APM Terminals finalises Cartagena joint-venture

160115 Signing ceremony Gabriel Echavarria and Joe Nicklaus Nielsen photo 3 (3)

By LoadstarEditorial

21/01/2016

APM Terminals and Colombia-based port and terminal operating company Compañia de Puertos Asociados SA (Compas) have finalised the incorporation of Cartagena Container Terminal Operator (CCTO), a joint-venture to manage and operate Compas’s multipurpose facility in Cartagena. APMT will hold a 51% share in the operation, which includes annual throughput capacity of 250,000 teu and 1.5 million tons of general cargo.

Read more...

Comment on this article

You must be logged in to post a comment.

Topics

APM Terminals Cartagena Takeover Talk bpost Staci

Most read news

Etail by air – here to stay or on a short shelf life?

HMM sees opportunities in Hapag-Lloyd’s exit from THE Alliance

Hong Kong drops out of world's top 10 busiest container ports

How crazy is this: DSV goes hostile on Expeditors or CH Robinson?

Capture of MSC Aries will further drive up Indian export costs

Carriers look to short-term gains over blanking, as Red Sea crisis props up rates

Cargo flows through Dubai delayed by flooding, with 300 flights cancelled

The rise and rise of China's ecommerce platforms

Liners unveil Asia-Europe FAK price hikes to arrest steady rate decline

Another strong month for US ports as container flows continue to rise

EXCLUSIVE: Kuehne + Nagel shockwaves in APAC

Sustainability concerns don't show on shippers' procurement radar

Forwarders: can an airline do without them? An age-old debate airs

Legal battle heats up over 'unseaworthy' and 'reckless' MV Dali

Evergreen clients signing transpac contracts as Red Sea crisis props up rates

For forwarders, 'a hot Q4' will be all about controlling air cargo capacity