APM Terminals denies favorable Maersk Line prices

Maersk-owned port company APM Terminals distances itself from Alphaliner's analysis, which stated that Maersk Line pays less than other carriers.

Photo: Maersk Line

APM Terminals rejects Alphaliner's notion that a smaller operating margin in the Maersk-owned port business can be explained through the fact that Maersk Line, as the biggest customer, pays smaller tariffs, says Alphaliner in its newsletter on Tuesday.

The analyst agency has performed a 2013 mapping of various terminal operators' operating margins, which in the case of APM Terminals came to 20.6 percent compared to a global average of 41.3 percent among 16 operators. The low operating margin stands in stark contrast to Maersk Line's dominant leading position compared to other container carriers, a fact that - according to Alphaliner - can be explained by, among other things, the lower tariffs Maersk Line pays to use APM Terminals.

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