APM sells Aliağa terminal stake

Aliağa Izmir container terminal The Aliağa Izmir container terminal features a 700m quay and 42 hectares of terminal area. Credit: APM Terminals
Industry Database

APM Terminals has sold its stake in the Aliağa Izmir container terminal in Turkey to its partner Socar but will continue to operate the terminal.

No change in operations or employment is planned at the facility, to be called Petlim Container Terminal, which Socar will now own 100% of and which APM Terminals said “is better suited to further develop the terminal.”

“APM Terminals and SOCAR have agreed that we will continue to manage the container terminal in the same way as we have done from the beginning. There will be no change in operations nor services,” stated Leo Huisman, head of terminals Europe at APM Terminals.

The Aliağa Izmir terminal was completed at the end of 2016 and features a 700m quay and 42 hectares of terminal area, enabling an annual capacity of 1.3m teus.

Maersk Line, SeaLand, Safmarine, Hamburg Süd and other carriers will continue to call at the terminal.

A long-term contract, which is still subject to customary approvals, will take effect post-change of ownership, and is expected to be concluded by the end of the year.

In the past year APM Terminals has sold its stake in a Zeebrugge terminal to Cosco and ended its interest at the Port of Paranagua in Brazil.



Warrenpoint Port has commissioned a new crane and has commenced the refurbishment of two other crane... Read more

Bigger share of modal split envisaged for inland shipping in the Baltic Sea Region

A vision for inland waterway transport (IWT) in the Baltic Sea Region as well as means to strengthen... Read more

QTerminals reaches new container and cargo handling milestones in record time

Over two million containers and five million tonnes of cargo handled Read more

Bendezu Port Equipment delivered two GOTTWALD HMK 6407 B from BELGIUM to SPAIN

Bendezu Port Equipment GmbH, an international trading company offering second-hand port equipment, h... Read more

ShibataFenderTeam is a member of PIANC Working Group “Guidelines for the Design of Fender Systems”

ShibataFenderTeam looks forward to the fruitful exchange with all WG members and trusts that the out... Read more

CIRCLE S.p.A.: continues its growth abroad with a new cooperation with Bulgarian Ports Infrastructure Company.

Circle S.p.A. (“Circle”), a Company leading its own Group specialized in process and management cons... Read more

View all