APM Terminals acquires Italian refrigerated container terminal facility

APM Terminals acquired the Vado Ligure Reefer Terminal, a refrigerated terminal in the Mediterranean handling 600,000 pallets and 275,000 TEUs per year. The reefer terminal is located adjacent to the construction site of the APM Terminals Vado port project which will open in January 2018. Upon completion the Vado port project will have an annual capacity of 800,000 TEUs and a berth depth of 17 metres.

Carlo Merli, APM Terminals CEO stated, “The integration of the Vado Reefer Terminal with our new, future semi-automated container terminal enhances the logistics options for businesses and the shipping lines calling the Ligurian coast, serving all of Northern Italy and beyond.”

Merli added, “We are excited to introduce a new, better way to serve global supply chains with our reefer terminal and its ideal fit with our deepwater container terminal. The APM Terminals Vado facility will be the only port in Italy able to handle ultra-large container ships of over 18,000 TEUs capacity when it opens in January 2018.”