Maersk Expands Terminals with Agreements in Croatia and Saudi Arabia
November 10, 2021 Maritime Safety News
Shipping major A.P. Moller-Maersk is continuing to move forward with its business strategy designed to build the company’s logistics operations as part of the plan to expand as a full-service supplier to shippers. Last week, through its APM Terminals operation, the company announced two further terminal projects focusing on expanding operations in Eastern Europe and the Middle East.
APM Terminals and Croatian company ENNA formalize a project for the design, construction, and operation of the new container terminal in the Croatian port of Rijeka that the companies said will serve as a new gateway to Central Europe able to handle the world’s largest containerships. Earlier in the week, Maersk signed an agreement with Saudi Ports Authority Mawani for the development of a new integrated logistics park at the Jeddah Islamic Port in Saudi Arabia.
“For APM Terminals, development of this new facility is in line with our newly launched strategy of “Safer, Better, Bigger”. We want to grow our business where it makes sense and where our customers need us, and this is clearly the case with Rijeka”, shared APM Terminals CEO Morten Engelstoft.
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