rss icon Subscribe
desktop mobile

APM Terminals Poti to Build Cargo Terminal

Photo: APM Terminals

By Aiswarya Lakshmi

APM Terminals Poti and Poti New Terminals Consortium signed a Memorandum of Understanding (MOU) for a USD 100 million dollar investment in a new bulk cargo terminal that can process 1.5 million tons of dry bulk cargo annually and generate new trade opportunities for customers in the Georgian transit corridor.

The new terminal is expected to be built on APM Terminals Poti land and infrastructure and will entail the construction, development and operation of a new breakwater, dry bulk cargo terminal and related infrastructure to serve bulk cargo customers.
Poti New Terminals' expertise will design, develop and manage the dry bulk cargo terminal to today's world-class port standards.
APM Terminals Poti is a Black Sea gateway port serving the logistics industry in the Caucasus and Central Asia markets and is an economic engine for Georgia's future growth.
The MOU was signed January 12, 2018 at the Courtyard Marriott, Tbilisi and included customers and honorary guests from the Ministry of Economy and Sustainable Development of Georgia, Georgian Railway and Sea Administration, officials from Poti City Hall and Municipality, employees of Poti Sea Port Corporation and business leaders invited by Poti New Terminal Consortium.

Jan 12, 2018

 

Logistics

Maersk, IBM to Launch Blockchain Joint Venture

(Photo: A.P. Moller-Maersk)

The world’s largest container shipping firm A.P. Moller-Maersk is teaming up with IBM to create an

Norden Boosts Earnings Expectations

Photo: Peter Gramstrup / Norden

Danish shipping firm Dampskibsselskabet Norden A/S said its unaudited and preliminary results

Port of Rotterdam: 2017 in Review

Photo: Kees Torn, Port of Rotterdam

Over the past year, 29,646 seagoing vessels entered the port of Rotterdam, up more than 600 from

Ports

Port of Rotterdam: 2017 in Review

Over the past year, 29,646 seagoing vessels entered the port of Rotterdam, up more than 600 from 2016's 29,022.    The number of incidents in the port fell from 159 to 129

Top 20 Cruise Ports: Apply Now

© PixieMe / Adobe Stock

The January/February 2018 edition of Maritime Logistics Professional will focus on today’s cruise

Port of Oakland Records its Busiest Year Ever

(Photo: Port of Oakland)

The equivalent of 2.42 million 20-foot containers were handled at the Port of Oakland in 2017

Maritime Apps