APL renews terminal lease at Port of Kaohsiung
American President Lines (APL) has renewed its terminal lease at Taiwan’s Port of Kaohsiung to help it develop in Intra-Asia.
The deal with Taiwan Branch and Taiwan International Ports Corporation will see APL retain its current terminal plot at the port for another 10 years from 1 January 2018 to 31 December 2027.
Nicolas Sartini, APL CEO, said: “Today, Intra-Asia container volume accounts for one-sixth of all containers moved globally. We see further growth prospects in this trade where APL is seeking to be a major player.
“Our terminal in the Port of Kaohsiung will therefore be strategic for our advancement in Intra-Asia where we are connecting the key markets of Japan, Korea, the Philippines, Thailand and Vietnam amongst others via the relay hub today.”
APL said in the months ahead it will be upgrading its terminal operating system to increase its operational capacity.
The 101-acre terminal is equipped to handle ships of up to 14,000 teus and has an annual capacity of 1.5m teus.
It operates two cargo berths with a linear quay length of 640m and draft of 15.2m and currently receives the vessels of APL and other carriers including CMA CGM.
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