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11 May 2021 (Last Updated May 11th, 2021 09:35) Hutchison Ports Netherlands has signed an agreement to acquire the Rotterdam container terminal from APM Terminals (APMT). Share Article With an annual capacity of 3.25 million TEUs, the terminal features around 1,600m of deep-water quay. Credit: APM Terminals. In December 2019, Hutchison Ports signed a letter of intent for the acquisition of APM Terminals Rotterdam (APMTR) from APMT, the port operations unit of A P Moller-Maersk. The agreement states that, in the short-term, APMTR will continue to function as an independent entity, A P Moller-Maersk will provide a five-year volume guarantee and there will be no involuntary terminations by Hutchison Ports within four years of signing. ....
Major European Container Handling Terminal Changes Hands Port Group Concentrates Rotterdam Activities NETHERLANDS – APM Terminals (APMT) has agreed to sell off its Rotterdam terminal operations (APMTR) to Hutchison Ports Netherlands B.V., a subsidiary of Hutchison Ports. APMTR is located adjacent to Hutchison Ports’ existing ECT Delta terminal in the Maasvlakte area of Europe’s largest port. It has 1,600 metres of deep-water quay serviced by 13 ship-to-shore gantry cranes. As with many operators in the field Hutchison Ports has of late expanded into other logistics and transportation-related businesses, including cruise ship terminals, distribution centres, rail services and ship repair facilities. Commenting on the acquisition, Clemence Cheng, Managing Director of Hutchison Ports Europe said: ....
APM Terminals agrees divestment of APM Terminals Rotterdam to Hutchinson Ports APM Terminals (APMT) and Hutchison Ports are pleased to announce that Hutchison Ports Netherlands B.V., a subsidiary of Hutchison Ports, has signed an agreement to acquire the Rotterdam container terminal APM Terminals Rotterdam (APMTR) from APMT. APMTR is located adjacent to Hutchison Ports’ existing ECT Delta terminal in the Maasvlakte area of Europe’s largest port. It has 1,600 metres of deep-water quay serviced by 13 ship-to-shore gantry cranes. Commenting on the divestment, Rolf Nielsen, Head of Hub Terminals APMT said, “We are pleased to announce our divestment of APMTR to Hutchison Ports. Over the past eighteen months, the various parties have worked intensively and constructively together with all relevant parties, including APMTR’s works council and trade unions, to complete the transaction. The sale gives APMTR the best possible future with a good security for jobs for its ....
APM Terminals agrees divestment of APM Terminals Rotterdam to Hutchinson Ports APM Terminals (APMT) and Hutchison Ports are pleased to announce that Hutchison Ports Netherlands B.V., a subsidiary of Hutchison Ports, has signed an agreement to acquire the Rotterdam container terminal APM Terminals Rotterdam (APMTR) from APMT.
APMTR is located adjacent to Hutchison Ports’ existing ECT Delta terminal in the Maasvlakte area of Europe’s largest port. It has 1,600 metres of deep-water quay serviced by 13 ship-to-shore gantry cranes.
Commenting on the divestment, Rolf Nielsen, Head of Hub Terminals APMT said, “We are pleased to announce our divestment of APMTR to Hutchison Ports. Over the past eighteen months, the various parties have worked intensively and constructively together with all relevant parties, including APMTR’s works council and trade unions, to complete the transaction. The sale gives APMTR the best possible future with a good security for ....
Hutchison Ports seals acquisition of APM Terminals Rotterdam APM Terminals Rotterdam; Image courtesy: APM Terminals Hutchison Ports Netherlands B.V., a subsidiary of Hutchison Ports, has signed an agreement to acquire the Rotterdam container terminal APM Terminals Rotterdam (APMTR) from APMT. APMTR is located adjacent to Hutchison Ports’ existing ECT Delta terminal in the Maasvlakte area of Europe’s largest port. It has 1,600 metres of deep-water quay serviced by 13 ship-to-shore gantry cranes. “Over the past eighteen months, the various parties have worked intensively and constructively together with all relevant parties, including APMTR’s works council and trade unions, to complete the transaction,” ....