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APM Terminals faces increased competition in Los Angeles

The port authorities in Los Angeles have approved an expansion of a terminal run by Eagle Marine Services. The major competitor to APM Terminals thereby doubles the terminal’s capacity to 3.2 million TEU.

BY AKTIEFOKUS

APM Terminals can expect further competition on the American west coast in the country's largest port in Los Angeles. The port authorities have just approved the final environmental report and have thereby also approved the entire expansion of APL Global Gateway South terminal, which is run by Marine Services, writes Journal of Commerce.

The terminal will be expanded to encompass 3.2 million TEU compared to the current capacity of 1.64 million TEU, and it is estimated that the expansion will cost $196 million. Apart from the increased capacity, the terminal will also become more environmentally friendly as it has been agreed that from 2017, 70 percent of APL Liners container ships which call at the port must use current from the quay while they lying the port. This number must be increased to 95 percent by 2026.     

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