Latest news with #APMTerminals
Zawya
30-05-2025
- Business
- Zawya
Why we're not receiving empty containers at Apapa Port — APM Terminals?
The container terminal operator at the Lagos Port Complex, APM Terminals has revealed that due to a sustained surge in import cargo volumes over recent weeks, foreign shipping lines have had to prioritise discharging incoming laden containers over evacuating empties. Responsimg to enquiries surrounding the congestion of empty containers at its terminal by Tribune Online, APM Terminal Manager, Steen Knudsen said that the management of empty container evacuation into the terminal – and subsequent shipment onto vessels – is the exclusive responsibility of shipping lines, which own and control all containers. Knudsen said, 'There have been insinuations suggesting that APM Terminals Apapa is not receiving empty containers, allegedly contributing to yard congestion. However, the terminal operator has clarified that the management of empty container evacuation into the terminal – and subsequent shipment onto vessels – is the exclusive responsibility of shipping lines, which own and control all containers. 'Due to a sharp and sustained surge in import cargo volumes over recent weeks, shipping lines have had to prioritize discharging incoming laden containers over evacuating empties. This operational shift has resulted in a growing inventory of empty containers within the terminal, significantly limiting yard space. 'As a result of this accumulation, APM Terminals Apapa has had to temporarily restrict the reception of additional empty containers until the existing stock is cleared by the shipping lines. 'We recognize the impact this may have on truck operators, consignees, and landside logistics, and we are actively engaging the shipping lines and relevant government authorities to expedite vessel evacuation of empty containers.' The Terminal Manager emphasised that the development is not due to a failure in terminal operations, but rather a systemic issue stemming from the imbalance in container traffic. 'Shipping lines play a key role in ensuring containers are loaded out as empties once they are returned. Unfortunately, the high volume of imports is tipping that balance. We are committed to doing everything within our operational capacity to support the clearing of this backlog,' the statement added. APM Terminals Apapa is appealing to landside customers, truck operators, and other stakeholders to kindly bear with the temporary restrictions and delays in receiving empties, while assuring them that every effort is being made to normalize the situation. 'APM Terminals Apapa remains steadfast in its commitment to professionalism, efficient service delivery, and partnership with stakeholders to ensure the Nigerian supply chain keeps moving,' he said. Recall that truckers had lamented that due to a lack of acceptance of empty containers at APM Terminals, many truckers are losing jobs while making unnecessary parking payments. Copyright © 2022 Nigerian Tribune Provided by SyndiGate Media Inc. (
Time Business News
28-05-2025
- Business
- Time Business News
Global Marine Port Services Industry Poised for Robust Growth amidst Digital Transformation and Sustainability Initiatives
The marine port services industry is undergoing a significant transformation, driven by technological advancements, sustainability efforts, and increased global trade. Technological Advancements Fuelling Efficiency The integration of advanced technologies such as the Internet of Things (IoT), artificial intelligence (AI), and blockchain is revolutionizing port operations. These innovations enhance operational efficiency, reduce costs, and improve decision-making processes. For instance, the Port of Singapore's Tuas Mega Port is set to become the world's largest fully automated terminal, featuring over 1,000 battery-powered driverless vehicles and nearly 1,000 automated yard cranes. Similarly, the Port of Busan in South Korea has implemented an AI-based port logistics metaverse framework, resulting in a 79% improvement in ship punctuality and generating an additional USD 7.3 million in annual revenue. Sustainability and Green Initiatives Environmental sustainability has become a central focus for port operators worldwide. Over 40% of major ports are expected to implement green initiatives by 2025, including the adoption of renewable energy sources and emission reduction measures. For instance, APM Terminals, has committed to achieving net-zero emissions by 2040 and has already reduced its scope 1 and 2 emissions by 13% between 2022 and 2023. Infrastructure Investments and Global Trade Expansion Significant investments are being made to expand and modernize port infrastructure to accommodate larger vessels and increased cargo volumes. The Indian government, for instance, has invested approximately USD 25 billion in upgrading shipping and port infrastructure. These developments are crucial in supporting the anticipated tripling of maritime trade volumes by 2050, as projected by the OECD. India: Adani Ports and Special Economic Zone (APSEZ), India's leading private port operator, reported a consolidated net profit of INR 30.14 billion (USD 356 million) in the March quarter of fiscal 2025, surpassing analysts' forecasts. The company's marine services division saw an 82% revenue increase, with expectations to triple within two years. Brazil: CMA CGM, the world's third-largest shipping group, announced a USD 1.1 billion investment in Santos Brasil, a Brazilian port terminal operator. This move is part of CMA CGM's strategy to diversify into logistics and expand its presence in South America. United States: The Port of New York and New Jersey is seeking a greater share of profits from the ocean shipping industry by pushing for a cut of terminal sales transactions and increased revenues from business operations. This strategy comes as ocean carriers report high profits and major companies invest heavily in port facilities. About Author: HTF Market Intelligence is a leading market research company providing end-to-end syndicated and custom market reports, consulting services, and insightful information across the globe. With over 15,000+ reports from 27 industries covering 60+ geographies, value research report, opportunities, and cope with the most critical business challenges, and transform businesses. Analysts at HTF MI focus on comprehending the unique needs of each client to deliver insights that are most suited to their particular requirements. TIME BUSINESS NEWS
Jordan Times
03-05-2025
- Business
- Jordan Times
Dutch support for Jordan's water security highlighted during visit to Aqaba
Ambassador of the Netherlands to Jordan Harry Verweij concludes a two-day visit to Aqaba, underscoring the Netherlands' 'strong and growing' partnership with Jordan across key sectors (Photos courtesy of the Embassy of Netherlands) AMMAN — Ambassador of the Netherlands to Jordan Harry Verweij has concluded a two-day visit to Aqaba, underscoring the Netherlands' 'strong and growing' partnership with Jordan across key sectors. During his visit, Verweij held high-level meetings with Chief Commissioner of the Aqaba Special Economic Zone Authority (ASEZA) Nayef Fayez, and CEO of the Aqaba Development Corporation (ADC) Hussein Safadi, according to a statement for The Jordan Times. Discussions focused on Aqaba's strategic development plans, strengthening economic ties, and exploring opportunities to expand cooperation in a number of key areas. Joined by Director of the Project Management Unit at the Ministry of Water and Irrigation Saddam Khleifat, the ambassador visited the intake site of the Aqaba-Amman Water Desalination and Conveyance Project (AAWDCP). The Netherlands has recently committed 31 million euros in grant support to help advance the implementation of this critical infrastructure project, reflecting the Netherlands' 'long-standing' commitment to Jordan's water security and sustainable development. 'I was glad to visit the site in Aqaba personally to get a good sense of how the intake and desalination of the AAWDCP will be designed, as well as to underscore the Dutch commitment to this vital project for Jordan's future water security,' Verweij said. Verweij also toured the Aqaba Container Terminal (ACT) and Aqaba Port facilities, where Dutch expertise continues to contribute to the city's trade operations and development. ACT is managed by the Dutch company APM Terminals under a 25-year build-operate-transfer agreement signed in 2006 with the ADC. APM Terminals recently received approval to extend the current concession with 15 years reaching until 2046. CEO of ACT Harald Nijhof presented the terminal's latest achievements in operational performance, safety enhancements, and its plans to achieve full carbon neutrality by 2040, the statement said. At the Port of Aqaba, a joint Dutch-Jordanian venture, the Aqaba Port Marine Services Company (APMSCO) has been providing vital marine services such as towage, pilotage, mooring and related services since 2007. General Manager of APMSCO Frederik Rutgers briefed the ambassador on the company's operations, recent developments, and its role in ensuring safe and efficient maritime traffic at the Port of Aqaba. 'I am proud to see Dutch companies playing a key role in supporting Jordan's trade and maritime infrastructure in Aqaba. Their long-term partnerships with the government of Jordan not only reflect the strength of our bilateral relations but also contribute meaningfully to Aqaba's development as a regional logistics and trade hub,' added Verweij. The ambassador's visit reinforces the Netherlands' commitment to 'deepening' its partnership with Jordan, supporting key infrastructure projects vital to the Kingdom's future, while continually exploring possibilities for cooperation across various sectors.
Ammon
03-05-2025
- Business
- Ammon
Ambassador Verweij highlights Dutch support for Jordan's water security
Ammon News - The Ambassador of the Kingdom of the Netherlands to Jordan, Mr. Harry Verweij concluded a two-day visit to Aqaba, underscoring the Netherlands' strong and growing partnership with Jordan across key his visit, Ambassador Verweij held high-level meetings with H.E. Nayef Al Fayez, Chief Commissioner of the Aqaba Special Economic Zone Authority (ASEZA), and H.E. Hussein Safadi, CEO of the Aqaba Development Corporation (ADC). Discussions focused on Aqaba's Strategic development plans, strengthening economic ties, and exploring opportunities to expand cooperation in a number of key by the Director of the Project Management Unit (PMU) at the Ministry of Water and Irrigation, Mr. Saddam Khleifat, the Ambassador visited the intake site of the Aqaba-Amman Water Desalination and Conveyance Project (AAWDCP). The Netherlands recently committed €31 million in grant support to help advance the implementation of this critical infrastructure project, reflecting the Netherlands' long-standing commitment to Jordan's water security and sustainable development.'I was glad to visit the site in Aqaba personally to get a good sense of how the intake and desalination of the AAWDCP will be designed, as well as to underscore the Dutch commitment to this vital project for Jordan's future water security', said Ambassador addition, Ambassador Verweij toured the Aqaba Container Terminal (ACT) and Aqaba Port facilities, where Dutch expertise continues to contribute to the city's trade operations and development. ACT is managed by the Dutch company APM Terminals under a 25-year build-operate-transfer agreement signed in 2006 with the ADC. APM Terminals recently received approval to extend the current concession with 15 years reaching until 2046. Mr. Harald Nijhof, CEO of ACT, presented the terminal's latest achievements in operational performance, safety enhancements, and its plans to achieve full carbon neutrality by the Port of Aqaba, a joint Dutch-Jordanian venture, the Aqaba Port Marine Services Company (APMSCO) has been providing vital marine services such as towage, pilotage, mooring and related services since 2007. The General Manager of APMSCO, Mr. Frederik Rutgers, briefed the Ambassador on the company's operations, recent developments, and its role in ensuring safe and efficient maritime traffic at the Port of Aqaba.'I am proud to see Dutch companies playing a key role in supporting Jordan's trade and maritime infrastructure in Aqaba. Their long-term partnerships with the Government of Jordan not only reflect the strength of our bilateral relations but also contribute meaningfully to Aqaba's development as a regional logistics and trade hub,' added Ambassador Ambassador Verweij visited the Aqaba Digital Hub, where CEO Eyad Abu Khurma presented the company's strategic vision, and led a tour of its newly completed high-tech Ambassador's visit reinforces the Netherlands' commitment to deepening its partnership with Jordan, supporting key infrastructure projects vital to the Kingdom's future, while continually exploring possibilities for cooperation across various sectors.
Jordan News
22-04-2025
- Business
- Jordan News
Aqaba Container Terminal Acquires $13M State-of-the-Art Ship-to-Shore Crane - Jordan News
Aqaba Container Terminal (ACT), the gateway to Jordan and the Levant, has announced the arrival of a state-of-the-art ship-to-shore (STS) crane worth $13 million USD, designed for highly efficient container loading and unloading between ships and the port quay. اضافة اعلان The announcement came during a celebratory event held at the port, attended by Nayef Hamidi Al-Fayez, Chairman of the Aqaba Special Economic Zone Authority (ASEZA), Hussein Al-Safadi, CEO of Aqaba Development Corporation, and a number of key dignitaries, stakeholders, and company staff. The new crane is part of ACT's broader development plan following the extension of its partnership and concession agreement with APM Terminals, aimed at reinforcing its regional leadership and adapting to rapid advancements in the logistics sector. Al-Fayez highlighted the strength of the strategic partnership with APM Terminals, stating, 'Today's celebration is not just about welcoming advanced equipment, but also reflects the depth of our ongoing collaboration in managing and operating the port.' He emphasized that the adoption of modern, eco-friendly equipment aligns with ASEZA's 2024–2028 strategy, particularly its goal of transforming Aqaba into a 'green port' as part of the broader 'green city' vision. The initiative aims to reduce carbon emissions and promote the use of alternative energy sources in port operations, enhancing Aqaba's competitiveness as a regional logistics hub while reaffirming its commitment to sustainable growth in line with national and international climate obligations. Al-Fayez added that the new crane represents a milestone in the port's continuous transformation and a testament to the shared commitment to sustainable growth and innovation. Hussein Al-Safadi, CEO of Aqaba Development Corporation, described the crane's arrival as a strategic achievement under the renewed concession agreement with APM Terminals, which now runs through 2046. He noted that the development reflects a shared long-term vision for the container terminal and a firm commitment to strengthening Jordan's infrastructure as a regional trade and logistics hub. He also emphasized the corporation's dedication to integrating sustainability principles across its projects. The new crane is a clear example of adopting cutting-edge technology to reduce emissions and improve operational efficiency, in line with long-term development goals. Adnan Al-Yaqoubi, ACT's Chief Operations Officer, noted that the crane is a transformational investment, introducing advanced technologies that increase capacity and handling performance while ensuring the highest safety and efficiency standards. The equipment is also capable of accommodating the world's largest container ships. The crane is among the most advanced in the world, specifically designed to handle ultra-large container vessels. It stands approximately 56 meters tall, with a boom outreach of 71 meters and a lifting capacity of 100 tons. It features cutting-edge automation systems, including laser scanning for ship shape analysis and collision avoidance, precise container positioning, anti-sway technology, and self-diagnostic maintenance systems. It is remotely operated and supported by a full camera system, enabling fully automated movement and tracking. This acquisition is part of the port's ongoing modernization efforts. APM Terminals' extended agreement with Aqaba Development Corporation will also increase the terminal's annual handling capacity by 180,000 TEUs and enable it to accommodate ships up to 400 meters in length, reinforcing Aqaba's position as a strategic node in global supply chains.
