Terminal Expansions
The following terminals recently completed capacity expansions or are currently under development to increase capacity and efficiency:
APM Terminals Lázaro Cárdenas, Mexico: Phase II expansion started in 2023. This will increase capacity by one million TEUs.
APM Terminals Tangier MedPort, Morocco: One million TEU expansion delivered in 2023, together with electric equipment, shore power, and auto mooring.
Port of Salalah, Oman: One million TEU expansion underway, with completion expected in 2025.
APM Terminals Maasvlakte II, Rotterdam, the Netherlands: Doubling of annual capacity currently underway with completion expected in 2027.
Poti Sea Port, Georgia: Expansion will commence in 2024. The first stage includes a breakwater of 1,700m and a 400m multipurpose quay with 13.5 m depth able to handle dry bulk cargo and an incremental 150,000 TEUs. The second stage will double the annual container capacity at Poti Sea Port to over 1 million TEU.
Terminal Divestments
In 2022, APM Terminals divested its 30% share in the EUROGATE Container Terminal Wilhelmshaven, Germany, and Sogester container terminals in Luanda and Namibe, Angola. In 2023/2024, APM Terminals divested its operations in Castellón, Spain; Nouakchott and Nouadhibou, Mauritania; Cotonou, Benin; and Conakry, Guinea. The concession agreement for APM Terminals Itajai, Brazil was not renewed in 2023.
Decarbonization
In 2022, APM Terminals made an industry-leading commitment to be fully net-zero by 2040, and to reduce its scope 1 and 2 emissions by 65% by 2030 compared to 2022.[3] Scope 1 are emissions generated while carrying out business activities, whereas scope 2 covers indirect emissions from purchased energy.
Between 2022 and 2023, APM Terminals reduced its absolute scope 1 and 2 emissions by 13%. Additionally, 40% of electricity demand (as of 2023) was procured from renewable resources.
In 2023, APM Terminals and DP World[4] published a joint white paper[5] emphasizing the importance of electrified container handling equipment to speed up the decarbonization of the industry.
In 2023, to speed up the adoption and understanding of battery electric container handling equipment, APM Terminals commenced a US$60 million electrification pilot programme at the Aqaba Container Terminal, APM Terminals Barcelona, APM Terminals Mobile, Pier 400 Los Angeles and Suez Canal Container Terminal.
APM Terminals also established the Zero Emission Port Alliance[6]