APM Terminals invests to expand Turkish trade

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Turkey, August 13, 2014 (STAT):-APM Terminals Izmir has selected ZPMC as the provider of the most efficient and safest cranes to operate Izmir’s only container terminal capable of serving vessels larger than 10,000 TEU, in one of the fastest growing economies in the world.

The new terminal - Izmir and Western Turkey’s largest and most modern - in Petkim Port will allow shipping lines to upgrade the size of vessels calling Izmir, as well as introduce direct calls from Asia, the sub-continent and the Middle East for vessels larger than 10,000 TEUs.

“This will be a complete change in Izmir’s role in the global logistics chain.  The ordering of these cranes will ensure that APM Terminals Izmir can deliver efficient, reliable and safe operations for these new services, as well as for the larger inter-European trade in Izmir,” said Mogens Larsen, Managing Director of APM Terminals Izmir.

The manufacturing of the three ship-to-shore (STS) quay cranes and 10 Rubber Tire Gantry (RTG) cranes by ZPMC are currently underway in Shanghai, P.R. China, and will be delivered for Phase 1 of the new APM Terminals Izmir facility in summer 2015.

In 2013, the Turkish economy ranked 16th globally at USD $1.1 trillion (by Purchasing Power Parity), and is among the fastest growing economies in Europe, with annual GDP growth of 3.5% forecast by the World Bank in 2015.

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