Independent journal on economy and transport policy
07:42 GMT+1
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APM Terminals signs the definitive contract for the management of the new container terminal of the Turkish port of Petkim
Aegean will be constituted the terminalista society Gateway Terminal
February 22, 2013
APM Terminals, terminalista society of shipowning group Danish A.P. Møller-Mærsk, has finalized today the agreement with the Turk Petkim Holding Petrokimya, signed a year ago ( on 13 February 2012), agreeing with the Petlim Limancilik Ticaret, society integrally controlled from Petkim, an understanding for the creation and management of the terminalista society Turkish Aegean Gateway Terminal (AGT), that 28-year-old with beginning previewed in the summer of 2015 will be operated independently by APM Terminals within a contract of concession of the duration.
APM Terminals has specified that the construction of the terminal for several container and goods that will be managed by AGT in the port of Petkim will be realized by Petkim, but second the operating technical specifications and of the same APM Terminals. The initial investment for the container terminal will be of about 400 million dollars. Petkim has specified that the investment realized from Petlim will pile to about 300 million dollars. According to the forecasts, the second phase of the project will be completed in 2016.
The container terminal will have an ability to annual traffic pairs to 1,5 million container teu with a potential one in order to reach an ability pairs to four million teu.
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