Wednesday, October 12, 2011

Maersk Port Group Scoop Another Container Freight Terminal

APM Will Run Gothenburg Box Operation
Shipping News Feature

SWEDEN – DENMARK – Maersk subsidiary APM Terminals say the Hague based port management operator will take on responsibility for the Skandia Container Terminal at Sweden’s busiest harbour in a 25-year lease that includes investing $115 million in infrastructure improvements over the first five years. Gothenburg is the largest and busiest Nordic port and the only port in Sweden with the capacity to receive the world's largest cargo vessels with a 14.2 metre draft and also claims the broadest range of shipping routes within and outside Europe. The 24 -26 rail shuttles departing each day mean a direct, environmentally sound tie up with the 11,000 freight vessels calling annually.

APM will invest in three new Panamax cranes to help handle the throughput of 880,000 TEU’s which was the level achieved last year at Sweden’s busiest container hub and the concession from the Swedish Government still awaits formal approval with the transfer of management due to take place in the next four months. APM Terminals Europe Regional CEO, Martin Poulsen said of the new acquisition:

“Our vision is to continue strengthening Skandia Container Terminal’s position as a key trade gateway in Sweden and an economic generator for the country. We are committed to establishing world-class port standards and infrastructure. We have the scale and expertise to achieve this, and look forward to working with the Port of Gothenburg to make this a joint success.

“This is a good place to invest; projects like this enable us to grow national and regional economies. It underlines the value our port expertise delivers to governments and customers whose focus is on meeting their national and commercial objectives.”