The Hague, Netherlands - APM Terminals has completed the USD 1 billion acquisition of Spanish Grup Maritim TCB’s port and rail interests. APM Terminals has yet to receive approval for three of 11 terminals under Grup Maritim TCB, but has decided to move ahead with the acquisition, as the remaining terminals constitute less than 5% of the value of the acquisition. The acquisition thus adds 8 ports with a combined 2 million TEU equity-weighted volumes to APM Terminals, expanding the network to 72 operating ports, across 69 countries.
Peel Ports Group announces today that it has completed the acquisition of Great Yarmouth Port Company Limited (GYPC) from International Port Holdings for an undisclosed sum.
Metrans, an intermodal subsidiary of Hamburger Hafen und Logistik AG (HHLA), further expands its position in Central and Eastern Europe. The Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó, Chairman of HHLA’s Executive Board Klaus-Dieter Peters and Metrans Managing Director Peter Kiss today laid the foundation stone for a new railway hub terminal in the Hungarian capital, Budapest. It’s location makes it the ideal interface between the seaports of Northern Europe and South-Eastern Europe. Metrans and HHLA thereby further strengthen their hinterland network and improve connections to a key European growth region.
EUR 150 million investment planned.
4 STS Cranes and 14 ARMGs ordered for Spring 2017.
New 800,000 TEU annual capacity deep-water terminal opens January 2018, providing new logistics alternatives for Western Europe.