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2011 April 26   11:21

APM Terminals eyes investment in Baltiysk port

AP Moller-Maersk’s APM Terminals, is considering the investments in the construction of a new port in Baltiysk (Kaliningrad region), RIA Novosti reports citing the materials for today's visit of Russian Prime Minister Vladimir Putin to Sweden.

Upon completion, the new port will become the gateway for trade flows in the Baltic Sea region and will be able to handle 6m TEUs a year.

The A.P. Moller - Maersk Group incorporates scores of shipping, offshore and terminal assets, etc . worldwide. AP Moller-Maersk operates the world's largest container fleet, and controls the largest share of Danish oil extraction in the North Sea, along with its partners Shell and Chevron. APM Terminals is represented in 34 countries and operates a network of 50 terminals.

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