APM Terminals: We believe in the US
When politicians in the state of Virginia in 2013 rejected a billion-dollar offer from APM Terminals to operate the potentially huge container port on the US East Coast, they also waved goodbye to a billion-dollar profit.
BY OLE ANDERSEN
When the US state of Virginia in 2013 declined to privatize the large and natural deepwater port on the US East Coast, the decision marked the de facto opening salvo of APM Terminals' efforts to leave Virginia - a port that is considered by many to hold a big potential in light of the new and bigger generation of container ships, along with the coming expansion of the Panama Canal in 2015.
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