APM Terminals – a little gem hiding in plain sight
A ‘blankety blank’ cheque book and pen…
Plans to expand the Maasvlakte II terminal in Rotterdam have been put on hold indefinitely, The Loadstar understands.
Sources with close ties to Rotterdam claim operator AP Møller-Maersk Terminals (APMT) has decided not to push ahead with its plans.
Inland consultant Gunther Ginckels told The Loadstar: “Deciding to postpone the expansion was very much an economic move. The costs of labour and materials have been pushed way beyond expectations, and moving ahead with the expansion would have taken the project way beyond budget.”
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