APMT signed a 32-year concession for the design, construction and operation of the TEC2 terminal in Aug. 2012, which represents an overall investment of $900 million. Developments for the terminal began in Nov. 2014. The semi-automated deep water terminal will have an annual capacity of 1.2 million TEUs.
Phase 1 of the development project will include seven STS cranes with a 24-row reach; 750 meters of quay to accommodate two, 350-meter vessels of up to 15,000 TEUs simultaneously; a fully-automated gate; and an on-dock intermodal rail facility.
The TEC2 terminal will be the most technologically advanced container terminal in Latin America, APMT Mexico’s Managing Director J.D. Nielsen said.
Situated along Mexico’s Pacific Coast, the Port of Lazaro Cardenas has facilities for general cargo, dry bulk, liquid bulk and containerized cargo.
In addition to the new TEC2 terminal, APM Terminals is looking into expanding operations into the Port of Veracruz and expressed interest in participating in the public tender for the first container terminal in the port’s expansion plan, Maersk Group’s CEO Nils Smedegaard Anderson said.
The company wants to eventually connect the Pacific and Gulf Coast operations through intermodal rail links intersecting at APM Terminals’ Cuautitlan Izcalli intermodal rail facility near Mexico City.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
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The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now