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Read all the latest news about APM Terminals. ShippingWatch gives you independent, credible, critical and fair news.

Cosco's stake in Italian terminal to secure contracts for APM Terminals

Originally, China's Cosco was not meant to have a big owner's share of APM Terminals' new, large container terminal in Italy. But without the deal, it was not certain that the company would have become a customer, says the latter's CEO Morten Engelstoft, who expects more similar deals.

APM Terminals sells terminal in Rotterdam

A Dutch media reports that APM Terminals has sold one of its two terminals in Rotterdam to competitor ECT. This concerns the Maasvlakte I terminal, which has been rumored as up for sale for months.

APM Terminals appoints new global head of operations

APM Terminals has found its new operational head after Thursday's announcement that the current one will take the helm at the company's Gothenburg and Aarhus divisions, which are being merged into APM Terminals Nordics.

APM Terminals considers selling a Rotterdam terminal

APM Terminals allegedly considers selling the oldest of its two terminals in Rotterdam, sources inform analyst firm Alphaliner. Maersk declines to comment on the rumors but says that it is keeping its options open.

Port workers take APM Terminals to labor court

Swedish port workers organized in the Swedish Dockworkers' Union have taken APM Terminals to labor court. This is due to the protracted conflict between the two parties, which ended with a deal in the spring.

APM Terminals reaches agreement in port worker dispute

APM Terminals is one step closer to obtaining a crucial permit for Pier 400 in Los Angeles after the Maersk group's terminal company has reached a tentative agreement with local port workers, who fear losing their jobs to automation.

Deficit grows for Maersk's Russian port company

Global Ports, which APM Terminals owns a third of, has emerged from 2018 with a larger deficit than in 2017. The Russian container market is carrying out fundamental changes, says the company's CEO.

Maersk's core business grew in the third quarter

Maersk Ocean delivers an improved operating profit of USD 925 million in the third quarter, while the segment's revenue grew 32 percent. But the towering bunker prices still strain the business, says CEO Søren Skou.

Maersk sells container terminal in Turkey

APM Terminals is selling its container terminal in Izmir, Turkey, to Socar, the current partner in the terminal. The transaction is expected to be completed in the coming months as soon as the final approvals are settled.

Labor strikes are over but AMPT Gothenburg has far to go

Operational disturbances and major labor strike costs at APM Terminals in Gothenburg are a thing of the past. But the terminal still has some way to go before it fulfills its ambitions, Managing Director Henrik Kristensen tells ShippingWatch.

Maersk will present organizational overhaul next week

As ShippingWatch reported recently, Maersk Group is preparing a large-scale overhaul of organization, and this will likely be presented next week. According to Ritzau Finans, this will happen on Sept. 19. The organization is "on hold" right now, sources say.

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