ampt will invest us 40 million in alabama container facility - pacific tycoon
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Visit the file to know about APM Terminals - AMPT will invest US 40 million to expand a container handling facility on the west banks of the Mobile River in the U.S. State of Alabama.TRANSCRIPT
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A M P T W I L L I N V E S T U S $ 4 0 M I L L I O N I N A L A B A M A C O N T A I N E R F A C I L I T Y
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According to al.com, APM Terminals (AMPT) will invest US$40 million to expand a
container handling facility on the west banks of the Mobile River in the U.S. State of
Alabama.
This announcement follows the company's earlier plan to invest $1.5 billion in a port project
in Tema, Ghana along with Bollore Logistic and the Ghana Ports and Harbour Authority.
Collectively the three entities are known as Meridian Port Services (MPS).
The investment in the Alabama container handling facility will see two ship-to-
shore cranes capable of accommodating the largest container ships arriving at the facilities
where APMT partnered with the Alabama State Port Authority a decade ago to construct a
transportation hub at Choctaw Point.
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We are very pleased to proceed with increasing our capacity and productivity for the
businesses and shipping lines who have made this port a new market leader Mobile is a great place to be and we look forward to growing the terminal as the Gulf Coast's gateway to
the south Atlantic.- APMT COO
In a recent poll asking PTI readers which terminal operator will be the most successful in 25
years time, APMT was first with 36.63 percent of the vote, narrowly edging DP
World (30.23%) and PSA International (22.09%) in second and third place, respectively