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.
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
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.
20 Feb 2014
APM Terminals has formed a 50-50 joint venture with infrastructure investor Brookfield Asset Management for ownership of APMT’s Port Elizabeth, N.J., container terminal at the Port of New York and New Jersey.
06 Feb 2014
After more than five years of inertia in the marine terminal business, the industry is beginning to churn. Some investors who spent billions of dollars in the mid-2000s to buy into container terminals want out, while others see this as a good time to invest in the industry.
26 Jan 2014
India’s Port of Jawaharlal Nehru, which has been plagued by labor troubles in recent months, is bracing for yet another disruption to shipping as the port trust announced a nearly six-week partial shutdown of the port-run container terminal, beginning in mid-March, for harbor crane replacement.
17 Jan 2014
The polar vortex didn’t put the U.S. into a deep freeze for long but the widespread chill is still causing transportation problems for shippers, railroads and drayage truckers. Those problems may be contributing to stronger-than-usual business for over-the-road truckers.
06 Jan 2014
Maersk Tankers has sold its fleet of 15 very large crude carriers to Euronav, a Belgian tanker operator, for $980 million, allowing A.P. Moller-Maersk to focus on its core businesses.
02 Jan 2014
Maersk is reportedly close to selling its fleet of 15 very large crude carriers as it continues to offload non-core operations to focus on container shipping.
30 Dec 2013
Russia’s Global Ports has completed the $1.6 billion acquisition of its domestic rival NCC to create Eastern Europe’s biggest container terminal operator.