||The lead section of this article may need to be rewritten. (January 2016)|
|Headquarters||The Hague, Netherlands|
|Kim Fejfer (CEO)|
|Revenue||US$4.45 billion (2014)|
Number of employees
APM Terminals is an international container terminal operating company headquartered in The Hague, Netherlands. It is one of the world's largest port and terminal operators as well as providing cargo support and container Inland Services, and is the largest port and terminal operating company in terms of overall geographic scope. It operates a Global Terminal Network with interests in 63 operating port and terminal facilities in 38 countries on five continents, with seven new port projects in development, as well as over 130 Inland Services operations providing container transportation, management, maintenance and repair in 39 countries. CEO Kim Fejfer was appointed to the Executive Board of the A.P. Moller-Maersk Group, the parent company of APM Terminals, in January 2011.
APM Terminals Rotterdam tied for first place among European terminal operations with 101 MPH, a performance which also merited a three-way tie for 16th place among the global terminal productivity leaders. APM Terminals Los Angeles was the highest ranking port for productivity in North America, with 92 MPH. Within the JOC Group’s “Europe, Middle East and Africa” grouping, The Port of Salalah, Oman; and NTB North Sea Terminal Bremerhaven, in both of which APM Terminals is a shareholder, tied for fifth place with 96 MPH. In productivity while working vessels of over 8,000 TEU capacity, Qingdao Qianwan Container Terminal (QQCT) tied for first place globally, with 157 MPH.
The company's history in terminal operations began a half century ago with the first A.P. Moller facility, which opened in Brooklyn, in the Port of New York in 1958 to handle general cargoes. In 1975 the group established the Port Authority of New York and New Jersey's first dedicated container terminal, at Berth 51 at Port Elizabeth, New Jersey.
APM Terminals was established as an independent terminal operating company within the Copenhagen, Denmark-based Maersk Group in 2001. In 2004, APM Terminals moved its headquarters to The Hague, Netherlands. Today the company provides services to more than 60 shipping lines with an integrated Global Port, Terminal and Inland Services Network with interests in 70 port facilities, and cargo support services at more than 130 locations, in 58 countries around the world.
- Meridian Port Services, a joint venture between APM Terminals, Bolloré Africa Logistics, and the Ghana Ports and Harbour Authority, have formalized an agreement invest USD 1.5 billion in new deep-water 3.5 million TEU port and logistics hub in Tema, Ghana.
- Sogester Namibe, an APM Terminals joint venture, signed a 20-year concession to operate, maintain and develop the Port of Namibe in southern Angola, in May 2014. Sogester Container Terminal has been operating at Luanda, the primary port of Angola, since 2007.
- Global Ports Investments, Russia's largest terminal operating company, in which APM Terminals holds a co-controlling share, completed the acquisition of NCC, Russia's second-largest terminal operating company in December 2013.
- In February 2013 APM Terminals and Turkish-based Petkim announced the finalization of plans to develop APM Terminals Izmir near the Port of Izmir, Turkey. The 15.5 meter deep facility is scheduled to open in 2015 under a 28-year concession, with an initial annual throughput capacity of 1.5 million TEUs.
- On September 10 APM Terminals announced the acquisition of a 37.5% stake in Global Ports, Russia's largest box terminal operator, with the transaction to be finalized by the end of the year. APM Terminals will become a partner in the existing Global Ports container terminals in St. Petersburg and Vostochny Port, as well as container terminals in Helsinki and Kotka, Finland and an Oil Terminal in Tallinn, Estonia.
- On August 1 APM Terminals formally signed the 32-year concession contract awarded in 2011 by the Port Authority of the Port of Lázaro Cárdenas (APILAC) for the design, financing, construction, operation, and maintenance of a new specialized container terminal on Mexico's pacific coast.
- On June 15 APM Terminals signed an agreement with the Ningbo Port Group for a 25% share in a joint venture to develop and operate three new berths at the Meishan Container Terminal in China's third-largest container port
- On February 13 a "Heads of Terms" agreement was signed for the operation of a new container terminal to be constructed at Aliağa, Turkey near the City of Izmir on the Aegean Coast with Turkish-based Petkim Petrokimya Holding A.Ş. ("Petkim"); further negotiations are in progress.
- On January 4 APM Terminals assumed formal management and operational control of Skandia Container Terminal, now operating as APM Terminals Gothenburg, Sweden.
- In December 2011 APM Terminals was named the winner of a 32-year concession to design, build and operate a new deep-water terminal (TEC2) at the Port of Lázaro Cárdenas, on the Pacific coast of Mexico.
- APM Terminals was awarded the Skandia Container Terminal Concession at the Port of Gothenburg, Sweden. Gothenburg, with container throughput of 800,000 TEUs in 2010 is the busiest containerport in Scandinavia.In January 2012 operations will begin under APM Terminals Gothenburg.
- APM Terminals acquired an 80% share in Poti Sea Port, Georgia, located on Georgia's Black Sea coast. The shares were purchased from the Ras Al Khaimah Investment Authority (RAKIA) of the United Arab Emirates.
- Operations began at Terminal Muelle Norte in the Port of Callao, (now APM Terminals Callao) the largest containerport on the West Coast of South America under a 25-year concession agreement.
- In March 2011 APM Terminals was awarded a 33-year concession for the development and management of the new Moin Container Terminal at Port Moin, Limón, Costa Rica.
- A 25-year concession agreement was concluded between APM Terminals and the Government of Liberia for the modernization and operation of the Port of Monrovia. This will be the first 100% APM Terminals ownership of a facility in Africa. Operations began on February 1, 2011.
- APM Terminals has taken a 50% shareholding in Brasil Terminal Portuário, (BTP), a company created for the construction and operation of a new container terminal at the Port of Santos, Brazil. The 2.2 million TEU annual capacity facility with a depth of 15 meters is scheduled to be operational by mid-2013.
- At the Port of Aarhus, Denmark, the APM Terminals Aarhus facility and the adjacent Cargo Service terminal will be merged into a single port complex with one contiguous deepwater berth and set of gates, optimizing operational synergies of improved use of land, equipment and buildings. The new company will be called APM Terminals Cargo Service A/S.
- APM Terminals assumed full ownership of Mobile Container Terminal, at the Port of Mobile, Alabama USA in July in a transaction with French-based CMA-CGM terminal operating division Terminal Link, which acquired APM Terminals’ majority holding of the Nord France Terminal International (NFTI) at the Port of Dunkirk.
- The Aqaba Container Terminal (ACT) announced a terminal expansion project in December 2009, including a 460-meter (1,509 ft) extension of the quay, which will increase annual container throughout capacity to 2 million TEUs when fully completed and equipped. With planned quayside depth of 17 meters (56 ft) and a wharf length of 1,000 meters (3,281 ft), Jordan's sole container port will become an increasingly important shipping hub for the Middle East and Levant.
- On October 16, 2009 APM Terminals officially opened a new EUR 12.5 million power distribution network at the APM Terminals Rotterdam facility . Energy required for 13 gantry cranes, 2,250 refrigerated container units, lighting and other needs is now supplied by wind-powered electricity generation, reducing CO2 emissions at the terminal by 45% per year. The electricity is sourced from two locally constructed windmill farms at Hagenwind in Aalten and De Landtong in Rotterdam. APM Terminals Rotterdam, one of the busiest terminals in Europe, and the APM Terminals Global Terminal Network, has a throughput capacity of 2.7 million TEUs annually.
- The new Africa, Middle East & Indian Subcontinent Regional Head Office was opened in Dubai in September 2009 to provide leadership and management support for the company's very diverse regional interests. The activities in 13 ports in the region include services to container shipping lines, bulk, general cargo and cruise line operators. APM Terminals is also a provider of marine services and acts as a port authority. The service offerings include rail services, training centers with state‐of‐the‐art crane simulators, and real estate leasing of offices and warehousing around the ports.
- In July 2009 new rail shuttle service was introduced from the Port of Aarhus to the Danish capital of Copenhagen. The new service offers shippers a five-hour transit time and frequency of up to three departures a week.
- APM Terminals announced in May 2009 that it will participate with the Bolloré Africa Logistics consortium which has been selected to develop a new deepwater container terminal at the Port of Pointe Noire in the Republic of the Congo. Plans call for expanding the current 17 hectares (42 acres) facility to 38 hectares (94 acres) with the annual throughput capacity of 300,000 TEUs to be doubled within eight years. The new terminal will be able to accommodate vessels as large as 7000 TEU capacity.
- In April 2009 APM Terminals Bahrain opened the new 1 million TEU capacity Bahrain Gateway facility at Khalifa bin Salman Port, adjacent to the new Bahrain Logistics Zone, with four post-Panamax cranes with 18-stack outreach, 1,800 meters (5,906 ft) of berth and a 15-meter (49 ft) draft.
- The 350,000 TEU Mobile Container Terminal opened on November 6, 2008 in the Port of Mobile, Alabama, USA. A joint venture between APM Terminals, Terminal Link, a division of CMA CGM, and the Alabama State Port Authority, the new facility represents an investment of $300 million USD. Plans call for the expansion of the terminal to 800,000 TEU capacity.
- APM Terminals assumed operational and management responsibility for Ceará Terminal Operator (CTO) the stevedoring and container terminal operating company at the Port of Pecém, in Northern Brazil in April 2008. APM Terminals is the majority shareholder of the enterprise, with Unilink Transportes Integrados, of Brazil, holding the minority stake. The terminal provides stevedoring services to MSC, Maersk Line, Mercosul, CCL and Maruba among other shipping lines and local customers. Overall container throughput for the facility is projected at 100,000 TEU annually.
- In April 2008 a $112 USD contract between Cai Mep International Terminal Co., Ltd. and a Joint Venture between major Korean Contractors, POSCO EC and SAMWHAN Corporation for construction of a new 1.1 million TEU capacity container terminal located in the Ba Ria‐Vũng Tàu Province, southeast of Ho Chi Minh City, Vietnam. Cai Mep International Terminal Co., Ltd. was established in 2007 as a joint venture between the Vietnam‐based Saigon Port, Vietnam National Shipping Lines and APM Terminals. The new facility began operations in the first quarter of 2011.
- A total of 12 port facilities within the APM Terminals Global Terminal Network scored positions within the JOC Group’s 2014 annual global port and terminal productivity rankings, including APM Terminals Yokohama, which again led all container facilities with 186 crane moves per hour (MPH) with a vessel alongside. Nine facilities either operated by APM Terminals, or in which APM Terminals holds a significant financial interest, were included among the world’s 25 most productive terminals, with three more members of the APM Terminals portfolio listed as among regional top performers. Six terminals, in which APM Terminals is an investor or joint venture partner, among the Top 25 global leaders, are located at Chinese ports: Qingdao Qianwan Container Terminal, and Tianjin Port Alliance International Container Terminal tied for third place with 136 MPH; Xiamen Songyu Container Terminal, tied for sixth place with 124 MPH; Tianjin Port Euroasia International Container Terminal, is in seventh place with 121 MPH; Guangzhou South China Oceangate Container Terminal, ranked 10th with 117 MPH; and Dalian Port Container Terminal, ranked 12th, with 108 MPH. South Asia Gateway Terminal, in Colombo, Sri Lanka, is tied for 11th place with 111 MPH.
- 2014 Results
The APM Terminals Global Terminal Network handled 38.3 million TEUs in 2014, (weighted by equity share) representing a 5% growth over 2013's container throughput. APM Terminals earned a profit of USD $900 million on revenue of USD $4.45 billion during the year, with a return on invested capital (ROIC) of 14.7%. Operational cash flow for 2014 was USD $925 million, compared with USD $923 million the year prior.
Portfolio developments in 2014 include progress on a $750 million expansion project in Callao, Peru, where the first new container berth is scheduled to open in the 3rd Quarter of 2015, providing the terminal with the capacity to receive container vessels as large as 18,000 TEUs. At several other locations expansions and upgrades are ongoing to equip terminals to handle the largest container vessels in operation. The Port of Tanjung Pelepas, Malaysia, inaugurated berths 13 and 14 during the 1st Quarter, and at Pier 400, Los Angeles, USA cranes were raised. In August 2014, APM Terminals completed the sale of its 100% share of APM Terminals Virginia, Portsmouth, USA.
The construction of Maasvlakte II, The Netherlands, has been completed and the facility was officially opened in April 2015. Maasvlakte II sets new standards within the industry, in terms of automation, safety and environmental impact. Final permits were received to begin construction of a new greenfield container terminal in Moin, Costa Rica. APM Terminals’ joint venture Sociedade Gestora de Terminais S.A. (Sogester), Angola, signed a 20-year concession to operate, maintain and develop the Port of Namibe, Angola, serving both container and general cargo. In June a $1.5 billion expansion of the Port of Tema, Ghana was announced, which will create a new 3.5 million annual capacity port hub in West Africa
- In January 2013, APM Terminals Tangier was named winner of the 2012 National Quality Award organized by Morocco’s Ministry of Industry, Trade and New Technologies. This 15th annual Quality Award ceremony was held in the Moroccan capital of Rabat, with the participation of the Moroccan Union for Quality (UMAQ). The mission of the UMAQ includes the responsibility to “promote the quality of goods and services in all sectors of the national economy”. In 2012 APM Terminals Tangier received IMS certification in ISO 9001 (Quality Management Systems), ISO 14001 (Environmental Management Systems) and OHSAS 18001 (Health and Safety Management Systems). APM Terminals Tangier was also named “Best Employer in Morocco” on January 21 in the second annual Best Employer Award sponsored by business consultant Lycom in collaboration with Morocco’s Ministry of Education and Professional Training, the Global Confederation of Moroccan Companies (CGEM), and the American Chamber of Commerce in Morocco, and the Best Companies Group.
- APM Terminals was named "International Terminal Operator of the Year" at the Containerisation International 2012 Awards luncheon, in London, October 18, 2012.
- APM Terminals was named "Port Operator of the Year" at the Lloyd's List 2012 Global Awards Gala, in London, September 26, 2012.
- On January 21 APM Terminals was presented with The Gerald H. Halpin Safety Excellence Award for 2010–2011 by the Signal Mutual Indemnity Association in recognition of the Signal Member company which has best exemplified the promotion of employee safety and health throughout their organization; The Halpin Award is presented only for exceptional safety performance and achievement.
- APM Terminals Chennai, Ltd., part of APM Terminals Inland Services operations in India, was named "Container Freight Station of the Year" at the India Maritime Week Gateway Awards of Excellence ceremony in January.
- APM Terminals North America celebrated a clean sweep of the 2007 Pacific Maritime Association Safety Awards, announced in April 2008. APM Terminals Tacoma, APM Terminals Pier 400 (Los Angeles) and APM Terminals Oakland were each recognized at the 59th Annual PMA Safety Awards celebrations in their respective U.S. West Coast PMA regions. APM Terminals Oakland won First Place in the Class C container group category at the PMA Northern California Area Safety Awards, and also was recognized for achievement in reduction of the Lost Time Rate in 2007. APM Terminals Pier 400 won the First Place Safety Award in the Class "A" Container Terminal Operator category for Los Angeles/Long Beach Harbors. The facility also won the First Place Group "A" Container Companies Coast Award, and received a Coast Accident Prevention Award for a Reduction in Injury Rate Three Consecutive Years and an Area Award for Reduced Injury/Illness Rate for 2007. APM Terminals Tacoma won the First Place Safety Award in the Class C container category for the Washington State Area, as well as the 2nd place Coast Award in the Class C container category for Accident Prevention.
- In February 2008 the Junta de Andalucía, the government of the Spanish Autonomous Community of Andalucía, has honored APM Terminals with the 2008 Andalucía Flag Award in recognition of its "success in bringing social and economic progress" to the region. APM Terminals Algeciras, located in Andalucía's Bay of Algeciras on the Straits of Gibraltar, is the largest container terminal on the Mediterranean.
Current New Terminal Development or Existing Facility Expansion Projects Include
- Izmir, Turkey
- Lázaro Cárdenas, Mexico
- Moin, Costa Rica
- Ningbo, China
- Tema, Ghana
- Abidjan, Ivory Coast
- Vado Ligure, Italy
Expansions and Upgrades of Existing Facilities
- Algeciras, Spain
- Apapa, Nigeria
- Aqaba, Jordan
- Buenos Aires, Argentina
- Callao, Peru
- Gothenburg, Sweden
- Itajai, Brazil
- Luanda, Angola
- Monrovia, Liberia
- Onne, Nigeria
- Pointe-Noire, Republic of the Congo
- Port Pipavav, India
- Poti, Republic of Georgia
- Qingdao, China
- Tanjung Pelepas, Malaysia
- Tema, Ghana
APM Terminals’ sustainability initiatives and performance are divided into four core areas: Health, Safety and Security; Environment; Responsible Business; and Social Responsibility. Significant gains or new major initiatives have been achieved or implemented in each performance category.
The combined Lost-Time Injury Frequency (LTIF) rate for terminal and inland services operations declined by 22% in 2014 to 1.41 per million man-hours worked. APM Terminals Pier 400 Los Angeles won two awards at the 66th Annual Pacific Maritime Association (PMA) Area Accident Prevention Committee Safety Awards banquet at the Port of Long Beach on March 5, 2015. The first award was the PMA Coast Accident Prevention Awards ceremony in the category of Terminal Operations, Group A, for the best Safety Performance achieved in 2014 in all operations at US West Coast ports. This is the sixth year out of the last eight that APM Terminals’ Los Angeles facility has received this award. APM Terminals Pier 400 also won the Southern California Area Container Terminal Safety Award for Group A.
In 2015, we continue to work to improve our environmental performance specifically and to develop global environmental standards and guidelines. In the area of greenhouse gases and other emissions, APM Terminals has set a goal of a 25% reduction in CO2 output, as measured from the base year of 2010. APM Terminals signed a two-year, €5 million (US$6.23 million) contract with Amsterdam-based NV Nuon Energy for the supply of environmentally sustainable wind-generated electricity to power the new APM Terminals Maasvlakte II cranes and container handling equipment. The new deep-water terminal, which was officially inaugurated in April 2015, is the world’s first container terminal to generate zero greenhouse gases and particulate emissions as compared with diesel-powered terminal machinery. The contract term began on January 1, 2015.
APM Terminals has embarked on a program to convert and retrofit more than 400 Rubber-Tire Gantry Cranes (RTGs) in use throughout the APM Terminals global port, terminal and inland services network to a combination electric and diesel power as a measure to reduce both costs and emission of carbon dioxide (CO2) from the current diesel-powered RTG fleet. RTGs, which are used to move loaded and unloaded containers at the terminals, are usually powered by diesel engines. The new power supply will be a combination of electricity and diesel, utilizing a busbar- a rail providing access to electrical power. Recent technological advances have made such a hybrid power option possible for RTGs. The use of E-RTGs will reduce CO2 emissions by between 60-80% compared with conventional diesel-powered RTGs, which will result in overall terminal CO2 emissions decreasing by 20% per TEU handled. The retro-fitting of the majority of the existing 400 unit APM Terminals RTG fleet will eliminate 70,000 tons of CO2 emissions annually.
The APM Terminals’ Global Port and Terminal Network
- name="ReferenceA">"Annual Review of Global Container Terminal Operators 2014", Drewry Shipping Consultants Ltd.
- "Asian, Mideast ports maintain port productivity lead", JOC.com. Accessed 10 December 2015.
- "Maersk Group Annual Report 2014" [PDF]. Accessed 10 December 2015.