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APM Terminals

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APM Terminals B.V.
Company typeSubsidiary
IndustryTransportation
Logistics
Founded2001
HeadquartersThe Hague, Netherlands
Area served
Worldwide
Key people
Keith Svendsen (CEO)
ServicesContainer terminals
Port management
RevenueUS$4.13 billion (2017)
OwnerA.P. Moller-Maersk
Number of employees
22,000 (2022)
Websiteapmterminals.com

APM Terminals is a port operating company headquartered in The Hague, Netherlands. A unit of Danish shipping company Maersk's Transport and Logistics division. It manages container terminals and provides integrated cargo and inland services, operating 74 port and terminal facilities in 38 countries on five continents. They currently have five new port projects in development, including over 100 inland services. The services include providing container transportation, management, maintenance, and repair in 38 countries. In 2018, APM Terminals was ranked the world's fifth-largest container terminal operator.[1]

History

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The company's history in terminal operations began a half-century ago with the first Maersk facility, which opened in Brooklyn, in the Port of New York in 1958 to handle general cargoes. In 1975, the group established the Port Authority of New York and New Jersey's first dedicated container terminal, at Berth 51 at Port Elizabeth, New Jersey.

APM Terminals was founded as the port and terminal operating unit of Copenhagen, Denmark-based A.P. Moller - Maersk Group in January 2001. In 2004, APM Terminals moved its headquarters from Copenhagen to The Hague, Netherlands.

The company provides services to more than 60 shipping lines with an integrated global port and container terminal network with interests in 60 facilities and three in development, in 30 countries on five continents.[2] In 2023, APM Terminals generated USD 3.8 billion in revenue. The company’s 22,000 employees serviced more than 27,000 vessel calls and moved 21.7 million containers at both its hub and gateway terminals. As of April 2024, it operated 60 ports and terminals, located in 30 countries.

Terminal Expansions

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The following terminals recently completed capacity expansions or are currently under development to increase capacity and efficiency:

APM Terminals Lázaro Cárdenas, Mexico: Phase II expansion started in 2023. This will increase capacity by one million TEUs.

APM Terminals Tangier MedPort, Morocco: One million TEU expansion delivered in 2023, together with electric equipment, shore power, and auto mooring.

Port of Salalah, Oman: One million TEU expansion underway, with completion expected in 2025.

APM Terminals Maasvlakte II, Rotterdam, the Netherlands: Doubling of annual capacity currently underway with completion expected in 2027.

Poti Sea Port, Georgia: Expansion will commence in 2024. The first stage includes a breakwater of 1,700m and a 400m multipurpose quay with 13.5 m depth able to handle dry bulk cargo and an incremental 150,000 TEUs. The second stage will double the annual container capacity at Poti Sea Port to over 1 million TEU.

Terminal Divestments

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In 2022, APM Terminals divested its 30% share in the EUROGATE Container Terminal Wilhelmshaven, Germany, and Sogester container terminals in Luanda and Namibe, Angola. In 2023/2024, APM Terminals divested its operations in Castellón, Spain; Nouakchott and Nouadhibou, Mauritania; Cotonou, Benin; and Conakry, Guinea. The concession agreement for APM Terminals Itajai, Brazil was not renewed in 2023.

Decarbonization

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In 2022, APM Terminals made an industry-leading commitment to be fully net-zero by 2040, and to reduce its scope 1 and 2 emissions by 65% by 2030 compared to 2022.[3] Scope 1 are emissions generated while carrying out business activities, whereas scope 2 covers indirect emissions from purchased energy.

Between 2022 and 2023, APM Terminals reduced its absolute scope 1 and 2 emissions by 13%. Additionally, 40% of electricity demand (as of 2023) was procured from renewable resources.

In 2023, APM Terminals and DP World[4] published a joint white paper[5] emphasizing the importance of electrified container handling equipment to speed up the decarbonization of the industry.

In 2023, to speed up the adoption and understanding of battery electric container handling equipment, APM Terminals commenced a US$60 million electrification pilot programme at the Aqaba Container Terminal, APM Terminals Barcelona, APM Terminals Mobile, Pier 400 Los Angeles and Suez Canal Container Terminal.

APM Terminals also established the Zero Emission Port Alliance[6] during COP28 – an industry-wide strategic coalition with the goal of accelerating container handling equipment electrification.

Business Operations

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  • Three new terminals commenced operation in 2017: APM Terminals Lázaro Cárdenas (Mexico); APM Terminals Izmir, Turkey; and APM Terminals Quetzal, Guatemala.
  • In March 2016 APM Terminals completed the $1 billion acquisition of Spanish-based Grup Maritim TCB's port and rail interests. The acquisition added 8 terminals with a combined 2 million TEU equity-weighted volumes to the APM Terminals Global Terminal Network.
  • Meridian Port Services, a joint venture between APM Terminals, Bolloré Africa Logistics, and the Ghana Ports and Harbours Authority, have formalized an agreement to invest $1.5 billion in a new deep-water 3.5 million TEU port and logistics hub in Tema, Ghana.
  • Sogester Namibe, an APM Terminals joint venture, signed a 20-year concession to operate, maintain and develop the Port of Moçâmedes in southern Angola, in May 2014. Sogester Container Terminal has been operating at Port of Luanda, the primary port of Angola, since 2007.
  • Global Ports, Russia's largest terminal operating company, in which APM Terminals holds a co-controlling share, completed the acquisition of NCC, Russia's second-largest terminal operating company in December 2013.
  • In February 2013 APM Terminals and Turkish-based Petkim announced the finalization of plans to develop APM Terminals Izmir near the Port of Izmir, Turkey. The 15.5 meter deep facility opened in 2016 under a 28-year concession, with an initial annual throughput capacity of 1.5 million TEUs.

Current New Terminal Development

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In 2023, the company won a concession for building and operating a container terminal in the Port of Suape, Brazil.[7] Other projects:

Expansions and Upgrades of Existing Facilities

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Sustainability

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APM Terminals’ sustainability initiatives and performance are divided into four core areas: Health, Safety, and Security; Environment; Responsible Business; and Social Responsibility. Significant gains or new major initiatives have been achieved or implemented in each performance category.[according to whom?]

There were 141 Lost-Time Injuries (LTI) recorded in the APM Terminals operating portfolio in 2017[according to whom?]. This was the lowest number of LTI ever achieved by APM Terminals. The LTI frequency rate (LTIF) for the year was 1.62 per million man-hours worked, slightly higher than the 1.52 recorded in 2016. There were also three fatalities at APM Terminals facilities during the year. A new incident reporting tool was launched across all APM Terminals locations globally in the fourth quarter of 2017. The new tool greatly improves our ability to analyze our data and gain more insight into eliminating risk by utilizing data-driven decisions on where to focus attention going forward.[citation needed]

In 2018, we continue to work to improve our environmental performance specifically and to develop global environmental standards and guidelines. In the area of greenhouse gases and other emissions, APM Terminals has set a goal of a 25% reduction in CO
2 output, as measured from the base year of 2010. APM Terminals signed a two-year, €5 million ($6.23 million) contract with Amsterdam-based NV Nuon Energy for the supply of environmentally sustainable wind-generated electricity to power the new APM Terminals Maasvlakte II cranes and container handling equipment. The new deep-water terminal, which was officially inaugurated in April 2015, is the world's first container terminal to generate zero greenhouse gases and particulate emissions as compared with diesel-powered terminal machinery. The contract term began on January 1, 2015.[citation needed]

APM Terminals has embarked on a program to convert and retrofit more than 400 Rubber-Tire Gantry Cranes (RTGs) in use throughout the APM Terminals global port, terminal, and inland services network to a combination electric and diesel power as a measure to reduce both costs and emission of carbon dioxide (CO
2) from the current diesel-powered RTG fleet. RTGs, which are used to move loaded and unloaded containers at the terminals, are usually powered by diesel engines. The new power supply will be a combination of electricity and diesel, utilizing a busbar- a rail providing access to electrical power. Recent technological advances have made such a hybrid power option possible for RTGs. The use of E-RTGs will reduce CO
2 emissions by between 60-80% compared with conventional diesel-powered RTGs, which will result in overall terminal CO
2 emissions decreasing by 20% per TEU handled. The retro-fitting of the majority of the existing 400-unit APM Terminals RTG fleet will eliminate 70,000 tons of CO
2 emissions annually.[8]

See also

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References

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  1. ^ "Annual Review of Global Container Terminal Operators 2018", Drewry Shipping Consultants Ltd.
  2. ^ "What we do - APM Terminals". www.apmterminals.com. Retrieved 2024-10-06.
  3. ^ "Climate change". www.maersk.com. Retrieved 2024-10-06.
  4. ^ "Ports and Terminals | Container Port and Terminal | DP World". www.dpworld.com. Retrieved 2024-10-06.
  5. ^ "The Case For Electrified Container Handling - APM Terminals". www.apmterminals.com. Retrieved 2024-10-06.
  6. ^ "ZEPA – Zero Emission Port Alliance". www.zepalliance.com. Retrieved 2024-10-06.
  7. ^ Labrut, Michele (2024-06-17). "APM Terminals to invest $45m in Suape infrastructure". www.seatrade-maritime.com.
  8. ^ "Archived copy". Archived from the original on 2015-07-05. Retrieved 2015-07-04.{{cite web}}: CS1 maint: archived copy as title (link)
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