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Maersk inaugurates $460 million container terminal in Mexico

Danish shipping firm Maersk inaugurated on Tuesday a $460 million container terminal in the Mexican port of Lazaro Cardenas. The ceremony to open the terminal was presided over by Mexican President Enrique Peña Nieto and Danish Prime Minister Lars Løkke Rasmussen.

Constructed by APM Terminal, the Danish firm’s port division, the terminal encompasses 47 hectares (about 118 acres) and will handle 1.2 million containers per year with cranes capable of simultaneously moving two 40-foot containers.

More at the Latin American Herald Times

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