The facility is Scandinavia’s largest container terminal handling around 800,000 containers annually, representing approximately 60% of Sweden’s total container traffic while serving as a key gateway for Swedish and Norwegian inland points.
The agreement with APM Terminals was signed last October, with formal approval granted by the Swedish Competition Authority in December. The Port of Gothenburg, which continues to own the land, quays and buildings, awarded a 25-year concession agreement to APMT for the deep-water facility’s management and operations. The agreement calls for significant investment in terminal and equipment upgrades, including three new super-post Panamax cranes to handle the largest vessels entering into service. Gothenburg is served by 24 daily rail services to commercial and industrial centres in Sweden and neighbouring Norway.
Kim Fejfer, CEO of APM Terminals, stated “We are very impressed with the Port of Gothenburg’s privatisation efforts for the port, and with the Skandia Container Terminal’s transition plan, and look forward to working closely with them to help make Gothenburg one of Scandinavia’s, and Northern Europe’s leading container hubs.”
You need a free subscription to read the entire article.
Subscribe
Subscribe for FREE and gain access to all our content.
More than 5000+ articles.