APM Terminals boosts investment at Port Elizabeth facility
APM Terminals is increasing the investment on its Port Elizabeth terminal at the Port of New York and New Jersey from $70m to $200m in preparation for ultra large container ships.
Port Elizabeth is APM’s largest terminal on the east coast of North America. It includes 15 ship-to-shore cranes, 6001 ft of wharf with deep-water berths, on-dock rail with 42,000ft of working track and on-site AQI/CBP inspection capabilities.
The company has increased investment based on the discussions with bi-state shipping community, including the Port Authority of New York and New Jersey, shipping companies, importers and exporters, intermodal rail providers, trucking companies and the International Longshoreman’s Association.
APM Terminals will use the investment to purchase four next-generation ship-to-shore (STS) cranes, which will handle ultra-large container ships (ULCS) at the port complex.
The vessels will start operations following the heightening of the Bayonne bridge, which is expected to complete later this year.
In addition, the investment will support the expansion of gate complex, upgrade container handling equipment and other operational improvements.
The heightening of the Bayonne bridge, along with the expanded Panama Canal, will allow ULCS liner services to operate effectively at the APM Terminals facility.
APM Terminals North America president Wim Lagaay said: “Our goal is to make APM Terminals Port Elizabeth safer, easier to use and faster for our trucker community, more productive for our shipping line clients and more reliable for our clients’ supply chains expectations.
“These operational and infrastructure improvements are designed to keep APM Terminals Port Elizabeth at the forefront of the New York/New Jersey harbor by being the container terminal of choice to work with by our many clients and partners.”
Image: APM Terminals is investing $200m to advance operations at Port Elizabeth facility. Photo: courtesy of APM Terminals.