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APM Terminals rings the changes

08 Dec 2010
APM Terminals is taking a more selective tack when considering new investments

APM Terminals is taking a more selective tack when considering new investments

This year the formerly independent AP Moller-Maersk Container Inland Services unit was brought under the control of APM Terminals.

The integration of these 91 inland services business units into the APMT organisation is creating significant new business opportunities and has expanded the company’s resources and revenue considerably, says Tom Boyd.

The $1bn revenue Inland Services, which employs about 6,000 people in 60 countries, is divided into four categories – inland transport, cargo support, container lifecycle management and equipment maintenance.

“The natural synergies of these enterprises have created a very exciting environment with tremendous opportunities for organic growth in 2011,” says Mr Boyd.

During 2010, APMT acquired a 50% share of Brasil Terminal Portuario, a new 2.2m teu container terminal being built in Santos, and finalised a 25-year concession for operating the Liberian port of Monrovia. Although APMT is already the largest terminal operator in the West African region, this deal is significant for being the first 100% APMT-owned operation in Africa.

APMT is also completing work on the new Cai Mep International Terminal in Vietnam, for a January 2011 opening; expanding the joint venture Aqaba Container Terminal; progressing with the phase II expansion of the Suez Canal Container Terminal, where it is the majority shareholder; and modernising and expanding at Luanda, Apapa and Port Tanjung Pelepas.

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APM Terminals is taking a more selective tack when considering new investments

Unless otherwise stated, all images copyright © Mercator Media 2012. This does not exclude the owner's assertion of copyright over the material.




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