The new APM Terminals’ platform in Vado, which is currently under construction in the northern Italy, will boast an annual capacity of 1.1 mln TEU, channel depths from 16m to 23m and the productivity of 26 movements per crane per hour, announced Paolo Cornetto, CEO of APM Terminals in Italy, at the 5th MED Ports 2017 […]
APM Terminals and Hong Kong-based COSCO Shipping Ports Ltd, a subsidiary of China COSCO Shipping Corporation Ltd, have agreed on the sale of APM Terminals’ 76% shares in the APMT Zeebrugge container terminal in Belgium to COSCO Shipping Ports, informed APMT yesterday. Currently, APM Terminals owns 51% in the facility, therefore, it has been agreed […]
APM Terminals’ facilities in Itajai (Brazil) and T4 in Buenos Aires (Argentina) were chosen as ports of call at South America East Coast for the joint Asian service of Hapag-Lloyd, NYK, ZIM, Hyundai and Hamburg Sud, informs APMT. The 13 vessels deployed at the weekly service will call the Asian ports of Kelang, Singapore, Qingdao, […]
On Tuesday 27 June, A.P. Moller-Maersk was hit as part of a global cyber-attack named Petya, affecting multiple sites and select business units, announced Maersk on Twitter. According to its update at 23:00 CEST, the company continues to “assess and manage the situation to minimise the impact on the customers and partners”. Earlier that day […]
On Tuesday, June 20, APM Terminals Gothenburg in Sweden handed a notice of termination to 160 workers, out of total 450 employees, following “a sharp fall in volumes over the past year” due to the conflict with the Swedish Dockworker’s Union (SDU) that has been going on since early 2016. Swedish newspaper Göteborgs-Posten reported from the press […]
APM Terminals reports that its Gothenburg office has signed an addendum to the original concession agreement with the Port of Gothenburg to invest an additional SEK 250 mln (EUR 25 mln or USD 27.8 mln) through 2024 in the largest container port in Scandinavia. The new investment will be targeted at increasing operational productivity for […]
On Monday, 27 February, APM Terminals Lazaro Cardenas, Mexico’s largest container terminal, welcomed its first official vessel, reports APM Terminals. The 9,600 TEU Maersk Salalah on the AC2 Transpacific service from Asia called the facility following the completion of its Phase 1. The new deep-water semi-automated Lázaro Cárdenas Terminal 2 (TEC2) project, representing an overall […]
Hill International, a US leading construction consulting company, has received a contract from APM Terminals MedPort Tangier S.A. to provide project management and supervision engineering services during the construction of a new container facility at the Tangier-Med Port Container Terminal in Morocco, announced Hill’s press release of December, 05. The two-year contract has an estimated value […]
The Maersk Group has published its Q3 2016 results today. According to the press release, in the third quarter of the current year the Group delivered revenue of USD 9,177 mln (-9.2% y-o-y) and profit of USD 438 mln (-43.7% y-o-y). The negative results were significantly impacted by market conditions, particularly low container freight rates […]
COSCO Shipping Ports and Qingdao Port International Development have become partners with APM Terminals to operate new and existing container terminals in Vado, Italy, announces APMT’s press release. According to the concluded agreements, APMT will have a 50.1% share in a new joint venture created for the APM Terminals Global Terminal Network’s operations in Vado, […]
