New Investments in APM Terminals Mobile
- Business & Finance
APM Terminals Mobile will add two new super-Post Panamax STS cranes and expand the container yard by 20 acres as part of a $40 million infrastructure investment to expand the terminal’s capacity in response to growing demand in the US Southeast by Alabama’s primary port.
APM Terminals Mobile has a current annual throughput capacity of 350,000 TEUs with two Post-Panamax cranes now in service.
“We are very pleased to proceed with increasing our capacity and productivity for the businesses and shipping lines who have made this port a new market leader. Mobile is a great place to be and we look forward to growing the terminal as the Gulf Coast’s gateway to the South Atlantic,” said APM Terminals’ Chief Operating Officer, Jeff De Best.
The addition of the two cranes and the expansion of the current facility by 20 acres will enable APM Terminals Mobile to accommodate both increased business from shipping lines serving Alabama’s growing industrial base, as well as the larger vessels calling US Gulf ports following the opening of the expanded Panama Canal locks.
With a 13.7 meter depth, APM Terminals Mobile is already handling vessels of up to 8,400 TEU capacity and the widening of the Panama Canal locks will allow transit of vessels of up to 12,600 TEU capacity.