UASC new ship makes maiden call to APM Terminals
THE second of United Arab Shipping Company’s (UASC) six ordered 18,800 Twenty foot Equivalent Unit (TEU) capacity Ultra-Large Container Ships (ULCS), the LNG-ready Al Muraykh, called APM Terminals Zeebrugge on October 16, 2015 on its maiden voyage to Europe.
The UASC’s Asia/Europe Container Service 1 route (AEC1) vessels form part of the largest ones to be powered by either liquefied natural gas (LNG) or conventional heavy fuel oil.
They are also the first to have received DNV GL certification of compliance with the latest LNG regulations.
APM Terminals Zeebrugge Managing Director, Carla Debart said: “United Arab Shipping Company is setting a new world standard in environmental performance for liner services, as well as fleet growth, and we are very proud to be a part of this historic process.”
Currently the world’s 15th-largest shipping line, with a fleet of 56 vessels representing an overall capacity of 482,617 TEUs, UASC has embarked on a programme of expansion which includes pending deliveries of 4 x 18,800 and 6 x 15,000 TEU-sized vessels, which will add approximately another 170,000 TEUs, increasing the company’s fleet capacity by 35%.
As of September 1, there were 31 vessels of 18,000 TEU capacity or above in service in the global container fleet, with 72 more awaiting delivery.
Meanwhile, Dutch container terminal operator APM Terminals has agreed to purchase the remaining 39 per cent of shares in the Barcelona-based Grup Maritim TCB from Perez y Cia, with the overall value of the deal estimated at USD 1 billion.
Back in September, APM Terminals bought 61 per cent share in Grup Maritim TCB, operator of 11 container terminals in Europe and Latin America, from Perez y Cia.
“This 100% share agreement reflects a major milestone in paving the way for closing this deal and expanding our competitive offerings for our clients.
“The complementary expertise and market geography of the Grup Maritim TCB portfolio will enable us to bring more value to our clients, achieve our growth ambitions and further diversify our global portfolio,” APM Terminals Chief Executive Officer Kim Fejfer said.
The Dutch operator plans to invest around 400 million into Grup Maritim within next five years. The transaction is expected to close in the first quarter of 2016, subject to certain conditions precedent, including relevant approvals.
Grup Maritim TCB’s 11 container terminals have an annual throughput capacity of 4.3 million TEUs and an estimated annual container volume of 3.5 million TEUs.
The portfolio consists of Spanish container terminal concessions in Barcelona, Valencia and Castellon, on the Mediterranean coast, along with the concessions in Gijon, on the Bay of Biscay, and in the Canary Islands: Santa Cruz on Tenerife and Santa Cruz on La Palma. \