Press releases

  • APM Terminals to divest Zeebrugge share, Agreement signed with COSCO SHIPPING Ports for sale of 76% majority holding in Belgian port facility.

    To our valued customers and business partners, 

    APM Terminals and Hong Kong-based COSCO SHIPPING Ports Limited (“COSCO SHIPPING Ports”), a subsidiary of China COSCO Shipping Corporation Limited (“COSCO SHIPPING”), have reached an agreement on the key terms of the proposed sale of APM Terminals’ 76% majority shareholding in the existing APM Terminals Zeebrugge container terminal to COSCO SHIPPING Ports. The acquisition will bring COSCO SHIPPING Ports’ shareholding in the 1 million TEU annual capacity terminal in Belgium’s second-busiest container port to 100%. As part of the transaction, APM Terminals has proposed to buy back 25% of the Shanghai International Port Group (“SIPG”) shares and will then sell them together with APM Terminals’ own 51% stake in Zeebrugge to COSCO SHIPPING Ports. Further details of the transaction have not been disclosed which is subject to customary regulatory approvals - expected to take three to four months for completion.

    APM Terminals opened the Zeebrugge terminal in October 2006 and later sold a 24% share to COSCO SHIPPING Ports in 2014.  COSCO SHIPPING and its alliance partners have become the major customers of the port with a long term interest to grow port volumes. “Our decision to divest Zeebrugge reflects our portfolio strategy to focus on long term core assets.  We believe COSCO SHIPPING Ports is the right long-term owner of the Zeebrugge facility and will continue to grow the port for customers, employees and the Zeebrugge stakeholder community,” stated Wim Lagaay, Head of APM Terminals USA and Europe Portfolio, based in The Hague, Netherlands.   

    COSCO SHIPPING operates the world’s largest shipping fleet by tonnage.  COSCO SHIPPING Ports is a co-shareholder and strategic partner in several operations within the APM Terminals global terminal network, including the Suez Canal Container Terminal, in Egypt, and Qingdao Qianwan Container Terminal (QQCT) and Guangzhou South China Oceangate Container Terminal (GOCT) in China. In October 2016, COSCO SHIPPING Ports acquired a 40% share in the deep-water APM Terminals Vado terminal project under construction in Vado, Italy.

    What does this mean for your business?

    Fundamentally, there will be no change on our commercial and operational strategies as APM Terminals Zeebrugge is a common user facility with a strong track-record of serving alliances and shipping lines successfully with berth and quay crane productivity.

    Our commercial value proposition will strengthen with the new owner and expected volumes:

    Ideal market access to the Central Europe consumer market
    • Belgium 10 million.
    • Northern France 20 million.
    • Germany, Austria, Switzerland, Czech 40 million.
    • Feeder, barge, rail, truck service.
    • Client-focused solutions and relationships with top 20 lines
    • Close access to main shipping routes, allowing better transit times  
    • Deepwater access for today’s largest ships.  
    • No congestion at water- and landside.
    • 7 Super Post Panamax Cranes with reach of 23+1, 9 tiers high above deck.
    • 2 dedicated RMG’s for all rail operations.
    • 784 reefer plugs.
    • Well-trained, flexible, stable labor.

    Your business is important to us and please do not hesitate to contact us should you require any additional information.

    Nancy van Osselaer
    APM Terminals Zeebrugge, Commercial
    Nancy.Van.Osselaer@apmterminals.com
    Mobile: +32473923024
    September 11 2017 Read more
  • APM Terminals Elizabeth welcomes record-setting 14,400 TEU capacity CMA CGM Theodore Roosevelt, Largest container ship to call the Port of NY/NJ and pass under the newly raised Bayonne Bridge.

    Port upgrades at APM Terminals Elizabeth targets ships of the future and focuses on beneficial cargo owner needs. 



    Elizabeth, New Jersey USA -The 14,400 TEU capacity CMA CGM Theodore Roosevelt became the largest container ship to call the port of New York and New Jersey when it arrived at the APM Terminals Elizabeth container terminal today. The ultra-large container ship also established a new record as the largest vessel to pass under the raised roadbed of the Bayonne Bridge, which now gives air draft clearance to vessels of up to 18,000 TEU capacity.

    Until recently, container ships calling the Port of New York & New Jersey were mainly of the 5,000-8,000 TEU size class. The previous record for the largest vessel to call at APM Terminals Elizabeth was 9,600 TEUs.

    A welcoming ceremony was held at the terminal hosted by APM Terminals included leaders from CMA CGM, the Port Authority of NY/NJ, elected officials, importers, exporters, ILA leaders and other industry executives.  

    APM Terminals Chief Commercial Officer Henrik Lundgaard Pedersen said “The ships of the future are here today and we want to recognize the Port of NY/NJ, CMA CGM and our APM Terminals Elizabeth team for bringing the future to the present. We are proud to play a central role in helping our customers keep pace with the changing needs of the shipping industry and investing in the port infrastructure essential to port productivity and the supply chains of the future.” 
     
    The CMA CGM Theodore Roosevelt was invited by the Port Authority of NY/NJ to formally inaugurate the newly modified Bayonne Bridge as part of its maiden voyage to the US east coast. The $1.6 billion project, completed in June, raised the bridge roadbed by 64 feet (19.5 meters) to 215 feet (65.5 meters), enabling ultra-large container ships to call terminals on the Newark Bay on the New Jersey side of the port’s inner harbor.

    The CMA CGM Theodore Roosevelt, launched on July 28th, in Yangshan, China, is undertaking a historic maiden voyage on the Ocean Alliance South Atlantic Express (SAX) service linking Shanghai, Ningbo, Yantian and Hong Kong to Savannah, Charleston and Norfolk on the US East Coast. On August 22nd, it became the largest vessel, at 1,200 feet (366 meters) in length, and 158 feet (48 meters) wide, to transit the recently enlarged Panama Canal locks.  

    APM Terminals Elizabeth is being redesigned for the future with an extensive modernization project that will be completed in 2018. The 350-acre facility is in the midst of a $200 million infrastructure investment program that will equip APM Terminals Elizabeth with the capabilities required to remain on the forefront of the anticipated increase in ultra-large container ships into the global fleet and the US trade lanes. 

    Berth reconstruction and additional berths with dredging to 50 feet will create extra  berth spaces to operate at least three upgraded ships alongside simultaneously. Four new gantry cranes with a 23 container reach will be added and a new, state-of-the-art truck gate complex will be constructed in previously unused terminal area, eliminating any construction zone impact to current operations. 

    Jeremy Ford, Head of Commercial for APM Terminals North America added “What will set this facility apart is that these capabilities we are building are being conceived not only with our steamship line customers in mind, but also with our landside customers in mind. APM Terminals Elizabeth will provide service and reliability in a manner that puts the needs of our various customers, including the landside customers in the beneficial cargo owner (BCO) and trucking communities, at the center of everything we do.” 
      

    Media Contact:
    Tom Boyd, Head of Media Relations 
    APM Terminals
    The Hague, Netherlands
    +31 61 272 5696
    Thomas.H.Boyd@apmterminals.com
    September 07 2017 Read more
  • APM Terminals sells Paranagua port share, Paranagua, Brazil – APM Terminals announced the sale of its 5% share in Terminal de Contêineres de Paranaguá (TCP) to China Merchants Port Holdings today. The share sale was initiated and led by Advent, who is the controlling shareholder of TCP. Price and terms were not disclosed and the share sale is subject to the normal reviews and condition precedents. In March 2016, APM Terminals had acquired the 5% share in TCP as part of the Grup Maritim TCB acquisition. 

    In Brazil, APM Terminals maintains a strong port and landside offering to supply chains with ports in Itajai, Pecem and Santos that are integrated with inland services in Itajaí, Itapúa and Paranagua. Strategy-wise, the 5% share sale in Paranagua is deemed a small share in a port that is not operated or owned by APM Terminals and the exit reflects the company’s broader portfolio management strategy to focus on core assets and divest non-core assets.

    Contact:

    Tom Boyd, Head of Media Relations
    APM Terminals
    The Hague, Netherlands
    Tel +31–61–272–5696
    Thomas.H.Boyd@apmterminals.com
    September 04 2017 Read more
  • CMIT Welcomes Prime Minister of Vietnam,

    APM Terminals, Vietnam National Shipping Lines and Saigon Port Joint Venture increased container throughput by 70% in 2016

    Cai Mep- Vietnam’s Prime Minister Nguyen Xuan Phuc visited Cai Mep International Terminal (CMIT) on July 21st, becoming the first container terminal in the Cai Mep area, part of Saigon Port, to receive the Vietnamese Head of State. Prime Minister Phuc was welcomed by CMIT acting Managing director Nguyen Xuan Ky, who expressed the facility’s appreciation to the Vietnamese national and provincial governments, and the Vietnamese Ministry of Transport for supporting policies which have led to the success of the deep-water port complex.

    Located in Vietnam’s Ba Ria‚ÄźVung Tau Province, southeast of Ho Chi Minh City, formerly known as Saigon, CMIT is currently the only terminal in Vietnam capable of accommodating larger, deep-draft vessels. In February the terminal handled a successful a trial call by the 18,300 TEU Triple E-Class Margarethe Maersk. CMIT is a joint venture between APM Terminals, which holds a 49% share, Vietnam National Shipping Lines, with a 36% share, and Saigon Port, with a 15% share. The terminal handled 1.21 million TEUs in 2016, reflecting a throughput increase of approximately 70% over 2015’s container throughput. 

    Discussions with the Prime Minister included plans to dredge the Cai Mep channel to 15.5 meters, the improvement of road and railway connections to interior points from the port complex, and cooperation with other Cai Mep-area terminals to create a global transshipment hub.

    Vietnamese ports handled a combined 11.2 million TEUs in 2016, representing an annual growth rate of 6%. Saigon Port area facilities handled 5.6 million TEUs last year, and now rank 24th globally by industry analysts Alphaliner. Vietnam has been among the fastest-growing economies in Asia, expanding by 6.1% in 2016, with the IMF projecting GDP growth of 6.5% for 2017.

    Contact:
    Tom Boyd
    APM Terminals
    Head of External Communications
    The Hague, Netherlands
    Tel +31–70–304–2181
    Thomas.H.Boyd@apmterminals.com

    September 01 2017 Read more
  • U.S. Secretary of Labor R. Alexander Acosta visits APM Terminals Pier 400 Los Angeles,

    ILWU and PMA leadership are also in attendance for facility tour.

    Los Angeles, California USA - APM Terminals Pier 400 Los Angeles hosted U.S. Secretary of Labor R. Alexander Acosta today, as he toured the world’s largest proprietary container terminal, and met with leadership officials of the International Longshoremen and Warehouse Union, (ILWU) and the Pacific Maritime Association (PMA) as his first official visit to an American port operation since being confirmed as a member of the Trump Cabinet in April this year. The Port of Los Angeles is America’s busiest container port, with traffic through the first seven months reflecting a 9.5% growth rate over last year’s port record of 8.8 million TEUs handled.

    Jim McKenna, CEO of the PMA and ILWU Vice President Ray Familathe addressed the group following welcoming remarks by APM Terminals Pier 400 Managing Director Steven Trombley, and Port of Los Angeles Executive Director Gene Seroka. Secretary Acosta also met with representatives of the PMA, which negotiates and administers maritime labor agreements with the ILWU on behalf of its 78 member companies, which include shipping lines, terminal operators and stevedores. This includes the ILWU contract which includes approximately 14,200 longshore, clerk and foreman workers at 29 ports on the US West Coast, encompassing port operations from Southern California to the U.S. Pacific Northwest. In July, the ILWU membership voted to extend their current contract with the PMA for three years, assuring smooth labor relations at the U.S. West Coast port facilities through July 1st 2022.

    At 484 acres, APM Terminals Pier 400, which opened in 2002, is the largest single private container terminal in the world. The 65-acre on-dock rail facility, including intermodal yard and storage tracks, and five miles of working track can accommodate four double stack trains simultaneously. Container throughput at the Pier 400 terminal was 2.64 million TEUs in 2016.

    “We are proud to welcome Secretary Acosta to Pier 400, which is continuing to lead the Port of Los Angeles in the innovation and infrastructure required for the newest generations of Ultra-Large Container Ships linking the U.S. and Asia” stated Pier 400 Managing Director Trombley.

    In May 2016, a contract was signed to raise the height of 10 STS cranes by 33 feet, which at completion will be the largest terminal cranes in use in the Western Hemisphere. The CMA CGM Benjamin Franklin became the largest container ship ever to call a North American port when it docked at APM Terminals Pier 400 Los Angeles on December 26th, 2015. During 2016, the Port of Los Angeles handled 40 vessel calls of container ships of 13,000 TEU capacity and above.

    Contact:
    Tom Boyd
    APM Terminals
    Head of External Communications
    The Hague, Netherlands
    Tel +31–70–304–2181
    Thomas.H.Boyd@apmterminals.com

    August 24 2017 Read more
  • APM Terminals celebrates 10 years in Morocco,
    APM Terminals Tangier celebrates 10 years in Morocco with the Munich Maersk, the largest ship calling an African port.

    Tangier, July 28, 2017 - APM Terminals Tangier welcomed the Munich Maersk, one of the world’s largest container vessels, as it made its maiden call to celebrate the 10th anniversary of the largest and most modern terminal facility in North Africa. 

    APM Terminals Tangier is one of the most important transfer points of global trade. In addition to handling Moroccan import and export cargo, the terminal manages and transfers cargo for onward destinations in Africa, Latin America and beyond. Tangier's strategic location and state of the art facilities provides easy accessibility to cargo vessels sailing between the Atlantic Ocean and Mediterranean Sea.

    The Munich Maersk is one of the largest vessels in the Maersk Line fleet, and second in a series of Maersk Line’s improved Triple-E class. With capacity to hold 20,000 containers, the vessel is the largest container ship to call a port in Africa as part of a regular rotation.

    “We are delighted to welcome this latest addition to Maersk Line’s fleet in Tangier, just as we celebrate 10th anniversary of our operations. This is yet another confirmation of the strategic importance of APM Terminals Tangier as not only the gateway to Morocco, but as a leading transhipment hub in the region”, says Hicham El Alami, Chief Operating Officer at APM Terminals Tangier.

    Since starting operations in July 2007, APM Terminals Tangier volume has grown 72%, to handle more than 1.7 million containers per year. The terminal operates at highest levels of energy efficiency and has reduced its CO2 emissions by 30% since 2009. 

    To ensure future competitiveness, the terminal recently acquired two super post Panamax cranes, to serve giant vessels like the Munich Maersk. This brings the total number of cranes in operation at the terminal to ten. Investments in elevating more cranes to serve even larger vessels in the future are underway, which will further cement Morocco's place as an important orchestrator of global trade. 

    “With this maiden call of Munich Maersk to Tangier, we have yet another opportunity to celebrate our good cooperation with the city, the port and APM Terminals,” added Marcos Hansen, Maersk Line’s Managing Director in Western Mediterranean. As the latest addition to our modern fleet, this new vessel continues our commitment to serve our customers in Morocco and around the world in an even more efficient, environmentally-friendly and sustainable way.”

    With a high focus on operational efficiency and safety, APM Terminals Tangier has a strong track record in providing high quality services to customers and has become an employer of choice in the country. Furthermore, the terminal team takes pride in partnering with the community to provide a variety of education, sport and social economic programs.


    About APM Terminals

    APM Terminals is a leading global port and cargo inland services provider with a presence in 59 countries providing the world’s most geographically balanced global terminal network with 76 operating port and terminal facilities, five new port facilities under construction, and an inland services network spanning 103 operations at 89 locations in 38 countries. Headquartered in The Hague, Netherlands, the company works with shipping lines, importers/exporters, governments, business leaders and the entire global supply chain to provide solutions that help nations achieve their ambitions and businesses reach their performance goals. For more information: www.apmterminals.com

    About Maersk Line

    Maersk Line is the world’s largest container shipping company, known for reliable, flexible and eco-efficient services. Part of A.P. Moller – Maersk A/S, headquartered in Copenhagen, Denmark, Maersk Line operates 630 container vessels providing ocean transportation to all corners of the world. Every day, 7,600 Maersk Line seafarers and 22,400 land-based employees at 306 offices in 114 countries share their expertise with customers around the world to optimize their supply chains, maximize their distribution networks and most of all realize their business potential. Maersk Line is devoted to creating simple and reliable solutions for customers, continuously lifting industry standards and enabling global trade in the most sustainable manner possible. For more information: www.maerskline.com 

    About Munich Maersk
    Length overall: 399 metres
    Beam (breadth): 58.6 metres
    Height (above baseline): 75.7 metres
    Height (above waterline): 59.7 metres
    Draught: 16 metres
    Main engine: MAN B&W
    Nominal capacity: 20 568 TEU (twenty-foot-equivalent-unit)
    Reefer capacity: 1 000 plugs
    Standard crew: up to 28
    Builder: Daewoo Shipbuilding & Marine Engineering (DSME), Korea
    Flag state: Denmark


    Contact:

    APM Terminals
    Juliane Lenzner, Head of Communications, APM Terminals,
    Juliane.lenzner@apmterminals.com; Telephone: +31 65 706 08 78 
    Amal Eddouieb, Communication & CSR Partner, APM Terminals Tangier,
    Amal.Eddouieb@apmterminals.com; Telephone: +212 5 31 06 11 17

    Maersk Line
    Marko Mihajic, Regional Communication Manager, Europe, Maersk Line
    Marko.Mihajic@maersk.com; Telephone: +48 22 541 42 68

    July 28 2017 Read more

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