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APM terminals completes land purchase for Suape terminal

Brazil’s APM Terminals Suape has completed the purchase of approximately 500,000 sq metre for the development of a fully electric terminal.

Michele Labrut, Americas Correspondent

January 12, 2024

1 Min Read
APM Terminals Suape render
Image: APM Terminals

APM Terminals Suape will be the first 100% electrified terminal in Latin America according to APM Terminals and will be able to handle up to 400,000 teu annually and will increase the capacity of the port complex by 55%.

With the finalisation of the purchase of land at the Governador Eraldo Gueiros Port Industrial Complex (Suape), Pernambuco, plans to commence operations in the second quarter of 2026 are on track, with work due to commence this month and next, said APM Terminals in a statement.

In 2022, the Maersk-owned port operator won the judicial auction for the acquisition of the Isolated Production Unit of Estaleiro Atlântico Sul (EAS) land. Since then, APM Terminals has taken several legal steps to complete the deal, made official with the signing of the land purchase.

The terminal operator said remote-controlled RTGs (Rubber Tyred Gantry Cranes), would increase remote operational agility, positively impacting productivity and ensuring greater safety.

 

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About the Author

Michele Labrut

Americas Correspondent

Michèle Labrut is a long-time Panama resident, a journalist and correspondent, and has continuously covered the maritime sector of Central & Latin America.

Michèle first came to Panama as a press attaché to the French Embassy and then returned to the isthmus as a foreign correspondent in the 1980s.

Author of Seatrade Maritime's annual Panama Maritime Review magazine and of several books, Michèle also wrote for Time magazine, The Miami Herald, NBC News and the Economist Intelligence Unit. She has also collaborated in making several documentaries for the BBC and European and U.S. television networks.

Michèle's profession necessitates a profound knowledge of the country, but her acumen is not from necessity alone, but a genuine passion for Panama.

In 2012 she was awarded the Order of Merit (Knight grade) by the French Government for her services to international journalism and in 2021 the upgrade to Chevalier grade.

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