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Peru's Muelle Norte, or North Dock on the right, is among APM's targeted terminals. Exports to Asia are quickly increasing in Latin America. Executives at APM Terminals, one of the world’s top port operators, said they are investing heavily in Latin America because the region’s pace of growth in container traffic trails only China. [...]  Consortium APM Terminals Callao is due to begin operating the Muelle Norte terminal at Peru’s Callao port by July 1. National port authority APN has until July 11 at the latest to transfer operations from national port company Enapu to the consortium, state news agency Andina reported. APM is confident they will complete investments in [...] The election's impact on the Port of Callao is still unknown, though Humala has said he opposes private concessions of the docks. DP World and APM Terminals have brought foreign management to the port. Peru’s benchmark stock index plunged 12.5% Monday. Investors rushed for the exits on fears that the country’s next president, populist [...] Costa Rican port workers in Moín and Limón have announced they will go on strike in the coming days to protest against the privatization of dock operations, website Nacion.com reported. “They want to rent equipment for Moín while operating on the terminal of APM Terminals, and then they will take the equipment and leave the [...] Under the terms of the contract signed Thursday, APMT will invest $749 million to update and expand the existing facility into a modern multi-purpose terminal serving general, roll-on, roll-off, breakbulk and containerized cargos as well as cruise ships. The new APMT concession in Peru is part of its strategy to focus new terminal investments in [...] Over 300 dockworkers at APM Terminals in the Spanish port of Algeciras on Monday stopped work to protest a wage cut announced by the terminal-operating arm of A.P. Moller-Maersk. The dock unions plan to stage a dozen 24-hour stoppages on selected days of the month, alleging that the company is demanding salary reductions of over [...] APM Terminals is considering investing in a new Baltic Sea port in the Kaliningrad region of Russia, according to Russian government press material. The press material indicated that the terminal-operating arm of A.P. Moller-Maersk is looking at an investment in the port at Baltiysk for which the total investment budget is seen at over $3.5 [...] Global ocean container traffic reached an all-time high of 560 million 20-foot equivalent units in 2010, driven by surging volume at Chinese ports, according to Alphaliner. This followed a record year-on-year increase of 14.5 percent over 2009, when the first annual drop in the history of containerization shrunk overall port traffic 8.9 percent, the Paris-based [...] Two months after a Valentine’s Day accident damaged one of two new $9 million cranes at APM Terminals Virginia in Portsmouth, the cranes sit idle as lawyers and engineers sort through the aftermath. The mishap has delayed the date when the Virginia Port Authority would begin making full lease payments on APM’s facility. The Port [...] APM Terminals moved into the fast expanding Black Sea container market with the acquisition of a majority stake in Georgia’s Poti Sea Port. The company bought an 80 percent stake in Georgia’s biggest port from Ras Al Khaimah Investment Authority of the United Arab Emirates. From the Journal of Commerce [English Summary: In this article, called “Judge dismisses suspension of Moin dock concession,” a Costa Rican judge throws out the request of a banana growers group to nullify the concession of public docks to APM Terminals.] El juez contencioso administrativo Daniel Aguilar no encontró un grado “suficientemente alto” de razones que justifiquen que no se [...] Patents on APM Terminals' FastNet cranes have been filed in 17 nations and the 27 member countries of the European Union. The winning FastNet crane technology developed by APM Terminals enables STS gantry cranes to simultaneously work adjacent bays of large container ships, effectively doubling crane productivity. The cranes are similar to existing upper [...] [ENGLISH SUMMARY: For the past year, the ILWU Coast Longshore Division has assisted the democratically elected leaders of the Costa Rican dockworkers union SINTRAJAP, led by Ronaldo Blear, in fending off attacks from the Costa Rican government and global terminal operators. Today the membership of SINTRAJAP overwhelmingly re-elected Blear in an internationally monitored union election. [...] |
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