Midea Group and Hutchison Ports sign MoU to enhance global logistics and supply chain resilience, focusing on green initiatives and digitalisation.
Midea Group and Hutchison Ports have signed a Memorandum of Understanding to deepen their global partnership and strengthen supply chain resilience, as announced in a press release.
The agreement was unveiled at the Shenzhen Port Global Supply Chain High-Quality Development Conference 2026. The two companies stated that they will combine resources to build a stable and efficient logistics ecosystem over the next two years.
Midea's expanding overseas manufacturing footprint will align with Hutchison Ports' global terminal network, particularly in Thailand, Indonesia, Egypt, Vietnam, and Mexico. The partnership aims to secure maritime corridors for Midea while boosting throughput at Hutchison facilities.
Lewis Fu, President of Midea International, emphasized that reliable logistics are vital to the company's globalization strategy. He added that initiatives such as data integration and priority lanes during peak seasons will help Midea reach its target of 1.5 million TEU by 2027.
Eric Ip, Group Managing Director of Hutchison Ports, noted that Midea's growing export volumes will add momentum to its terminals. He stated that Hutchison will provide tailored support through advanced digital systems and high-efficiency operations.
The collaboration will begin at Yantian International Container Terminals, focusing on green logistics, digitalization, priority lanes during peak seasons, and multimodal rail links to inland Chinese ports.
Both companies expressed their intention to expand the model across Hutchison's global network, exploring innovative solutions to set new standards for greener and more resilient supply chains.
