Mitsui O.S.K. Lines (MOL) has announced that its joint venture company Haiphong International Container Terminal Co. Ltd held an opening ceremony for the new Haiphong International Container Terminal (HICT) at LachHuyen Port, Vietnam on May 13, 2018.
HICT is the first terminal in Northern Vietnam with a berth deep enough to allow calls by 14,000-TEU containerships. It will meet customer demands for shorter transit times and lower transport costs, while contributing to economic growth in Northern Vietnam, including Haiphong Industrial Park, since large-size container vessels, which offer direct links to Asia and North America/Europe, can call at the port.
The opening of the terminal means the opening of LachHuyen Port itself. The LachHuyen Port construction project is the first public-private partnership between the government of Japan and Vietnam.
