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Poti Sea Port News

13 Feb 2020

APM Terminals Poti in Expansion Mode

International container terminal operating company APM Terminals said that its Poti Seaport Terminal in Georgia has re-initiated the process of obtaining the necessary permits with a firm intention to build the new deep-water multipurpose port in Poti.APM Terminals submitted application to the Technical and Construction Supervision Agency to obtain the permit for land usage for construction of the new deep-water port in Poti. This is initial stage of the three-stage formal procedure for construction permit issuance.As APM Terminals has clearly stated in recent discussions with the Government of Georgia, the company is fully committed…

04 Feb 2020

Georgian Port of Poti Mulls New Project

The international container terminal operating APM Terminals said that its port of Poti has presented its plans for the creation of a deep-water port to the Government of Georgia.The plans require an investment of over 250 million USD of private capital for phase 1 and a substantial amount for phase 2 in an extensive development of the port infrastructure and superstructure.“This investment in the strategically important port of Poti is a proof of our commitment and belief in Georgia and the development of a transport corridor that stretches into Central Asia,” explained Keld Christensen, Managing Director of APM Terminals Poti.“The…

15 Aug 2019

APM Terminals Poti Begins 24/7 Operations

APM Terminals Poti, the largest port in Georgia, has commenced the implementation of uninterrupted 24/7 operations to maximize berth utilization, increase efficiency and speed up vessel handling.The implementation of a flexible workforce management solution will take place in two phases. Phase one will apply to single berth occupancy. The workforce currently allocated to the free berth will be assigned to the operational berth to cover break times and support a smooth and uninterrupted workflow.The second phase, which will apply when both berths are occupied, is expected to be fully implemented in Q4 2019. In this case, an external, flexible workforce will be applied to speed up the vessel handling process.This flexible concept also means that…

10 Jan 2019

APM Terminals Makes Progess in Poti Sea Port Expansion

In Georgia, APM Terminals Poti and Poti New Terminals Consortium have submitted a conceptual design for a first stage construction permit for the expansion of the Poti Sea Port.The plans were received by the Ministry of Economy and Sustainable Development of Georgia., said a release from international container terminal operating company headquartered in The Hague, Netherlands.“After high-level and in-depth negotiations with authorities, cargo owners, equity partners and financial institutions we concluded that Poti will continue as the prime access to the Caucasus and the Central Asian markets. We believe that we have the skills, ability and expertise to contribute to the economy of Georgia by persisting in our journey to further develop the Poti Sea Port…

12 Jan 2018

APM Terminals Poti to Build Cargo Terminal

APM Terminals Poti and Poti New Terminals Consortium signed a Memorandum of Understanding (MOU) for a USD 100 million dollar investment in a new bulk cargo terminal that can process 1.5 million tons of dry bulk cargo annually and generate new trade opportunities for customers in the Georgian transit corridor. The new terminal is expected to be built on APM Terminals Poti land and infrastructure and will entail the construction, development and operation of a new breakwater, dry bulk cargo terminal and related infrastructure to serve bulk cargo customers. Poti New Terminals’ expertise will design, develop and manage the dry bulk cargo terminal to today’s world-class port standards.

03 Jun 2015

APM Terminals Reaffirms Poti Mega-Port Plans

Speaking at the 4th Annual Black Sea Ports and Shipping Conference 2015 on May 29th on the subject of Black Sea Ports as agents of economic growth for the region, APM Terminals Poti Deputy Managing Director Joseph Crowley discussed the advantages of Poti Seaport as the prominent gateway for Black Sea, Mediterranean and Central Asian trade. “While recent World Bank economic growth forecasts for the broader Caucasus region have been reduced, APM Terminals is committed to our ongoing investment in Poti Seaport to anticipate and satisfy the future demand potential” said Mr. Crowley, adding “this infrastructure investment into the port will help make future gateway volume growth possible, a major factor in Georgia’s growing presence as a global trading partner”.

13 May 2011

APM Terminals 30-Yr Callao Terminal Concession

Terminal Muelle Norte at Peru’s largest port is the latest of three expansions into new areas won by APM Terminals this year. Lima, Peru- The new 30-year concession contract for the development and operation of Terminal Muelle Norte at the Port of Callao was signed today by Peruvian President Alan Garcia and representatives of APM Terminals and local partner Central Portuária S.A.C. in the Presidential Palace in Peru’s Capital City of Lima. “Our vision is to transform Terminal…

21 Apr 2011

APM Terminals Expands into Eastern Black Sea Port

APM Terminals Poti in Georgia is Europe’s newest gateway to the Caucasus and Central Asia, projected to be among the pace-setters ineconomic development and trade growth. Poti, Georgia – In line with APM Terminals investment strategy in high growth markets, the company has announced the acquisition of an 80% share in Poti Sea Port, which is located on Georgia’s Black Sea coast. The shares have been bought from Ras Al Khaimah Investment Authority (RAKIA) of the United Arab Emirates.