Friday 2 May 2008

APM Terminals reports on developments in Morocco property



APM Terminals has assumed management and operational control of the container facility at the port Pecémin in the north-eastern Brazil, construction began in APM SP terminal in southern Vietnam, as well as APM Terminals Tangier takes delivery of its last three super post-Panamax cranes.

According to Etienne Roche, managing director of APM Terminals Tangier in Morocco property, indicators of the level at the port of Tangier-Med already compare with those of long-established, in full force terminals.

Import container activities started in February, and will increase significantly in coming months. Overloading of full containers, operation, which is crucial to the function of Tangier-Med-Port, has also seen rapid growth in volume. It is anticipated that one million TEU will be handled at the APM Terminals Tangier for the period from April 2008 to March 2009 - ahead of original projections when the subject is under development.

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