MAERSK's standalone port operator APM
Terminals (APMT) has signed a deal to enter the Colombian market in the
key Caribbean port of Cartagena, reports London's Loadstar.
The company
has announced that it has acquired a 51 per cent of the multi-purpose
terminal at the Atlantic side port operated by Bogota-headquartered Compania de
Puertos Asociados (Compas).
Under the
terms of the deal the two companies will invest US$200 million each in
upgrading the terminal into a container handling facility with an initial annual
capacity of 750,000 TEU.
It will be
upgraded to serve the bigger ships - up to 13,000 TEU - that are expected
to transit the Panama Canal when its expansion is complete next April.
Said APM
Terminals CEO Kim Fejfer: "Cartagena has enormous significance in
South America ports and this JV underlines APM Terminals' growth and investment
plans."
The deal will
also bring inter-terminal competition to Colombia's main container hub for the
first time. Box operations have hitherto been dominated by the privatised port
authority Sociedad Portuaria regional de Catagena (SPRC), which itself has been
the subject of a series of acquisition bids over the past few years.
Over the past
two decades SPRC has made huge advances in modernising what has become both the
main container gateway to Colombia's industrial hinterland, and the major
transhipment hub on South America's Caribbean coast, providing effective
competition to the more established hubs at the Atlantic entrance to the Panama
Canal.
Colombian
exports include mineral fuels, oils, distillation products, precious stones, forest
products, pulp and paper, coffee, meat, cereals, vegetable oil, cotton,
flowers, sugar and fruit, as well as processed fish and a
growing list of exported machinery.
Source :
HKSG.
Tidak ada komentar:
Posting Komentar