CMA CGM, SNP to Build Haiphong Deep-Water Terminal

CMA CGM and Saigon Newport Corporation to Develop $600M Deep-Water Terminal in Haiphong, Vietnam

CMA CGM Group, a global logistics leader, has signed a partnership agreement with Saigon Newport Corporation (SNP) to develop a new deep-water container terminal in Haiphong, Northern Vietnam. Named Lach Huyen Terminals 7&8, the facility will add 1.9 million TEUs of capacity and is set to commence operations in 2028.

Strategic Investment to Support Northern Vietnam’s Booming Container Trade

The Lach Huyen development responds to a sharp increase in container traffic through Northern Vietnam, now one of Southeast Asia’s most dynamic economic regions. With trade volumes fueled by export-led manufacturing, the region demands expanded port infrastructure to support global logistics efficiency.

Lach Huyen Terminals 7&8 to Deliver 1.9 Million TEU Capacity by 2028

Situated in the strategically located Lach Huyen port area, the project involves joint design, construction, and operations by CMA CGM and SNP. Total investment is estimated at USD 600 million.

Terminal Design, Construction, and Operations to Be Jointly Managed

The project highlights CMA CGM’s deep-rooted strategy to build strategic capacity in high-growth regions while partnering with established local leaders like SNP, Vietnam’s largest port operator.

Strengthening Vietnam’s Role in Global Supply Chains

By enhancing infrastructure in Haiphong, CMA CGM secures long-term access to critical trade lanes linking Southeast Asia with the Americas, Europe, and intra-Asia markets. This reinforces Vietnam’s growing prominence as a core node in global manufacturing and logistics.

Built on CMA CGM’s Established Presence and Intermodal Network

CMA CGM has operated in Vietnam since 1989, with five offices and a strong footprint through 29 weekly services across seven Vietnamese ports. It also co-owns terminals in Ho Chi Minh City and Cai Mep, leveraging CEVA Logistics’ inland capabilities to deliver end-to-end connectivity.

Conclusion: Long-Term Bet on Southeast Asia’s Trade Growth Trajectory

The Lach Huyen 7&8 terminal project reflects CMA CGM’s confidence in Vietnam’s economic trajectory and reaffirms its commitment to investing in future-ready port infrastructure. As regional demand accelerates, the Group’s collaboration with SNP is set to play a pivotal role in shaping Vietnam’s next chapter in maritime trade leadership.

Read More

Adani, JSW Infra Invest ₹29,500 Cr in Logistics Push

Adani Ports and JSW Infra Place ₹29,500 Cr Bet on Integrated Logistics to Drive Future Growth

India’s top private port operators—Adani Ports and JSW Infrastructure—are going all-in on integrated logistics. With port assets becoming harder to acquire and customer expectations rising, both companies are committing a combined ₹29,500 crore to build out end-to-end multimodal capabilities and transform cargo movement from port to door.

Strategic Shift Toward End-to-End Transport Ecosystems

Faced with saturated port capacity and rising competition, Adani and JSW Infra are repositioning as full-scale logistics and transport infrastructure providers. This involves integrating first-mile and last-mile services, warehousing, multimodal terminals, and tech-enabled freight solutions under a single customer-facing platform.

Adani Ports: From Port Operator to Transport Utility

Asset Base and Financials: FY25 Snapshot

Adani Ports and Special Economic Zone (APSEZ) recorded ₹2,881 crore in logistics revenue in FY25—a 38.6% year-on-year rise—with ₹642 crore in EBITDA. However, margins slipped to 22% from 26% in FY24. Trucking revenue touched ₹428 crore and is projected to triple by FY26.

₹20,000 Cr Capex Fuels Multi-Asset Expansion Plan

APSEZ’s logistics fleet now spans 132 rakes, 12 MMLPs, over 3 million sq. ft. of warehousing, 6,000+ containers, and 937 trailers. With 18,250 hectares of industrial land under its belt, it plans to invest ₹20,000–₹20,500 crore through FY30 into logistics assets including agri-silos and supply chain automation.

JSW Infrastructure: Inorganic Growth Through Acquisitions and Terminals

Navkar Deal, GCTs, and Morbi–Panvel Industrial Plays

JSW Infra acquired a majority stake in Navkar Corporation for ₹1,644 crore and plans to build 15–20 Gati Shakti Cargo Terminals over five years. FY25 logistics revenue stood at ₹250 crore with ₹41 crore EBITDA. The company targets ₹8,000 crore in logistics revenue and a 25% EBITDA margin by FY30, powered by ₹9,000 crore in capital expenditure.

Outlook, Risks, and the Road to FY30

Analysts caution that logistics margins are thinner compared to port operations, posing profitability challenges. Still, integrated service offerings across ports, land transport, and storage may create defensible customer value. Both companies are betting that this ecosystem model will yield market share gains and operational leverage as India’s manufacturing and trade volumes expand.

Conclusion: Logistics Integration Key to India’s Port Profitability Reinvention

Adani Ports and JSW Infra are no longer just port operators—they’re becoming logistics infrastructure ecosystems. Their ₹29,500 crore play into rakes, warehouses, GCTs, and tech is not just a vertical integration bet, but a reinvention o

Read More

Korea to Build World’s Largest Hydrogen Carrier by 2040

South Korea Launches World’s Largest Hydrogen Carrier Project in Global Shipbuilding First

South Korea is taking a bold leap toward maritime energy transition, announcing plans to build the world’s largest liquefied hydrogen carrier as part of a $39.5 million government-funded initiative in 2025. The effort unites the country’s shipbuilding titans — Hyundai Heavy Industries, Hanwha Ocean, and Samsung Heavy Industries — with top-tier research institutions to pioneer ultra-low temperature marine transport technology.

Ambitious 2040 Vision Begins With $39.5M Government-Backed Consortium

Led by the Ministry of Trade, Industry, and Energy (MOTIE), the plan sets a strategic roadmap: deliver a 2,000 cbm demonstration vessel by 2027, scale to a 40,000 cbm design by 2032, and commercialize a 160,000 cbm hydrogen carrier by 2040. The initiative is aimed at securing a global leadership position in the emerging hydrogen maritime sector.

From 2,000 cbm by 2027 to 160,000 cbm by 2040: The Carrier Timeline

• 2027 – Launch of 2,000 cbm demonstration vessel (actual size: 2,300 cbm)
• 2032 – Technical readiness of 40,000 cbm class hydrogen carriers
• 2040 – Full commercialization of 160,000 cbm ultra-large hydrogen carrier

High-Tech Hurdles: -253°C Storage, Vacuum Insulation & Fuel Cell Propulsion

Hydrogen’s low boiling point (-253°C) demands sophisticated storage and safety systems. The proposed vessels will incorporate vacuum-insulated cryogenic tanks and hybrid fuel cell propulsion using naturally evaporated hydrogen gas from the cargo hold. MOTIE acknowledged these are some of the most difficult ships ever designed, with no commercial examples yet operating globally.

Bringing Together 101 R&D Institutions Under Unified Strategy

The initiative consolidates 43 R&D projects and 101 institutions under a national task force. The aim is to streamline Korea’s hydrogen carrier technology development and align regulatory, financial, and engineering efforts under one roadmap to global leadership.

Korea Aims to Set Global Hydrogen Shipping Standard

The world’s first commercial liquid hydrogen carrier may be over a decade away—but Korea’s unified public-private strategy, backed by deep technical expertise and industrial scale, sets it firmly in the lead. If successful, the project could redefine the future of green fuel transport at sea.

Read More