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APM Terminals dampens ambitions for South America

After several years of billion dollar investments in South and Central America, the region's economic conditions now make Maersk's terminal and port unit slow down its investment pace in the region, reports Danish media Berlingske.
Photo: PR-foto/APM Terminals
Photo: PR-foto/APM Terminals
BY JOHANNES HARTKOPF MIKKELSEN

An outlook characterized by declining commodities prices, increasing corruption and a recession has helped dampen APM Terminals' appetite for future acquisitions in South America, reports Danish daily Berlingske.

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