Search results for: APM Terminals

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  • 14 February 2020
    Business & Finance

    APM Terminals Poti has officially re-initiated the process of obtaining the necessary permits with a firm intention to build the new deep-water multipurpose port in Poti, Georgia.  On February 11, 2020, APM Terminals submitted application to the Technical and Construction Supervision Agency to obtain the permit for land usage for construction of the new deep-water […]

  • 28 June 2019
    Business & Finance

    APM Terminals Medport Tangier container terminal, a collaboration between Moroccan port TangerMed and Danish shipping major A.P. Moller – Maersk, has officially opened its doors. The construction of APM Terminals MedPort Tangier took two years and a total investment of $800m to make this facility become reality. This new transshipment terminal is designed, constructed and […]

  • 29 October 2018
    Business & Finance

     APM Terminals’ Moin Container Terminal (MCT) in Costa Rica has been granted permission by the National Council of Concessions (CNC) to start commercial operations at its first deep-sea berth. This is a key step for the terminal, which is on schedule to be fully operational in February 2019, said APM in its latest announcement. […]

  • 27 April 2018
    Business & Finance

    APM Terminals Elizabeth, New Jersey, is on the right track to successfully wrap up their $200 million ongoing infrastructure investment plan, scheduled for completion this year. Under this capital development program, they recently completed a major dredging program on the port channels and yesterday took delivery of four of the newest generation gantry cranes to […]

  • 15 January 2018
    Business & Finance

    APM Terminals Poti and Poti New Terminals Consortium have signed a Memorandum of Understanding (MOU) for a $100 million investment in a new bulk cargo terminal that can process 1.5 million tons of dry bulk cargo annually and generate new trade opportunities for customers in the Georgian transit corridor. According to the official statement, the […]

  • 21 December 2017
    Business & Finance

    The Alabama State Port Authority (ASPA) and APM Terminals have approved a $49.5 million expansion of the container facility at the Port of Mobile. The parties will deliver a Phase 3 expansion that includes a dock extension and an additional 20 acres of improved yard to maintain excess capacity to accommodate new business opportunities. When […]

  • 22 November 2017
    Business & Finance

    The ribbon cutting ceremony for the new APM Terminals Quetzal, aimed to transform Guatemala’s port sector by offering the highest productivity port operations in the country, took place yesterday, the company said in their latest announcement.  APM Terminals Quetzal has a capacity of 340,000 TEUs and is a 85%/15% joint venture between APM Terminals and The […]

  • 3 November 2017
    Business & Finance

    Paolo Cornetto, Managing Director of APM Terminals Vado, Italy, addressed the 5th MedPorts 2017 conference last week in Barcelona by highlighting the future role of the deepwater APM Terminals Vado facility, now under construction, as a new southern gateway to Central Europe. “We designed our new port around liner customers – and our landside customers […]

  • 23 June 2017
    Business & Finance

    As a result of the recently completed expansion scheme, the 10,100 TEU capacity Maersk Gibraltar arrived at APM Terminals Pipavav on June 16th, marking a new record for the largest vessel ever to call Pipavav Port. An expansion at APM Terminal Pipavav was recently completed and included strengthening of the existing berth, additional dredging work, […]

  • 5 April 2017
    Business & Finance

    The President of Mexico, Enrique Peña Nieto, joined by the Prime Minister of Denmark, Lars Lokke Rasmussen, yesterday inaugurated APM Terminals Lazaro Cardenas. The terminal represents an investment of more than US$900 million and will offer a new gateway for trade between Mexico, a core growth market, and the rest of the world, APM said. […]

  • 1 March 2017
    Business & Finance

    Brazil’s Minister of Transportation, Maurício Quintella Lessa, recently visited APM Terminals Itajai to attend the signing ceremony of an $11 million contract to dredge the navigation channel and terminal berths to a depth of 14 meters. The new depth will allow vessels of up to 9,000 TEU capacity to dock at the berths. Flooding of […]

  • 1 March 2017
    Business & Finance

    APM Terminals and Bollore Transport & Logistics executives, the sponsors of the Tema Port Expansion Project, have toured the existing Meridian Port Services Terminal (MPS) inside Tema Port and the adjacent port expansion project site, Ghana News Agency (GNA) just announced. On the tour of the port expansion works, the team expressed satisfaction with the […]

  • 28 February 2017
    Business & Finance

    APM Terminals Lazaro Cardenas yesterday received its first official vessel call with the arrival of the 9,600 TEU capacity Maersk Salalah on the AC2 Transpacific service from Asia. “A priority for us is to transition terminals under implementation into operation, and make them as efficient as possible to support our customers,” said Morten H. Engelstoft, […]

  • 21 January 2016
    Business & Finance

    APM Terminals and Compañia de Puertos Asociados S.A. (Compas S.A.) have finalized the incorporation of Cartagena Container Terminal Operator (CCTO), a new joint venture which will manage and operate Compas S.A.’s existing multipurpose facility in Cartagena, Colombia. APM Terminals will hold a 51% majority share in the operation, which includes annual throughput capacities of 250,000 […]

  • 17 June 2015
    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 […]

  • 3 June 2015
    Business & Finance, Equipment, Technology

    Speaking at the 4th Annual Black Sea Ports and Shipping Conference 2015 on May 29th, APM Terminals Poti Deputy Managing Director Joseph Crowley discussed the advantages of Poti Seaport as the prominent gateway for Black Sea, Mediterranean and Central Asian trade. “While recent World Bank economic growth forecasts for the broader Caucasus region have been […]

  • 20 April 2015
    Business & Finance, Project & Tenders

    The official opening ceremony of APM Terminals Maasvlakte II in Rotterdam, the Netherlands will be held on Friday, April 24, 2015 at 15:00 hrs.  APM Terminals newest port in the world will be the first fully automated facility with zero emissions from cargo handling equipment. Built on land reclaimed from the North Sea and with a price […]

  • 8 April 2015
    Business & Finance

    APM Terminals Mumbai established a new record for Indian ports by handling a total of 2.01 million TEUs during the Fiscal Year of 2014-15, representing the period between April 1, 2014 to March 31, 2015. APM Terminals Mumbai is one of three terminals currently operating at Jawaharlal Nehru Port (JNP), India’s largest container port, accounting […]

  • 19 February 2015
    Business & Finance

    APM Terminals, an international container terminal operating company, has released a video about the Maasvlakte II. The mission of APM Terminals Maasvlakte II is to enable safe and flawless container flows between sea and land. For this reason, all the processes on and around the terminal connect with one another seamlessly. Maasvlakte II is the extension […]

  • 12 January 2015
    Business & Finance, Equipment, Technology

    APM Terminals has placed an order for 16 new advanced Rubber-Tire Gantry cranes (RTGs) as part of an ongoing program of upgrading and expanding container handling capabilities and capacities throughout the APM Terminals Global Terminal Network. Twelve of the high-performance RTGs are scheduled for delivery to APM Terminals Algeciras, in Spain, while the remaining four […]

  • 6 January 2015
    Business & Finance, Equipment, Technology

    The 18,300 TEU EEE-Class Marstal Maersk became the largest vessel to call the new Maasvlakte II expansion of the Port of Rotterdam, arriving Monday morning January 5th as part of the testing phase prior to regular weekly calls starting in February.  The vessel is 399-meters (1,310 feet) long and 59-meters (194 feet) wide and sails […]

  • 19 December 2014
    Business & Finance, Equipment, Technology

    The Secretaría Técnica Nacional Ambiental (SETENA), the official environmental agency of the government of Costa Rica, has granted approval to the APM Terminals Moin Container Terminal project. This project is being developed under the auspices of the Junta de Administración Portuaria y de Desarrollo Económico de la Vertiente Atlántica de Costa Rica (JAPDEVA), the Board […]

  • 15 December 2014
    Business & Finance, Equipment, Technology

    Speaking at the TOC West Africa Market Briefing conference, APM Terminals’ Commercial Director for Inland Services West Africa, Moussa Diop, described the opportunities represented by a rapidly expanding and urbanizing sub-Saharan population, and the urgent need for significant infrastructure investment in both port and inland logistics capabilities in order to satisfy the projected demands of […]

  • 26 November 2014
    Business & Finance, Equipment, Technology

    The new APM Terminals Maasvlakte II container terminal, designed to be the world’s safest, most technologically advanced and automated container handling facility, began landside commercial operations with the opening of the high tech truck gates, launching a new era of automation to improve trucker efficiency and reduce turntimes. The 86 hectare (212 acre) terminal includes […]

  • 18 September 2014
    Business & Finance

    Peruvian President Ollanta Humala has toured APM Terminals Callao to personally view how the company’s $750 million investment in the North Terminal is creating new jobs and modernizing the multi-purpose terminal into a world-class facility, handling container, bulk, Ro/Ro, general cargo and cruise vessels. Accompanied by the Minister of Transport and Communications, José Gallardo, President […]

  • 5 September 2014
    Business & Finance, Equipment, Technology

    Speaking at the Trade Americas & ConnectAmericas Expo: Building the Americas conference in Miami, APM Terminals Vice President and Chief Financial Officer Christian Moller Laursen observed that economic and population growth rate projections for Latin America have not yet been matched by the port and transportation infrastructure investment needed to accommodate the increased logistics and […]

  • 20 August 2014
    Business & Finance

    APM Terminals delivered an increased profit of $223 million ($179m) and a return on invested capital of 14.2% (12.8%), according to the company’s latest interim results. Terminals becoming fully operational and new terminals added to the portfolio supported the 8% growth in volume. More than 80% of EBITDA was generated in growth markets, 41 out […]

  • 12 August 2014
    Business & Finance, Equipment, Technology

    APM Terminals Izmir has selected ZPMC as the provider of the most efficient and safest cranes to operate Izmir’s only container terminal capable of serving vessels larger than 10,000 TEU, in one of the fastest growing economies in the world. The new terminal – Izmir and Western Turkey’s largest and most modern – in Petkim […]

  • 24 June 2014
    Business & Finance, Equipment, Technology

    The World Bank’s Global Economic Prospects 2014 report, released last week, projects a sharp increase in the projected annual growth rates for the volume of world trade for the next three years, which the geographically balanced APM Terminals Global Terminal Network is notably well-suited to accommodate. The overall global economic growth rate has been forecast […]