, including Laos, Cambodia, eastern Thailand, and Myanmar,” says Keith Svendsen, CEO of APM Terminals.
Part of the vision for Da Nang is to develop a port that can complement a complete logistics ecosystem to attract international trade and investment.
“The partnership between Hateco Group and APM Terminals has proven to create strong results for the Vietnamese port development. We firmly believe that with our investments and the combination of local and global expertise can accelerate the port development of Da Nang as a central economic hub and grow economic potential in the region,” says Tran Van Ky, Chairman of Hateco Group.
Boosting integration of land and sea
The aim of the investments in the new terminal in Da Nang is to unlock the untapped potential of both emerging markets and to boost the cross-border flows reducing logistics costs and congestions in the current setup.
At capacity, the Lien Chieu Container Port complex will include a deep-water berth with capacity of up to eight container berths, barge vessels, container yards and with links to warehouses, rail, industrial parks and the Da Nang Free Trade Zone with ability be able to handle vessels of up to 18,000 TEUs (twenty foot equivalent units) as central Vietnam’s only deep-sea terminal.
APM Terminals’ standardised approach to efficient operations and focus on constant optimisation aims to boost the reliability and speed for shipping lines and in-land operators, among other things via reduced vessel lead time and optimised truck turnaround times, as also demonstrated in our joint venture with Hateco on the Hateco Hai Phong International Container Terminal (HHIT) in Hai Phong City, that went live in 2025. APM Terminals upholds high operational efficiency standards with a persistent focus on the highest safety standards.
This investment builds on our long-term relationship with Da Nang City; we look forward to the design and construction period ahead.
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