The facility is Scandinavia’s largest container terminal and handles about 800,000 containers per year, approximately 60% of Sweden’s total container traffic, while serving as a key gateway for Swedish and Norwegian inland points.  To commemorate the transition, new signs were posted at the terminal and the APM Terminals flag will be displayed.

The agreement with APM Terminals was signed in October 2011 and formal approval was granted by the Swedish Competition Authority in December. The Port of Gothenburg, which will continue to own the land, quays and buildings awarded a 25-year concession agreement to APM Terminals for the deep-water facility’s management and operations, and calls for significant investment in terminal and equipment upgrades, including three new super-post Panamax cranes to handle the largest vessels entering into service. Gothenburg is served by 24 daily rail services to commercial and industrial centers in Sweden and neighboring Norway.

Kim Fejfer, CEO of APM Terminals, stated “We are very impressed with the Port of Gothenburg’s privatization efforts for the port, and with the Skandia Container Terminal’s transition plan, and look forward to working closely with them to help make Gothenburg one of Scandinavia’s, and Northern Europe’s leading container hubs.”

With world headquarters in The Hague, Netherlands, APM Terminals is the world’s leading  port and inland operator with interests in 63 container terminals in 36 countries and local Inland Services operations in over 150 locations in 46 countries.

On February 17, Keld Pedersen takes over as Managing Director of APM Terminals Gothenburg AB as the present CEO, Sven Porelius leaves the company. Keld Pedersen was born in Denmark and has extensive experience in terminal operations around the world. Most recently, he was chief operating officer at the Port of Tanjung Pelepas in Malaysia, one of the world’s fastest growing ports over the past five years.

These name changes represent the ongoing integration of these companies into Kongsberg Maritime’s corporate structure. Kongsberg GeoAcoustics  has been manufacturing marine survey equipment for more than 25 years, and is a world-leading manufacturer of sonar survey systems for engineering geophysics and Naval survey applications.  Principle product lines are swath bathymetry systems for shallow waters, side scan sonars and sub-bottom profilers. The company’s top selling system is the wide swath bathymetry system “GeoSwath Plus” which provides users with very accurate and high resolution shallow water multibeam data and simultaneous true geo-referenced digital side scan images. Over 180 GeoSwath Plus systems have been shipped so far for both boat mounted and AUV/ ROV mounted installations. In 2011 the Hydrographic Offices of Germany, Mexico, Poland and Spain joined the growing  list of GeoSwath Plus clients.

GeoAcoustics was acquired by Kongsberg Maritime in September 2008 and has since that time been integrated into the infrastructure of its new parent company and subsequently seen significant growth in busine

The Vladivostok project is vital for expanding freight traffic along international transit routes running through the Russian Far East. The Bank’s seven-year loan will enable FESCO to upgrade the Vladivostok commercial seaport, a major infrastructure hub in this important region, as well as the company’s intermodal container
operations. The aim is to turn Vladivostok into a modern, clean and efficient port focused on handling high-value and environmentally friendly cargo, particularly in containers. Most of the port infrastructure in the Russian Far East was built over 50 years ago and the current lack of adequate port and inland container terminal facilities have created bottlenecks which hinder the growth of export-import flows through Russia’s gateways. As one of the few companies on the Russian market which owns facilities at every stage of the logistics chain, including shipping, railways and port facilities, FESCO’s strategy is to provide a single-service intermodal transportation system for its customers, particularly in the container market.

“The project highlights both the EBRD’s commitment to renewing key Russian infrastructure projects as well as support for the private sector’s role in raising the efficiency of the country’s transport system,” said Varel Freeman, EBRD’s First Vice President. In August 2008 the EBRD acquired a 3.7 per cent equity stake in FESCO, whose shares are listed on Moscow’s MICEX and RTS exchange.

NCS/NCX is a mainline service, connecting major destinations like Singapore, Port Kelang, Hong Kong, Shanghai and other Chinese Ports. With faster transit to/from China and Far East, key south Indian markets such as Bangalore, Coimbatore, Tirupur Pollachi, Erode and Salem, will have a faster cost effective connectivity to their major suppliers and buyers. The service also accepts containers from Cochin to US west coast, Australia and South America offering multiple connectivity from
Singapore and Shanghai ensuring the fastest transit time from South India to these destinations. Connectivity by rail to Bangalore and Coimbatore from/to ICTT with a frequency of 4-5 trains per week and good coastal connectivity to ports like Tuticorin, Mangalore, Kandla and Mundra will facilitate exports and imports from various hinterland locations to use ICTT to connect their containers directly to and from various ports in China, Australia, US West Coast, Far East and South America.