APMT Lazaro Cardenas 1.2m TEU terminal is officially inaugurated
THE first phase of the deep-water 1.2 million TEU capacity APM Terminals Lazaro Cardenas on Mexico's Pacific coast has been officially opened in the presence of Mexican President Enrique Pena Nieto and the Danish Prime Minister Lars Lokke Rasmussen.
At full build-out the container terminal, which will be the most technologically-advanced in Latin America, will raise annual throughput capacity to four million TEU in 2030 with an investment of US$900 million, reported Seatrade Maritime News of Colchester, UK.
"Markets with strong trade alliances tend to outperform global growth and Mexico alone has signed more than 45 free trade agreements, making it one of the world's most important economies. Maersk is committed to Mexico, and across our Transport and Logistics brands, we employ more than 800 people locally," CEO of AP Moller-Maersk, Soren Skou, was quoted as saying.
The terminal, which is the second terminal for APM Terminals in Mexico after APM Terminals Yucatan, is currently performing 30 per cent above expectations in terms of container turnaround times. Operational efficiencies per container are expected to improve by 20 per cent.
The terminal welcomed its first vessel call on February 27 - the 9,600 TEU-Maersk Salalah, which is deployed on Maersk's AC2 Transpacific service from Asia.
APM Terminals Lazaro Cardenas covers 49 hectares, with a 750 metre-quay and a depth of 16.5 metres. The terminal is equipped with five intermodal rail tracks and offers automated gate services with five ship-to-shore cranes.