AGT will be one of Turkey\u2019s largest container and general cargo terminals will be operated entirely by APMT under a concession agreement for a period of 28 years, with an option to extend this.<\/p>\n
The initial capacity of the new terminal will be 1.5m teu, 50% more than the capacity of the current city port of Izmir.<\/p>\n
Petkim Port, which is located in the petrochemical complex in Nemrut Bay, will offer 15.5m water depth and access to Turkey\u2019s high growth petrochemical market.<\/p>\n
Kim Fejfer, CEO, APMT, said: \u201cTurkey is a very important high growth market which we are pleased to enter together with strong and well respected business partners such as Petkim Petrokimya Holding AS. We look forward to establishing a long term presence in Turkey and applying our customer and safety focus into further developing the Izmir area into a key strategic logistics centre.\u201d<\/p>\n
The terminal will be constructed by Petkim, but under the company\u2019s technical and operational requirements.<\/p>\n
The initial investment for the container terminal is around US$400m, with further investments depending on market demand.<\/p>\n
Operations are expected to start in summer 2015.<\/p>\n","protected":false},"excerpt":{"rendered":"
Global terminal operator, APM Terminals (APMT) and Turkish petrochemical company, Petkim, have signed an agreement to create a new container and general cargo terminal, Aegean Gateway Terminal (AGT) at Turkeys Petkim Port.<\/p>\n","protected":false},"author":8,"featured_media":8758,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15],"tags":[],"sponsor":[],"class_list":["post-8757","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-europe"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/8757","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/comments?post=8757"}],"version-history":[{"count":1,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/8757\/revisions"}],"predecessor-version":[{"id":8759,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/8757\/revisions\/8759"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/media\/8758"}],"wp:attachment":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/media?parent=8757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/categories?post=8757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/tags?post=8757"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/sponsor?post=8757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}