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.
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.
The focus of investments for Terminals in 2022 was growing and modernising existing terminals. In 2022 and 2023, significant investments and upgrades will be implemented at nine existing terminals, for example, Los Angeles, USA, where an additional 62 automated hybrid straddle carriers were ordered in 2022.
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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.
APM Terminals will invest up to R$2.6 billion in the new container terminal and begin operations with an initial capacity of 400,000 TEUs, adding 55% more capacity in the port complex. Once all regulatory approvals have been obtained and the permits required to build the facility are issued, APM Terminals plans to finalize construction within 24 months, and expects the terminal to be fully operational by the end of 2025
APM Terminals has engaged in a strategic partnership with Vietnamese HATECO group for a project to develop two new deep-water berths at Lach Huyen port in Haiphong City located in the north of Vietnam.
The pioneering low-emissions Côte d’Ivoire Terminal (CIT) became operational in November 2022. Located adjacent to the existing Abidjan Terminal, it is the only terminal on Africa's west coast able to accommodate vessels with 16m draft, and enhances the competitiveness of the port with an additional 1.5 million TEU capacity.
In addition to a new terminal in Suape, Brazil, APM Terminals has committed an additional EUR666 (R$ 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.
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.
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.
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.