Port of Salalah expansion on track to further reduce port stay by year end
With the arrival of the final four of ten supersized ship-to-shore cranes this week, the Port of Salalah’s USD 300 million expansion plan remains on track.
Purposeful Growth
As part of our Safer, Better, Bigger strategy that will lead us to be the World's Best Terminal Company, we believe in growing our global presence in a purposeful way. We will upgrade and modernise our existing terminals and invest in new greenfield container terminals where we have operational control.
We aim to be “Bigger” by growing where it makes sense for our business and our customers.
This will enable us to bring our strategy to life and support our communities by turning ports and terminals into gateways that serve as hubs for commerce, innovation and sustainability.
Investment Highlights
The focus of investments for Terminals in 2022 was growing and modernising existing terminals. In 2022 and 2023, significant investments and upgrades were implemented at nine existing terminals, for example, Los Angeles, USA, where an additional 62 automated hybrid straddle carriers were commissioned.
APM Terminals ramps up capacity with agreements for 240 pieces of container handling equipment
APM Terminals has made milestone investments for five of its terminals in Latin America, Africa and Europe to be ready to serve the customers of the future.
Port of Tanjung Pelepas inks deals for 11 ULCV capacity quay cranes
Port of Tanjung Pelepas Sdn Bhd (PTP), a joint venture between the MMC Group and APM Terminals in Malaysia, has signed an agreement with Shanghai Zhenhua Heavy Industries Co Ltd (ZPMC) for the purchase of five ultra large container vessel (ULCV) Quay Cranes.
APM Terminals Maasvlakte II places record order for 62 Gantry Cranes
APM Terminals Maasvlakte II has signed a contract for 62 Automated Rail Mounted Gantry Cranes (ARMGs) with Austrian crane builder Kuenz.
APM Terminals Callao receives environmental approval to commence development works
The General Directorate of Environmental Affairs (DGAAM) of the Ministry of Transport and Communications (MTC) has approved the approach to environmental management at APM Terminals Callao.
Second phase of Tema Port Expansion dubbed “New Era in Ghana’s maritime industry”
In a historic moment for Ghana’s maritime landscape, the second phase of the Tema Port Expansion Project was officially launched on 15th November by President Nana Addo Dankwa Akufo-Addo.
Maasvlakte II, Netherlands
A EUR 1 billion investment in APM Terminals Maasvlakte II in Rotterdam will expand the existing terminal by approximately 47.5 hectares with 1,000 metres of deep-sea quay. The expansion will increase the terminal's capacity by approximately 2 million TEU (standard size for containers). Completion is expected in the second half of 2026.
Rijeka Gateway, Croatia
In November 2021, APM Terminals (51%) and Enna Logic (49%) signed a concession agreement to design, construct and operate a state-of-the-art container terminal, Rijeka Gateway, on Croatia's North Adriatic coast. The Rijeka Gateway will developed in two phases, with phase one due for completion in 2025. Once completed, the terminal will have a 680m long berth and be able to serve vessels up to 24,000 TEUs.
Suape, Brazil
APM Terminals will invest up to R$2.6 billion in the new container terminal and begin operations with an initial capacity of 400,000 TEUs, adding 55% more capacity in the port complex. Once all regulatory approvals have been obtained and the permits required to build the facility are issued, APM Terminals plans to finalize construction within 24 months, and expects the terminal to be fully operational by the end of 2025
Strategic partnership, Vietnam
APM Terminals has engaged in a strategic partnership with Vietnamese HATECO group for a project to develop two new deep-water berths at Lach Huyen port in Haiphong City located in the north of Vietnam.
Abidjan, Côte d’Ivoire
The pioneering low-emissions Côte d’Ivoire Terminal (CIT) became operational in November 2022. Located adjacent to the existing Abidjan Terminal, it is the only terminal on Africa's west coast able to accommodate vessels with 16m draft, and enhances the competitiveness of the port with an additional 1.5 million TEU capacity.
Brazilian Terminals
In addition to a new terminal in Suape, Brazil, APM Terminals has committed an additional EUR666 (R$ 3.6 billion) of investment to the company’s four other terminals and inland depots, by 2026. A large share of this, around EUR285 million, is allocated to Brasil Terminal Portuário, Santos.
Mobile, USA Expansion
APM Terminals Mobile will add 32 acres to the current 134 acre container terminal yard to keep pace with future demand, creating one million TEU throughput capacity that is approved to handle 14,000 TEU ships. The $104 million terminal expansion began at the end of 2022. A $60 rail infrastructure project will also double rail capacity in 2023.
SCCT, Eqypt Expansion
As part of a USD 500 million investment deal, the Suez Canal Container Terminal will add an extra 955-metre berth and an additional 510,000 m2 container yard to the already existing 2,400 meter berth and 1.2 million m2 yard.
Callao, Peru
In November 2022, in an Addendum to the Concession Contract, APM Terminals committed to an investment of more than US$1.2 billion in the Port. To date, more than US$500 million has already been invested, including US$25 million to speed up container operations in February 2023.