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Full APM ownership of of Terminals-Aarhus

Full APM ownership of of Terminals-Aarhus

02-07-2016 10:00:00


APM Terminals has reached an agreement with joint venture partner Aarhus Service Holding for the purchase of the remaining 40% of the existing APM Terminals-Aarhus A/S facility. Aarhus is the busiest port in Denmark.

“This acquisition reflects our confidence in the Danish market and our goal to expand our Scandinavia profile”, says Joe Nicklaus Nielsen, Vice President and Head of Port Investments for APM Terminals.

With a depth of 15 meters, four super post-Panamax cranes and three post-Panamax cranes, APM Terminals-Aarhus A/S is able to accommodate Ultra-Large Container Ships (ULCS) and feeder vessels alike.

Container throughput at Aarhus has grown consistently over the past four years by an aggregate total of 11% from 399,000 TEUs in 2012, to 442,000 TEUs in 2015, while many other European gateway ports have seen traffic stagnate or decline.

Source: APM Terminals


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