APM Terminals to Sell Container Terminal in Virginia
Port operator APM Terminals, a unit of Denmark's A.P. Moller-Maersk, said it would sell a big U.S. container terminal to infrastructure investor Alinda Capital Partners and a British private pension fund. The companies, in a joint statement on Tuesday, did not disclose the price that Alinda and Universities Superannuation Scheme Limited will pay for APM Terminals Virginia, the deep-water terminal in Portsmouth, Virginia. The terminal, which APM describes on its website as the largest privately owned terminal in North America…
Alliance St. Louis at APM Terminals Virginia
On August 27, Alliance St. Louis, a Maersk Line, Limited (MLL) vessel, docked and loaded rolling stock cargo at APM Terminals Virginia, becoming the first roll-on/roll-off vessel to call the Portsmouth terminal since the container facility opened in July 2007. MLL and APM Terminals welcomed almost 40 U.S. military officials and guests to view Alliance St. Louis’ arrival and loading. “The terminal has an excellent setup for transporting vehicles, helping to improve transit times…
APM Terminals Opens in VA
APM Terminals Virginia officially opened its new $450m, 291-acre container terminal (on 576 acres of land) to serve customers in the Hampton Roads region. This maritime center, the third-largest container terminal in the United States, is capable of handling 1 million twenty- foot-equivalent units (TEU) annually and has the potential to expand to handle a capacity of more than 2 million TEU. The terminal will serve as an economic engine for new business in the region. New technology at the terminal is designed to keep workers and drivers safe, while expediting cargo movement through use of the newest, most advanced handling equipment. The highly efficient, “green design” of the facility incorporates energy-saving and emissions-conscious technology into the equipment and the terminal.
