Search results for: 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 […]

  • 5 February 2019
    Business & Finance

    In 2017, UAE-based port developer and operator Abu Dhabi Ports signed a 35-year concession agreement with the Port of Fujairah, under which Fujairah Terminals, a new operational arm of Abu Dhabi Ports was established, with over AED 1 billion earmarked for infrastructural investment. Commercial operations at Fujairah Terminals were officially kick-started in September 2017 as […]

  • 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. […]

  • 26 September 2018
    Business & Finance

    Vietnam National Shipping Lines (Vinalines) is looking to build two container terminals at Lach Huyen Port in northern Hai Phong City, the company said in its latest announcement.  Namely, Vinalines has asked for government approval for the project, which would see the company’s’ subsidiary Haiphong Port JSC build terminals No.3 and No.4 at the port. The […]

  • 22 May 2018
    Business & Finance

    LBC Tank Terminal Rotterdam recently accomplished a major milestone in their expansion project, known as Rainbow, with the berthing of the first vessel at a brand-new jetty. The LBC Tank Terminals Group is currently focused on expanding the LBC Rotterdam site in the Botlek area of Rotterdam, the petrochemical heart of the port. According to […]

  • 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 […]

  • 9 March 2018
    Business & Finance

    Odfjell Terminals Rotterdam has announced that, in close collaboration with the Port Authority, the company will be expanding its jetty capacity. According to Odfjell, they will be extending and reinforcing its existing jetty so that it can accommodate vessels in the LR2 (Large Range 2) size range – with a maximum deadweight of 160,000 DWT. […]

  • 23 January 2018
    Business & Finance

    The Board of Directors of the European Bank for Reconstruction and Development (EBRD) last week approved the loan of up to $50 million to Nibulon. The loan is to support the expansion and modernization of Nibulon’s grain logistics infrastructure in 2018-2019 including the construction of river terminals, transshipment crane, river fleet and Mykolaiv terminal enhancement […]

  • 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 […]

  • 25 September 2017
    Business & Finance

    Abu Dhabi Ports (ADP) has started operations at Fujairah Terminals – located in the East coast of the United Arab Emirates – after signing a 35-year concession agreement with the Port of Fujairah earlier this year.  Captain Mohamed Juma Al Shamisi, the chief executive of Abu Dhabi Ports, said: “As we mark the official commencement of commercial operations, […]

  • 21 August 2017
    Business & Finance

    Fujairah Terminals has welcomed its first vessel, the Dubai Alliance, following recent concession signing agreement between Abu Dhabi Ports and the Port of Fujairah. Upa Jayalth, General Manager for Operations at Star Feeder LLC and Nirmil Perara, General Manager for Sales and Marketing at Star Feeders LLC met with Fujairah Terminals General Manager, Naser AlBusaeedi […]

  • 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, […]

  • 7 June 2017
    Business & Finance, Equipment, Technology

    The Northwest Seaport Alliance Managing Members Tuesday approved a $52 million that will be invested in Seattle and Tacoma terminal improvements. The investments include purchase of four more container cranes to join four others already on order for Husky Terminal in the South Harbor. The Alliance also approved an additional $2.9 million in improvements at Terminal […]

  • 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, […]

  • 14 June 2016
    Business & Finance

    With immediate effect and for a period of approximately 1 month, dredging operations will be carried out within the Kwai Tsing Container Terminals 6 and 7 area. According to the Hong Kong Marine Department (MARDEP), the works will be carried out by a grab dredger. Two tugboats, four hopper barges and one guard boat will assist during the […]

  • 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 […]

  • 3 September 2015
    Business & Finance

    As Governor Jay Inslee begins a nine-day trip to South Korea and Japan, the Alliance for NW Jobs & Exports urged him to make increased export capacity – particularly the pending construction of terminals in Bellingham and Longview – a vital part of the trip’s itinerary. “In his own words announcing the trip, the governor […]

  • 8 July 2015
    Business & Finance

    The Port Saint John will receive federal funding in the amount of $68.3 million under the National Infrastructure Component of the New Building Canada Fund for a project to modernize the port’s Westside terminals. The $205 million project involves improving and consolidating the Rodney and Navy Island terminals to allow the Port to accommodate larger vessels. New […]

  • 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 […]