Europe

APM Terminals has brought in experts from the Qingdao Port Group to create a new joint venture for the APM Terminals Vado port project in Italy.

The European Commission is continuing to apply pressure on member states to reform stevedoring practices.

In a deal worth around US$1bn, APM Terminals has announced that it intends to buy the remaining 39% of Grup Maritim TCB bringing its ownership of the company to 100%.

APM Terminals is investing in new equipment for the new Vado terminal currently under construction on Italy’s Ligurian coast.

The Greek government has agreed deadlines for the privatisation of its two major ports, Piraeus and Thessaloniki, following its latest cash for reforms pay out.

New talks are set to take place today between Cyprus Transport Minister Marios Demetriades and port worker unions in a bid to avoid further industrial action later this month, local media reports.

APM Terminals is expanding its presence in Italy with the purchase of the Vado Ligure Reefer Terminal, the largest refrigerated terminal in the Mediterranean.

Grup TCB has bought up the Terminal Polivalente de Castellón (TPC) at the Port of Castellón, part of the operator’s strategic development and growth plan to consolidate its leading position in the…