APM Terminals (APMT) and Hutchison Ports have announced that Hutchison Ports Nederlands B.V., has signed an agreement to acquire the container terminal APM Terminals Rotterdam (APMTR).
In a statement, Hutchison Ports said the APMTR is adjacent to its existing ECT Delta terminal in the Maasvlakte area of the Port of Rotterdam. It has 1,600 metres of deep-water quay serviced by 13 ship-to-shore (STS) gantry cranes.
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 employees.”
Commenting on the acquisition, Clemence Cheng, Managing Director of Hutchison Ports Europe said, “We are delighted to strengthen further our presence in the Port of Rotterdam.
“We already handle the majority of containers in the port through ECT’s Delta and Euromax terminals. The addition of APMTR will further enhance our ability to offer a first class and flexible service to our customers.
“We will continue to serve Maersk Line’s existing business at the terminal and will work with the workforce to develop the customer and volume base to meet growing demand.
“We have the opportunity to redevelop and enhance the facility in the future and look forward to continuing to grow our business in the port.”