Incoming APM Terminals CEO heralds acquisitions and investments

Maersk’s port company will seek concrete opportunities to make acquisitions and investments to ensure ”moderate growth” in the future following last year’s economic recovery, says APM Terminals’ next CEO, Keith Svendsen, to ShippingWatch. He will replace Morten Engelstoft come July.

Photo: APM Terminals

After five years of work to rectify operations at APM Terminals, completed last year, Maersk’s port operator means to spend the coming years developing its business through ”moderate growth,” says APM Terminals’ incoming chief executive officer, Keith Svendsen, in an interview with ShippingWatch.

Svendsen, 49, will take the helm as top executive of APM Terminals when current company CEO Morten Engelstoft, 55, retires at the end of June.

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