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December 1, 2015
Egypt’s Port Said will soon be able to allow vessels 24-hour access to its container terminal thanks to the recent approval of a new access channel that will allow vessels to bypass traffic waiting to pass through the Suez Canal. Vice Admiral Mohab Mamish, head of the Suez Canal Authority, approved plans to construct a new 5-mile channel into Port Said East.
Read more →May 15, 2015
APM Terminals recently reported it delivered a $215 million profit and a return on invested capital of 12.9 percent in the first quarter of 2015.
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