APM Terminals is not interested in hearing about declines in Global Ports, even though the Russian terminal company, of which the Maersk Group's port company owns a third, suffered a deficit of almost USD 200 million in 2014. From APM Terminals' point of view, Global Ports achieved a "strong" result, if one accounts for the economic and political conditions of Russia last year.
The chairman of the board at Global Ports, and vice president of APM Terminals, Tiemen Meester, tells ShippingWatch that the result - noticeably the bottom line operational result - is strong when considering the overall situation in 2014.
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