APMT to manage Aqaba
APM Terminals has signed a two-year agreement to manage and develop Aqaba Container Terminal (ACT), Jordans only box-handling facility, which registered a throughput of 320,000TEUs in 2003. This award was almost certainly prompted by shipping lines levying congestion surcharges on containers offloaded at the port. Those arriving from the Far East are faced with a $300 surcharge, while ex-US or Europe boxes pay an additional $475 to offset increasing waiting times.
APM Terminals has signed a two-year agreement to manage and develop Aqaba Container Terminal (ACT), Jordans only box-handling facility, which registered a throughput of 320,000TEUs in 2003. This award was almost certainly prompted by shipping lines levying congestion surcharges on containers offloaded at the port. Those arriving from the Far East are faced with a $300 surcharge, while ex-US or Europe boxes pay an additional $475 to offset increasing waiting times.