ShippingWatch

APM Terminals to expand in Jordan

During the next four years Jordan and Iraq will experience a combined GNP growth rate of 8 percent. This development leads APM Terminals to expand Aqaba Logistics Village in Jordan

Photo: APM Terminals

APM Terminals plans to expand its activities in Aqaba in Jordan, where the company is operator on the container terminal that has strings to the countries by the Red Sea, says APM Terminals in a corporate statement.

The International Monetary Fund (IMF) estimates that Jordan and Iraq will see a combined GNP growth of 8 percent in the period from from 2014 to 2018, and this forms a strong basis for expanding the supply chain activities of subsidiary Aqaba Logistics (ALV) in order to meet the demand from importers and exports.

Read the whole article

Get 14 days free access.

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

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Ørsted wants Maersk as customer in green methanol project

Energy company Ørsted has just bought 45 percent of Swedish Flagship One, which is set to produce green methanol for the shipping industry as of 2024. Ørsted's head of hydrogen wants Maersk as customer in the large scale project, he tells ShippingWatch.

Singapore names its biggest bunker suppliers

TFG Marine, a bunker company founded by two John Fredriksen-controlled carriers and commodity trader Trafigura, is among the five biggest bunker suppliers in Singapore in 2021. See the list here.

Record number of ships passed through Suez in 2021

Despite the blockage in the Suez Canal during spring of last year, the crucial waterway set a record for the number of ships passing through in 2021, reports Bloomberg. The canal is expected to complete an expansion by the middle of next year.

Further reading

Related articles

Latest news

See all jobs