Cma Cgm Signs Deal To Develop $600 Million Haiphong Terminal Complex - Journal Of Commerce
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1. Strategic Partnership Between CMA CGM and Saigon Newport
On May 26, 2025, CMA CGM – France’s largest shipping conglomerate – officially announced its investment and joint operation of container terminals 7 and 8 at the Lach Huyen Port complex in Hai Phong. The project is led by Saigon Newport Corporation (SNP), one of Vietnam’s key port operators.
The development includes the design, construction, and operation of two container berths totaling 900 meters in length (each 450 meters), capable of accommodating vessels up to 18,000 TEU. The terminal will also feature a modern yard system, advanced cargo-handling equipment, and a 200-meter barge berth. The terminal is projected to begin operations in 2028.
According to CMA CGM’s official release, the group has committed USD 600 million to co-develop, manage, and optimize the logistics ecosystem linked to this port cluster. Meanwhile, official documents from Vietnamese authorities confirm the overall project investment is valued at VND 12.793 trillion (approximately VND 13 trillion), inclusive of domestic equity, loans, and infrastructure costs.
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Important Note: The USD 600 million figure should not be directly converted into the VND 13 trillion figure, as they represent two different financial scopes: CMA CGM’s long-term capital contribution vs. the total Vietnamese-approved project budget.
2. A New Growth Driver for Hai Phong and Northern Supply Chains
According to data from the Hai Phong Statistics Office, the total cargo volume through Hai Phong ports reached nearly 53 million tons in the first four months of 2025 - an 8% increase year-on-year. Container throughput is growing at an average of 15% per year, placing increasing pressure on existing infrastructure.
The new CMA CGM terminal development will help:
Meet rising container demand in the northern economic corridor
Improve capacity for mega vessels, enabling direct services to Europe, the US, and Northeast Asia
Strengthen Hai Phong’s position as a regional logistics hub
Create approximately 600 new jobs and attract additional foreign direct investment (FDI)
3. CMA CGM’s Position and Port Network in Vietnam
CMA CGM has had a presence in Vietnam since 1989, with over 550 employees and five offices in Ho Chi Minh City, Hanoi, Da Nang, Hai Phong, and Quy Nhon. The group operates 29 weekly services across seven major ports in Vietnam and holds equity stakes in Gemalink (Cai Mep) and VICT (HCMC).
Terminals 7 and 8 at Lach Huyen represent CMA CGM’s next step in expanding its strategic footprint in Vietnam - an emerging logistics hub in Asia driven by strong industrial growth and export momentum.
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4. Real Logistics – A Trusted Partner in Global Port Connectivity
With over 15 years of industry experience, Real Logistics proudly supports cargo movements through Hai Phong’s growing port network—especially as large-scale developments like Lach Huyen expand regional capacity.
We closely monitor infrastructure updates, berth availability, and schedule shifts to deliver informed logistics solutions tailored for every business. Whether your cargo moves via trans-Pacific, intra-Asia, or domestic multimodal routes, Real Logistics ensures speed, transparency, and cost-efficiency.
Once completed, terminals 7 and 8 are expected to add around 1.9 million TEUs in annual capacity, bringing Hai Phong’s total throughput to nearly 6 million TEUs.
For expert consultation on port schedules, cargo planning, or supply chain optimization in northern Vietnam, please contact Real Logistics for customized support.
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