Independent journal on economy and transport policy
12:45 GMT+1
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Chinese COSCOCS places side by side APM Terminals in the management of the terminals for container and reefer of the port of Savona I go
To the initiative the Qingdao Port International Co participates also.
October 18, 2016
COSCO Shipping Ports, the terminalista society of the Chinese shipowning group Lowers COSCO Shipping (COSCOCS), and the Qingdao Port International Co., the Chinese public society that manages the port of Qingdao, has acquired participation pairs respective to 40.0% and 9.9% in the APM Terminals Holding Vado, the holding ones of Vado RT, enterprise that manages the Reefer Terminal of the port of Vado Ligure. The quotas are yielded by terminalista society Dutch APM Terminals of shipowning group Danish A.P. Møller-Mærsk that has bought the terminal operator of from Liguria harbour port of call last year and that as a result of the transactions will maintain 50.1% of the capital of Holding Vado ( on 7 August 2015). COSCO Shipping Ports has announced to have acquired own quota for a fee pairs to 53 million euros.
Reefer Terminal, specialized harbour terminal in handling of the perishable produced ones, has a dock of 705 linear meters with depth of the backdrop of -14,5 meters and has a annual ability to traffic pairs to 275 thousand container teu and 650 thousand pallets. Besides to manage the Reefer Terminal, within the next year I go Holding will complete the acquisition of the entire capital of Vado Container Terminal, society that the new container will manage terminal of the port of Savona-Go that will become operating in 2018 and, with a dock of 700 linear meters and a depth of the -16 backdrop meters, will have initially a containerized trade ability pairs to 600 thousand teu.
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