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APL renews Kaohsiung terminal lease

APL renews Kaohsiung terminal lease
APL will operate the lease until the end of 2027

American President Lines’ (APL) lease at the Port of Kaohsiung has been extended by ten years to the end of 2027.

Nicolas Sartini, APL CEO said: “Today, Intra-Asia container volume accounts for one-sixth of all containers moved globally. We see further growth prospects in this trade where APL is seeking to be a major player.

He added: “Our terminal in the Port of Kaohsiung will therefore be strategic for our advancement in Intra-Asia where we are connecting the key markets of Japan, Korea, the Philippines, Thailand and Vietnam amongst others via the relay hub today.”

The facility has an annual capacity of 1.5m teu and receives vessels from APL, its parent company CMA CGM, and other carriers. These vessels can potentially be up to 14,000 teu in size.

The 101-acre terminal also has a linear quay length of 640 m, a draught of 15.2 m, a container freight station and a 21,000 teu yard.