Tuesday , 17 September 2019
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APM Terminals commits to Georgian port investment

APM Terminals (APMT) has announced its commitment to an infrastructure development project at the Black Sea terminal at the Port of Poti, Georgia.

The terminal operator has outlined plans to invest in the infrastructure of a proposed multi-purpose, deep-water hub serving Georgia, the Caucasus and Central Asia.

APMT Poti deputy managing director Joseph Crowley, said: “APM Terminals is committed to our ongoing investment in Poti Seaport to anticipate and satisfy the future demand potential. This infrastructure investment into the port will help make future gateway volume growth possible.”

The Poti Sea Port was purchased by APMT in April 2011 and is the largest port in Georgia with 15 berths for cargo and RoRo services, with a total quay length of 2,900 m with over 20 quay cranes.

APMT has invested over US$70m in upgrading infrastructure at the facility and last year, Poti accounted for 385,000 teu of the 480,000 teu handled by all Georgia ports. This year’s volume is projected at 400,000 teu, and more than 8m tonnes of total cargo.

The next phase of APMT’s expansion plan is due to be completed in 2018, introducing two new deep water berths able to accommodate vessels of 9,000 teu capacity and an annual throughput of 1m teu.