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APM Terminals’ Skandia Container Terminal deal approved

APM Terminals’ Skandia Container Terminal deal approved

“We are very pleased that the matter has been dealt with so quickly. It is positive for both the 450 employees at the terminal and for our customers”, said Sven Hulterström, chairman of the Port of Gothenburg.

Keld Pedersen, APM Terminals’ newly appointed managing director of SCT added, “This is a clear example of the business friendly environment Sweden offers investors and we are keen to work closely with the people of the Port of Gothenburg to build on their success.”

Project teams from APM Terminals and the Port of Gothenburg are now moving forward with the next steps in the implementation plan for the transfer of management and operations in January 2012.

The Port of Gothenburg, including all the terminal operations, is owned by the City of Gothenburg. When the new corporate structure is in place, operations will be divided into a Port Authority and three terminal companies run by external operators. The external operators will be responsible for operations at each terminal, whilst the Port Authority will act as landlord with responsibility for the infrastructure.

On 2010 Gothenburg handled 880,000 teu (up 8% on the previous year) and is currently ranked 105th in CM’s World Top Container Ports.