Offer of APM Terminals in order to manage the main terminals of the port of Virginia



APM Terminals, Dutch terminalista society of shipowning group Danish A.P. Møller-Mærsk, intends to assume the management of all the terminals of the area of Hampton Roads of the American port of Virginiums, where currently it possesses the container terminal APM Terminals Virginia, situated in the harbour area of Portsmouth, that but it has assigned in management for the duration 20-year-old (with beginning on July 6, 2010) to the Virginia Port Authority who the work through Virginia International Terminals, Inc. (VIT) ( on 14 May and 25 june 2010).

The Dutch company has in fact subordinate to the government of the State of the Virginiums an offer in order to manage the entire harbour area of Hampton Roads let alone connected logistic infrastructures inland. The proposal previews that APM Terminals transfers the property of its terminal of Portsmouth, for a total of 576 acres, to the Commenwealth of Virginiums and that, in exchange, obtains a contract of concession of the duration 48-year-old in order to manage harbour infrastructures and inland of Virginia Port Authority.

The proposal previews therefore that APM Terminals, besides the APM Terminals Virginia, manages the Norfolk International Terminals (NIT), that it is the greatest container terminal of the port American, let alone the terminals Newport News Marine Terminals (NNMT) and Portsmouth Marine Terminal (PMT), that they enliven both goods loose and rotabili. Moreover the Dutch society intends to manage also Virginia Inland Port (VIP) that it is situated in the County of Warren, to about 350 kilometers from the harbour terminals of Hampton Roads.

According to the calculations of the terminalista society, thanks to the agreement the State of the Virginiums will embed between 3,1 and 3,9 billion dollars over 48 years through initial investments, canons of concession, quotas on the returns and taxes. Moreover APM Terminals has emphasized that the agreement would allow to transfer the risk of enterprise from the State to the private sector. "Our proposal - the president for the American area of APM Terminals has explained, Eric A. Sisco - in the long term offers to the smaller costs and a solution for the future increase in a moment of stabilization of the economy followed from an expansion of the world-wide exchanges".

"No other port of the East Coast - the president of Virginia Port Authority has commented, Michael J. Quillen - is obtaining this type of attention from what probably it is the main world-wide terminal operator. When 11 years ago APM Terminals it has decided to construct here its terminal has sent a message to the remainder of the world with respect to the port of Virginiums. Now he is trying to obtain a concession in the long term and we are flattered by this interest. We are once again to the center of the attention and is a very positive situation, in particular if he considers himself that such situation is to the center of the attention of the entire industry. We have an extreme confidence in Virginia International Terminals, that it is our current operating unit, but have the obligation to estimate all the options".

Last year the port of Virginiums has enlivened altogether a traffic of the container pairs to beyond 1,9 million teu, with an increase of 1.2% on 2010. The volume enlivened from single terminal APM Terminals Virginia has been pairs to 827.000 teu.