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9 January 2012

APM Terminals Takes over Gothenburg’s Container Operations

APM Terminals has officially taken control over the container terminal at the port of Gothenburg. The terminal operating company, Skandia Container Terminal AB, has been renamed APM Terminals Gothenburg AB. The facility is Scandinavia's largest container terminal and handles about 800,000 containers per year, approximately sixty per cent of Sweden’s total container traffic.

The agreement with APM Terminals was signed in October 2011 and formal approval was granted by the Swedish Competition Authority in December. The Port of Gothenburg, which will continue to own the land, quays and buildings awarded a 25-year concession agreement to APM Terminals for the deep-water facility’s management and operations, and calls for significant investment in terminal and equipment upgrades, including three new super-post Panamax cranes to handle the largest vessels entering into service. Gothenburg is served by 24 daily rail services to commercial and industrial centers in Sweden and neighboring Norway.

With world headquarters in The Hague, Netherlands, APM Terminals now has interests in 63 container terminals in 36 countries and local Inland Services operations in over 150 locations in 46 countries.

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