APM acquires interest in Ecuador terminal
APM Terminals has acquired a 51 percent share in Alinport S.A., which is developing a container terminal in Guayaquil, Ecuador, from the Spanish Albacora Group. Terms were not disclosed.
Alinport is a greenfield terminal project that is expected to have an annual capacity of 700,000 TEUs of containerized cargo. The terminal is expected to be operational by late 2009.
APM acquires interest in Ecuador terminal