APM Terminals Apapa named “Best Terminal Operator of the Year” at Nigerian Maritime Excellence Awards in Apapa, Nigeria. APM Terminals Apapa, which assumed operational control of the facility in 2006, is now the busiest container terminal in West Africa, with an estimated throughput of 720,000 TEUs this year, up from 650,000 TEUs in 2011. “This recognition by Nigeria’s maritime journalists is a great honor for our operation and for the nearly 1,000 Nigerians working at APM Terminals Apapa who have worked so hard to achieve this great success” stated APM Terminals Apapa Managing Director Dallas Hampton. Established in 1988, the purpose of the Maritime Reporters’ Association of Nigeria (MARAN) “is to objectively report activities in the shipping sector in totality and also the activities of all ministries, departments and agencies of government involved in the country’s import and export business”. With the investment of $200 million USD in new equipment and upgrades at Apapa since 2006, APM Terminals Apapa has eliminated vessel waiting times of up to 40 days common in 2006 - as yard expansions and other improvements have been implemented, raising productivity from 6 moves per hour to the current average of 24 moves per hour. APM Terminals CEO Kim Fejfer noted during a terminal visit last May that the Apapa operational standards have reached parity with European facility operations.
Employees at APM Terminals Mumbai achieved 500 Safe Days, without any Lost Time Injury (LTI), setting a record at the Jawaharlal Nehru Port (JNPT) at Nhava Sheva. APM Terminals globally lays a lot of emphasis on Safety at terminals and the Senior Management team at The Hague is actively involved in motivating employees to practice Safety at work. At APM Terminals Mumbai, it is always SAFETY FIRST! APM Terminals Mumbai accounts for nearly 44% of the throughput emerging from Nhava
APM Terminals Tangier, S.A. and the Akwa Group, a Casablanca, Morocco-based partner have announced the opening of Morocco’s newest container terminal to serve the global trade in Morocco and the Western Mediterranean market. Located on one of the most important shipping arteries, the terminal will offer importers and exporters a new gateway to world markets. Over 200 vessels a day pass through the Straits of Gibraltar as they transit on north-south and east-west liner trade routes
Five year, global agreement to work toward improved productivity and efficiency, land utilization, environmental sensitivity and public awareness of the container terminal industry APM Terminals and the Port of Rotterdam Authority announce the signing of a five-year agreement of
APM Terminals Lazaro Cardenas S.A. de C.V. to build & operate a new terminal on Mexico's Pacific coast. After winning a tender on December 15, 2011, APM Terminals Lazaro Cardenas S.A. de C.V. has now signed a 32-year concession contract with the Port Authority of the Port of Lazaro Cardenas (APILAC) for the design, financing, construction, operation, and maintenance of a new specialized container terminal at the port.
APM Terminals concluded a contract with Austrian-based crane manufacturer Hans Kuenz GmbH in combination with ABB of Sweden for an additional 22 Automated Rail-Mounted Gantry Cranes (ARMGs). The order will bolster the yard operation for Phase I of the new 2.7 TEU million annual capacity, deep-water Maasvlakte II terminal which will begin operations in November 2014. The 30-meter wide ARMGs will use a fully automated technologically advanced system to load and unload containers onto
Keeping an eye to its future, the Port of Tacoma has started a new waterway-deepening project that will assure that the Pacific Northwest's largest container port will continue to attract the world's largest container ships. "We already serve Maersk Sealand's S-Type container vessels -- the world's largest," said Jack Fabulich, President of the Port of Tacoma Commission, adding that these Maersk container ships, at 380 yards (347-meters)
APM Terminals Virginia officially opened its new $450m, 291-acre container terminal (on 576 acres of land) to serve customers in the Hampton Roads region. This maritime center, the third-largest container terminal in the United States, is capable of handling 1 million twenty- foot-equivalent units (TEU) annually and has the potential to expand to handle a capacity of more than 2 million TEU. The terminal will serve as an economic engine for new business in the region.
Measured by equity TEU, there is no change in the order & ranking of the top five international container terminal operators. PSA (Port of Singapore Authority) was again the leading operator in terms of equity TEU ahead of Hutchison (HPH), but by a much reduced margin following the divestment by PSA of its interests in HPH’s Hong Kong terminals. There is now a difference of only just over 4 million TEU in Drewry’s assessment of PSA and HPH’s equity TEU throughput.
APM Terminals container terminal in Rotterdam is crippled by a strike that has arisen following negotiations for the operation of a future terminal in the Dutch port city. The terminal operator's latest update is as follows: "Please be advised we are still suffering from wildcat rule-to-work actions and we cannot predict the duration of these actions. As a result of the actions, all operations are being delayed.
Port operator APM Terminals, a unit of Denmark's A.P. Moller-Maersk, said it would sell a big U.S. container terminal to infrastructure investor Alinda Capital Partners and a British private pension fund. The companies, in a joint statement on Tuesday
APM Terminals Izmir, Turkey, says the installation of new ZPMC container cranes in Petkim Port will allow shipping lines to upgrade the size of vessels calling at Izmir, in Western Turkey, as well as introduce direct calls from Asia, the sub-continent and the Middle East for vessels larger than 10
In its second quarter ended 30, June 2014 APM Terminals reports increases in both profits and container volume throughput. Highlights as follows: Profit in Q2 increased to USD 223m (USD 179m) supported by 8% volume growth throughout the portfolio
Greece's Piraeus Port (OLP) , the largest in the country, said its first-half net profit was almost unchanged from the same year-ago period, while sales fell. Piraeus Port, which is privatisation, is one of the busiest passenger ports in Europe
China's Cosco Group and five other investors have expressed interest in a majority stake in Piraeus port (OLP), the largest in the country, Greece's privatisation agency HRADF said on Monday. Cosco Group's initial interest for a 67 percent stake in OLP
Peru awarded a $182.4 million contract for the construction and operation of a maritime port to a consortium of Brazilian and Spanish companies, the government said on Wednesday. Consorcio Paracas beat out two other bidders on the project, including a local unit of APM Terminals
Due to shipper complaints about the length of time and cost of getting Indonesian goods to and from its home market, a new container terminal complex is being built near Jakarta which could transform the country’s economy, according to the latest report in Drewry's 'Container Insight Weekly'
CII-Institute of Logistics, as a part of its continuous endeavor in driving excellence and enable in sharing best practices in logistics and supply chain management organized the maiden Supply Chain And Logistics Excellence (SCALE) Awards on 21 & 22 May 2014 at Mumbai
Bigger container ships are resulting in much greater peaks in container terminal activity, which together with the ever larger combined volumes of bigger alliances, demands fewer, larger terminals in each port. Terminal operators are reacting by consolidating terminal layouts and ownership –
China's Cosco Group and four other suitors have been shortlisted as potential buyers of a majority stake in Piraeus Port Authority OLP, Greek privatisation agency HRADF said on Thursday. Greece is aiming for privatisation revenues of 1.5 billion euros this year by selling a stake in OLP and in
Adani Ports has acquired an interest in Dhamra Port, situated between the major ports of Haldia and Paradip. Its deep-water container terminal, if developed, will be a major threat to nearby Kolkata and Vishakhapatnam, considers Drewry Maritime Research in its latest Container Insight Weekly
Four STS cranes, the largest in their category, have been brought onshore at Algeciras port in Spain, and ready for to be commissioned. Inchcape Shipping Services (ISS) was recruited by ZPMC to moderate the break bulk carrier, Zhen Hua 25, and manage the discharge of her cargo in a safe and timely
The JOC Group’s latest study of port productivity data, covering the year 2013, retains APM Terminals Yokohama as the world’s leading container terminal in productivity with 163 container moves per vessel hour (MPH). Eleven facilities in the APM Terminals Global Terminal Network were
Four STS cranes, the largest of their type anywhere in the world, have been brought onshore, ready for commissioning, at Algeciras port in Spain. Inchcape Shipping Services (ISS), a world's leading maritime services provider, was drafted in by ZPMC to act as agents for the break bulk carrier
The North European ports of Rotterdam and Hamburg are experiencing significant congestion, an echo of the issues last seen around the world during the boom of the early/mid 2000s – before the global financial crash took over. The causes of the current congestion are numerous