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 [...]
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
With 23 operating terminal operations and development projects worldwide, International Container Terminal Services Inc. is setting its eyes next on Africa where it does not have a presence.
Edgardo Q. Abesamis, executive vice-president, said: “We’re looking at Africa because of trade… That continent is waking up and is joining international trade. People are investing there. [...]
NOTE: The following news predates this week’s presidential elections in which the front runner to replace Alan Garcia opposes the Muelle Norte concession.
The concession of the Muelle Norte terminal at Peru’s Callao port shows that Peru has the world’s confidence despite the upcoming presidential elections, Peruvian President Alan Garcia said.
Dutch-based port operator APM [...]
A dockers’ union won recognition from global terminal operator APM Terminals (APMT) in Port Said, Egypt, after two days of strike action.
Workers at the Suez Canal container terminal, owned by APM Terminals, took strike action on 27 February in protest over management’s refusal to negotiate with the union committee. The [...]
Unionists from throughout Latin America and the Caribbean tell ENAPU president (Mario Arbulu Miranda) that dockers in the port of Callao have their full support
Dockers’ unionists have pledged to build strong unions in new terminals to end the attack on working conditions across Latin America and the Caribbean.
The unionists made the promise [...]