APM Terminals’ third-quarter profit soared to $345 million from $203 million a year ago as Maersk’s port operating arm booked gains from selling a terminal in the U.S. and a share of a French facility and increased volumes across its global network.
Danish delegation led by Minister for Trade and Economic Affairs, Denmark visits APM Terminals CFS facility in Dadri
APM Terminals Apapa Named “Best Terminal Operator of the Year” at Nigerian Maritime Excellence Awards
06 Jun 2014
APM Terminals disputes suggestions that sister carrier Maersk Line benefits from lower terminal handling costs because of the companies’ common ownership by Maersk Group.
04 Jun 2014
Maersk Line is denying claims that its profits are inflated because it gets a discount from its Maersk Group sister company APM Terminals, a major global terminal operator.
27 May 2014
APM Terminals is to expand capacity at its container terminal in Georgia’s Poti Sea Port by nearly 70 percent to keep pace with rapid traffic growth in the Black Sea region and to accommodate larger vessels.
21 May 2014
APM Terminals boosted first quarter operating profit to $215 million from $166 million a year ago as it added new terminals to a worldwide portfolio that is increasingly focused on growth markets.
01 May 2014
Greece has received expressions of interest from six companies seeking to bid for a majority stake in the port of Piraeus, its largest container port and an emerging Mediterranean transshipment hub.
22 Apr 2014
Gujarat Pipavav Port, an APM Terminals facility on India’s west coast, has scaled back its capacity expansion program for fiscal year 2014-15 in the wake of weakening trade demand.
18 Apr 2014
The Puget Sound ports of Seattle and Tacoma face battles on multiple fronts.
18 Apr 2014
Virginia Gov. Terry McAuliffe said APM Terminals wants to sell the semi-automated container terminal it now leases to the Virginia Port Authority.
02 Apr 2014
Maersk Group signed an agreement with China Shipping paving the way for negotiations on further collaboration on new container terminal projects and the establishment of joint ventures with its port arm, APM Terminals.
20 Mar 2014
APM Terminals in Los Angeles on April 7 will roll out a trucker appointment system that the manager of Southern Californi
27 Feb 2014
Maersk Line today posted a lower profit for the fourth quarter of 2013, but its full-year profit tripled, thanks to higher volumes and steep cost cuts, which offset lower freight rates.