APMT prepares for high growth markets

APM Terminals has designated high growth markets as priority investment areas APM Terminals has designated high growth markets as priority investment areas
Industry Database

APM Terminals is preparing to invest in high growth emerging markets such as Africa, Latin America and South and Southeast Asia, as industry projections reveal that capacity and congestion issues will boost container volumes.

Although global container volumes are not predicted to grow as rapidly over the next five years as they have over the past decade, high growth emerging markets will require higher levels of productivity and rely heavily on expanded inland services, according to Martin Gaard Christiansen, chief commercial officer at APMT.

Michael Kaasner Kristiansen, managing director of Inland Services for Latin America, APMT, said: “Latin America still has significant containerisation potential. Current portside infrastructure shortcomings can be compensated for through the increased use of inland container depots (ICDs), and enhanced port productivity and efficiency.”

In a bid to keep up, APMT is focusing its investment on productivity gains and infrastructure in these markets and is due to open Brasil Terminal Portuário at the Port of Santos this year. New terminal projects also underway include those in Moin, Costa Rica and Lazaro Cardenas, Mexico, as well as an extensive modernisation and expansion programme in Callao, Peru.

APMT says the movement of cargo such as soybeans, grains and sugar from Brazil and Bolivia, minerals from China and Peru and refrigerated products from Chile, Ecuador and Costa Rica, will continue to transition from break bulk and general cargo vessels to containerised liner trades as global trade patterns and economic growth continue to favour cross trade between emerging markets.

LATEST PRESS RELEASES

Jade Logistics leads Indonesian ports into a digital future

Christchurch, 06 July 2018 – PT Pelabuhan Indonesia I (Pelindo I) has chosen the terminal operating ... Read more

Gantrex has recently announced the launch of a whole new product category to its portfolio, the TrenchLok™ Cable Trench Cover.

Gantrex’ TrenchLok™ cable trench cover, efficiently and economically protects cranes’ power cables f... Read more

TGI Maritime Software launches «Hazardous» and «Yard Management» modules

TGI Maritime Software launches two complementary modules allowing yard optimization and hazardous co... Read more

Asia’s future energy needs on the agenda at Tank Storage Asia 2018:

Asia’s future energy needs on the agenda at Tank Storage Asia 2018: Read more

Portunus assumes dealership of Dana Spicer in Egypt

Portunus Naem, the Egyptian branch of Portunus Port Spares & services is appointed as official Dana ... Read more

Very first installations by new SFT Spanish office

Our new office in Spain is not even a year old and we already celebrate two successfully completed i... Read more

View all