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News

APMT invests in Ningbo terminal

20 June 2012
APM Terminals has signed an agreement with Ningbo Port Group to operate three of the five berths at a new container terminal, reported Lloyd’s List.

APMT will take a 25 per cent stake in berths three, four and five at Ningbo’s Meishan Container Terminal, scheduled to become operational by the end of 2014.

Ningbo, located in Zhejiang province, is the sixth largest container port in the world, with throughput of 14.5m TEU in 2011.

     
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