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APMT Will Invest Additional €25 Million in Port of Gothenburg

March 15, 2017 12:05 am Published by

APM Terminals Gothenburg signed an addendum to their original concession agreement with the Port of Gothenburg. Under the new agreement APMT agrees to invest an additional SEK 250 million (€25 million) in Sweden’s largest port, through 2024.

APM Terminals is proud to partner with the Port of Gothenburg to stimulate Sweden’s economic growth and increase the country’s global trade access.- Managing Director, APM Terminals Gothenburg

The new investment will focus upon increasing operational productivity for vessels, improving gate access for trucks and enhanced rail services. The addendum also includes an ambitious volume growth target.

To date, new equipment investments have included two 23 container-wide reach super post-panamax STS cranes, two rail-mounted gantry cranes (RMGs), lengthened and additional rail lines, 12 new diesel-electric straddle carriers, and other extensive terminal improvements including a new terminal operating system (TOS) and safety upgrades.

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