Sign up for our FREE newsletter
Receive FREE Newsletter
Advanced Search
+

APM Terminals finalises Cartagena joint-venture

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

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.

    Related Stories

    Topics

    APM Terminals Cartagena Takeover Talk DB Schenker M&A radar private equity

    Most Read

    Container freight rates: 'collapse' is the word, says Xeneta

    Worker no-shows force US west coast port terminal shutdowns

    Cargo shifts back to US west coast ports, but some has gone for good

    Hapag-Lloyd CEO bullish on prospects for a peak season

    'Alarming signals' as airfreight capacity rises and rates fall

    Digital forwarders back in the spotlight: can they compete?

    Major box lines still fighting over diminishing supply of smaller ships

    Hapag-Lloyd kicks off its ship demolition programme

    Evergreen and Wan Hai face up to bearish market as profits tumble

    FedEx pilots win ‘tentative agreement’ on new contract after strike threat

    'Keep 'em peeled' alert as drug smuggling into Europe's ports increases

    Slower demand, but US warehouse rents rise in 'tight and expensive' market

    Congress mulls raft of supply chain bills – but one is missing, say BCOs

    The vertical challenge in logistics – Marseille vs Copenhagen (Berlin wins?)

    India cuts red tape as it aims to become the 'repair capital of the world'

    Bitter airline battle over carrying US mail heats up in the Pacific