The International Longshore and Warehouse Union and the Pacific Maritime Association met for three days this past week without concluding negotiations; at the weekend, the parties announced a week-long recess in the talks. German carrier Hamburg Süd announced plans to acquire the container operations of Chile’s CCNI, in a move resembling the deal between larger competitor Hapag-Lloyd and Chile’s CSAV, and Crowley is reported to be in talks to acquire Horizon Lines’ Puerto Rico assets. Earnings reports by U.S. truckload carriers are pointing to a stronger freight recovery in the United States, though rail service continues to be held back. And on Friday, Anne S. Ferro announced her departure from the Federal Motor Carrier Safety Administration after five years leading the agency.
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
22 Jul 2014
An infrastructure investment group and a British pension fund have agreed to acquire APM Terminals’ semi-automated container terminal at the Port of Virginia for an undisclosed price.
03 Jul 2014
APM Terminals says its $78 million investment enabling its Algeciras terminal to handle regular calls by 18,000-TEU ships helped the Spanish port overtake domestic rival Valencia as the biggest container port in the Mediterranean.
23 Jun 2014
APM Terminals has exercised an option for 22 automated rail-mounted gantry cranes for its new Rotterdam container terminal, which is scheduled to open in November.
19 Jun 2014
Greece has received expressions of interest from eight companies bidding for a majority stake in the Thessaloniki Port Authority (OLTH), the operator of the country’s second largest seaport.
11 Jun 2014
APM Terminals said container rail capacity at its Gothenburg facility will increase by 50 percent when a new rail track and two specialized rail cranes start operations in the fall.
10 Jun 2014
APM Terminals’ management in India’s Port of Jawaharlal Nehru (Nhava Sheva) is asking shipping lines and agents to speed removal of import containers to ease congestion at the terminal.
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.