Area served Worldwide Website APMTerminals.com Headquarters The Hague, Netherlands Number of employees 22,000 Type of business Private | Owner Maersk Group. CEO Kim Fejfer (Jun 2004–) Revenue 4.17 billion USD (2016) Founded 2001 | |
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Industry Container terminals
Port management Key people Morten Engelstoft (CEO) | ||
Apm terminals not just a company a neighbour
APM Terminals is an international container terminal operating company headquartered in The Hague, Netherlands. It is one of the world's largest port and terminal operators as well as providing cargo support and container Inland Services, and is the largest port and terminal operating company in terms of overall geographic scope. It operates 73 port and terminal facilities in 39 countries on five continents, with eight new port projects in development, as well as 140 Inland Services operations providing container transportation, management, maintenance and repair in 39 countries, for an overall global presence of 69 countries.
Contents
- Apm terminals not just a company a neighbour
- Apm terminals www apmterminals com company overview americas region
- History
- Business Operations
- Recent Awards
- Current New Terminal Development or Existing Facility Expansion Projects Include
- Sustainability
- References
APM Terminals generated profit of USD $4.17 billion in 2016, with a Return on Invested Capital (ROIC) of 5.7%, with lower profit in commercially challenged terminals in Latin America, North-West Europe and Africa as a consequence of liner network changes and weak underlying markets. The number of containers handled by APM Terminals (weighted by APM Terminals’ ownership interest) increased by 3.7% compared with 2015, to 37.3 million TEUs, boosted by the acquisition of the Grup Maritime TCB portfolio in March 2016. Adjusting for TCB as well as terminals divested in 2015, like-for-like volumes increased 1%, driven by hub terminals and terminals in North Asia and Southeast Asia.
APM Terminals acquired eight out of 11 terminals from the Spanish Grup Marítim TCB’s (TCB) port and rail interests. The acquisition added a combined 2 million TEU equity-weighted volume to APM Terminals, expanding the network to 73 operating ports in 69 countries. Concluding the TCB transaction with the three initially carved out terminals in Turkey and on the Canary Islands is subject to the fulfilment of certain conditions precedent, which not all of which have yet been satisfied.
APM Terminals launched the project to build a new five million TEU capacity terminal in Tangier, Morocco, which is set to become operational in 2019. APM Terminals MedPort Tangier will have up to 2,000 meters of quay and will increase the Tangier Med complex’s overall capacity to over nine million TEUs. APM Terminals initiated the first phase of an upgrading and expansion program for Port Elizabeth, NJ, USA, for the terminal to handle larger vessels arriving via the expanded Panama Canal. APM Terminals signed a contract to extend the reach of ten Ship-to-Shore (STS) cranes at Pier 400 Los Angeles, California, America's busiest container port. The STS cranes will be able to accommodate Ultra-Large Container Ships of up to 20,000 TEU capacity.
APM Terminals has concluded agreements with China COSCO Shipping Ports and Qingdao Port International Development to divest a minority of the existing reefer terminal and the new terminal under construction in Vado, Italy. After completing the transaction, APM Terminals will retain a 50.1% share and will operate both terminals. APM Terminals has entered into an agreement to divest Pentalver, the UK based provider of container transport and other container related services. The sales price is around USD $100 million, resulting in a minor gain. The transaction is subject to customary closing conditions and is expected to be finalised in in the first quarter of 2017.
Financial Performance
APM Terminals earned a profit of USD $438 million (USD $654 million) in 2016 and an ROIC of 5.7% (10.9%). Operating business generated a profit of USD $487 million (USD $696 million) and an ROIC of 8.6% (12.7%) while projects under implementation together with Grup Marítim TCB (TCB) had a loss of USD $49 million (loss of USD $42 million) stemming from start-up costs. Cash flow from operating activities was USD $819 million (USD $874 million). Cash flow used for capital expenditure was USD $1.5 billion (USD $774 million), mainly due to the TCB acquisition.
Apm terminals www apmterminals com company overview americas region
History
The company's history in terminal operations began a half century ago with the first A.P. Moller facility, which opened in Brooklyn, in the Port of New York in 1958 to handle general cargoes. In 1975 the group established the Port Authority of New York and New Jersey's first dedicated container terminal, at Berth 51 at Port Elizabeth, New Jersey.
APM Terminals was established as an independent terminal operating company within the Copenhagen, Denmark-based Maersk Group in 2001. In 2004, APM Terminals moved its headquarters to The Hague, Netherlands. Today the company provides services to more than 60 shipping lines with an integrated Global Port, Terminal and Inland Services Network with interests in 73 operating port facilities, with eight in development, and 140 cargo support service operations representing a global presence in 69 countries on five continents.
Business Operations
Recent Awards
2016
APM Terminals Buenos Aires, operator of the Terminal 4 facility in Argentina’s primary port, was named winner of the first annual “Innovation in Safety Award”, by ICHCA International, the independent organization dedicated to improving the safety, productivity and efficiency of cargo handling and transportation.
2015
APM Terminals was named winner of the 2015 “Port Operator Award” at the Lloyd’s List North American Maritime Awards, in Houston, Texas.
APM Terminals Rotterdam Maasvlakte II was named winner of the Containerisation International 2015 “Innovation of the Year” Award at the Annual Containerisation International Awards luncheon, in London.
APM Terminals Mumbai, was once again named winner of the All India Maritime & Logistics Awards “Container Terminal of the Year” Award”.
APM Terminals Inland Services India was named winner of the Lloyd’s List Middle East and Indian Subcontinent Awards “Logistics Award”.
APM Terminals Pier 400 Los Angeles won two awards at the 66th Annual Pacific Maritime Association (PMA) Area Accident Prevention Committee Safety Awards for 2014. The first award was the PMA Coast Accident Prevention Awards ceremony in the category of Terminal Operations, Group A, (over one million man-hours worked) for the best Safety Performance achieved in 2014 in all operations at US West Coast ports. This is the sixth year out of the last eight that APM Terminals’ Los Angeles facility has received this award. APM Terminals Pier 400 also won the Southern California Area Container Terminal Safety Award for Group A category terminals.
APM Terminals Apapa named the “Most Environmentally Conscious Port Operator at the Lagos Port Complex” by the Nigerian Port Authority’s Environment Department of the Health, Safety and Environment Division, in recognition of the company’s achievements in the area of terminal safety culture and operating practices in Nigeria’s primary port city.
2014
APM Terminals India’s Chennai CFS facility was named winner of the 2013 Environment, Health, and Safety (EHS) Excellence Award by the Confederation of Indian Industry (CII) for the implementation of EHS Best Practices.
*Excellence in Inland Container Logistics" Award APM Terminals Inland Services South Asia was named winner of the “Excellence in Inland Container Logistics for Manufacturing Sector” award at the 3rd Annual Asia Manufacturing and Supply Chain Awards, presented at the Asia Manufacturing Supply Chain Summit in Mumbai.
2013
APM Terminals was named winner of the Lloyd’s List Asia Awards 2013 “Port Operator Award” in recognition of maintaining “the highest standards of operational efficiency and customer service throughout the year” among port and terminal operators in the Far East.
APM Terminals was once again named “International Terminal Operator of the Year” at the Containerisation International 2013 Awards, for the second consecutive year. APM Terminals’ “ongoing investment programs at its terminals and its ability to implement and adapt very effectively global safety, security and environmental guidelines at the local level” were cited by the judging panel in the win, as well as APM Terminals’ Global Terminal Network’s “success in combining development with continuous improvements in its CSR and environmental policies”.
APM Terminals India Pvt. Ltd. was named “Best Inland Services Provider” for 2013 at the 7th Annual Express, Logistics & Supply Chain Leadership Awards in Mumbai, India in September, in the “Service Excellence” category of the program.
APM Terminals Mumbai was named “Container Terminal Operator of the Year (Specific)” for 2013 at the 4th Annual All-India Maritime and Logistics Awards (MALA) on September 6, in Mumbai. The award was presented on the basis of operational performance, year-on-year volume growth, IT efficiency, the use of advanced technology, and customer satisfaction.
APM Terminals Pipavav was named winner of the “Port/Terminal Operator of the Year- Health, Safety and Quality Award” for 2013 at the 4th Annual All-India Maritime and Logistics Awards (MALA). The criteria for the award include facility investment in health and safety measures, and external industry certification.
APM Terminals India’s Chennai CFS was named co-winner of the 2013 Container Freight Station of the Year Award-(Private) at the 5th Annual Exim India South East Cargo & Logistics Awards, held in Chennai, India on July 19. The award recognizes APM Terminals Chennai’s efforts in promoting trade through creation of modern facilities and infrastructure, and the achievement of high standards of efficiency and productivity during 2012.
APM Terminals India’s Chennai CFS was named co-winner of the 2013 Container Freight Station of the Year Award-(Private) at the 5th Annual Exim India South East Cargo & Logistics Awards, held in Chennai, India on July 19. The award recognizes APM Terminals Chennai’s efforts in promoting trade through creation of modern facilities and infrastructure, and the achievement of high standards of efficiency and productivity during 2012.
APM Terminals Inland Services Mumbai Container Freight Station (CFS) was selected by Volkswagen India to receive its annual “Supplier Appreciation Award” for excellent performance during 2011-2012. The award is in recognition of the Inland Services operation’s help in achieving Volkswagen’s targeted logistics chain performance levels for the 110,000 vehicle capacity Chakan auto manufacturing facility near Pune, in the State of Maharashtra.
National Quality Award (Morocco) APM Terminals Tangier was named winner of the 2012 National Quality Award organized by Morocco’s Ministry of Industry, Trade and New Technologies. This 15th annual Quality Award ceremony was held in the Moroccan capital of Rabat, with the participation of the Moroccan Union for Quality (UMAQ). The mission of the UMAQ includes the responsibility to “promote the quality of goods and services in all sectors of the national economy”.
APM Terminals Tangier was named “Best Employer in Morocco” on January 21 at the second annual Best Employer Award sponsored by business consultant Lycom in collaboration with Morocco’s Ministry of Education and Professional Training, the Global Confederation of Moroccan Companies (CGEM), and the American Chamber of Commerce in Morocco, and the Best Companies Group.
Current New Terminal Development or Existing Facility Expansion Projects Include
New Developments
Expansions and Upgrades of Existing Facilities
Sustainability
APM Terminals’ sustainability initiatives and performance are divided into four core areas: Health, Safety and Security; Environment; Responsible Business; and Social Responsibility. Significant gains or new major initiatives have been achieved or implemented in each performance category.
The combined Lost-Time Injury Frequency (LTIF) rate for terminal and inland services operations declined by 22% in 2014 to 1.41 per million man-hours worked. APM Terminals Pier 400 Los Angeles won two awards at the 66th Annual Pacific Maritime Association (PMA) Area Accident Prevention Committee Safety Awards banquet at the Port of Long Beach on March 5, 2015. The first award was the PMA Coast Accident Prevention Awards ceremony in the category of Terminal Operations, Group A, for the best Safety Performance achieved in 2014 in all operations at US West Coast ports. This is the sixth year out of the last eight that APM Terminals’ Los Angeles facility has received this award. APM Terminals Pier 400 also won the Southern California Area Container Terminal Safety Award for Group A.
In 2017, we continue to work to improve our environmental performance specifically and to develop global environmental standards and guidelines. In the area of greenhouse gases and other emissions, APM Terminals has set a goal of a 25% reduction in CO2 output, as measured from the base year of 2010. APM Terminals signed a two-year, €5 million (US$6.23 million) contract with Amsterdam-based NV Nuon Energy for the supply of environmentally sustainable wind-generated electricity to power the new APM Terminals Maasvlakte II cranes and container handling equipment. The new deep-water terminal, which was officially inaugurated in April 2015, is the world’s first container terminal to generate zero greenhouse gases and particulate emissions as compared with diesel-powered terminal machinery. The contract term began on January 1, 2015.
APM Terminals has embarked on a program to convert and retrofit more than 400 Rubber-Tire Gantry Cranes (RTGs) in use throughout the APM Terminals global port, terminal and inland services network to a combination electric and diesel power as a measure to reduce both costs and emission of carbon dioxide (CO2) from the current diesel-powered RTG fleet. RTGs, which are used to move loaded and unloaded containers at the terminals, are usually powered by diesel engines. The new power supply will be a combination of electricity and diesel, utilizing a busbar- a rail providing access to electrical power. Recent technological advances have made such a hybrid power option possible for RTGs. The use of E-RTGs will reduce CO2 emissions by between 60-80% compared with conventional diesel-powered RTGs, which will result in overall terminal CO2 emissions decreasing by 20% per TEU handled. The retro-fitting of the majority of the existing 400 unit APM Terminals RTG fleet will eliminate 70,000 tons of CO2 emissions annually.