APM's new office to focus on Southeast Asian and Indian Sub- continent markets for its port terminal operations
APM Terminals will expand its presence in the Asia-Pacific market, which now accounts for nearly one out of three TEUs (by equity share) handled in the APM Terminals Global Port, Terminal and Inland Services Network, by opening a new regional headquarters office in Singapore, allowing the Shanghai office to concentrate on China and Japan.
“The new regional headquarters in Singapore will enable us to focus on the terminals that we manage and operate in Southeast Asia and the Indian Sub-continent, with the intent of continuing to improve our operational performance for the benefit of our customers. The new office will likewise focus on business development within South and Southeast Asia, working closer with customers to jointly unlock value” stated APM Terminals CEO, Kim Fejfer.
APM Terminals currently has interests in 18 operating facilities in Asia in six countries, which handled 10.6 million TEUs (weighted by equity share) last year, representing 31.6% of the company’s total container volume. APM Terminals also operates an extensive network of Asian Inland Services operations in India, Pakistan, Thailand, Malaysia, Vietnam, the Philippines, Taiwan and China.