The cranes can handle 18-row post-Panamax vessels and perform 30 moves per hour, improving upon cranes previously in operation at Aqaba.
The owners of the terminal, a joint venture between APM Terminals (a subsidiary of the A.P. Moller – Maersk Group) and the Aqaba Development Corp., in December announced plans for an expansion, including a 460-meter quay extension to increase annual capacity to 2 million TEUs.
“We believe Aqaba’s attractiveness will play a much larger role in global supply chains,' said Kim Fejfer, APM Terminals chief executive officer. 'It’s location, market and cost-effective, high-productivity operations create a clear edge for shippers.”
ACT saw container traffic grow 25 percent during the first three quarters of 2009. In 2008, container volume at the port grew 42 percent to about 600,000 TEUs.
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.
F3 Awards Dinner
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