27/03/2013at 10:42

APM Terminals: Disappointing decision in Virginia

The decision by the majority of the Port of Virginia’s top management to not privatize the port is disappointing, states APM Terminals.

BY KATRINE GRØNVALD RAUN

“APM Terminals is disappointed with the decision of the Virginia Port Authority (VPA) Board of Commissioners announced today”, writes APM Terminals in a brief statement.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

Access all locked articles
Receive our daily newsletters
Access our app

Get full access for you and your coworkers

Start a free company trial today

Port of Virginia declines Maersk’s billion-dollar bid
For subscribers
Smedegaard downplays expectations for Virginia
For subscribers
APM Terminals' Virginia bid criticized
For subscribers

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Front page now

Carriers

Weco Shipping lands yet another record profit: "It has been a great year"

The group, which is owned by the Danish baron Johan Wedell-Wedellsborg, has managed to double its bottom line in 2022.

For subscribers

Joe Nielsen, partner at A.P. Møller Capital. | Foto: A.p. Møller Capital

Logistics

APM Capital acquires South African logistics company

For subscribers

Logistics

Maersk chair on investor criticism: "I get the feeling that ATP also will ask about it next year"

For subscribers

Foto: Marvin Ibo G'ng'r/AP/Ritzau Scanpix

Logistics

Media: Divestment of DB Schenker unlikely to finish before 2024

For subscribers

Archival image. Does not show the ships in question. | Foto: Euronav

Tanker

Euronav vessel accused of loading Iranian oil

For subscribers

Tanker

Major stakeholder sells off Torm shares after share rally

Major shareholder got his new Maersk board in place despite criticism

Former CEO of Adidas Kasper Rørsted was elected for Maersk’s board despite criticism of an ”error” on his resumé. Chair Robert Mærsk Uggla is certain of the decision.

For subscribers

A new political intervention against low pay on ferries on the English Channel could inspire other countries to instate their own demands to carriers, says Danish Shipping. | Foto: John Sibley/Reuters/Ritzau Scanpix

Regulation

Shipowners fear wide-ranging consequences of law against low wages

Danish Shipping and ECSA both worry about the tendency of local demands to carriers. DFDS agrees cautiously but is happy to see British intervention.

For subscribers

Vincent Clerc (left), CEO of Maersk, and Chairman Robert Mærsk Uggla during Maersk's digital general assembly. | Photo: Pr-foto

Offshore

Clerc considered other solutions than selling Maersk Supply Service to main shareholder

Maersk Chair Robert Mærsk Uggla confirms that he was not involved in Maersk’s divestment of Maersk Supply Service to the Maersk family’s holding company, A.P. Moller Holding.

For subscribers