The market for container terminals in the U.S. is being helped by cheap prices, low risk, and the advent of automation, according to the latest newsletter from industry analyst Drewry Maritime Research.
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
25 Aug 2014
The persistent congestion clogging major gateway ports in the U.S. and Europe is raising a debate about whether it’s just peak-season volumes causing delays in import shipments or the inability of ports to handle the sharp growth in container ship sizes.
25 Aug 2014
APM Terminals has completed the sale of its semi-automated terminal at Portsmouth, Virginia, to an investment group that will continue to lease the facility to the Virginia Port Authority.
20 Aug 2014
APM Terminals saw volume and profit rise in its second quarter, thanks to some of its terminals becoming fully operational and the addition of new terminals in growth markets.
12 Aug 2014
APM Terminals Izmir ordered three ship-to-shore quay cranes and 10 rubber-tire gantry cranes from ZPMC for its new container terminal at Turkey’s port of Petkim.
26 Jul 2014
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.
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.