APM Terminals has announced it has been awarded a
contract to manage Sweden's Skandia Container Terminal at the Port of
Gothenburg. The decision reflects the port's review of APM Terminals' bid
submitted on September 7, 2011 to manage the port for the next 25 years.
APM Terminals will invest over $115m in the first five
years of operation to make the port more competitive as a North Europe freight
hub for the Nordic markets. Most of the investment will target infrastructure
improvements.
In the last two years, the Port of Gothenburg has
prepared its Ro/Ro, car and container terminals for privatisation by
incorporating them as separate concession holders, believing that private
ownership of these terminals will give a new impulse to investment,
competitiveness and cargo volumes.
"We are delighted that APM Terminals has been
selected for this important national container terminal by the leaders of the
Port of Gothenburg. It underlines the value our port expertise delivers to
governments and customers whose focus is on meeting their national and
commercial objectives. Projects like this enable us to grow national and
regional economies. It is our experience that for a public-private partnership
to be successful, the skills and commitment of the government is crucial.
Throughout the bid process, we have been impressed by the Gothenburg Port
Authority's clarity of objectives and effective approach to achieve them. We
will build on the port's current strengths of location and deep water, introducing
our core expertise in world-class operational excellence and safety, improving
productivity levels and developing new solutions that attract more
business," stated Martin Poulsen, CEO of APM Terminals Europe Region,
based in Rotterdam, The Netherlands.
The deal is subject to approval from the Swedish
Competition Authorities. The planned transfer of management and operations
would be first quarter 2012.
Source : EFT, 12.10.11 (Content provided in partnership
with Transport Intelligence).
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