APM Terminals hosted a celebration attended by The Netherlands’ Monarch King Willem-Alexander, and 500 senior representatives from the global shipping industry and world governments in honor of the official opening of the new APM Terminals Maasvlakte II Rotterdam facility, the world’s most technologically advanced and environmentally sustainable container terminal.
APM Terminals CEO Kim Fejfer said: “We are honored to officially dedicate our new terminal with you today. APM Terminals Maasvlakte II is clearly a game-changer port in the shipping industry designed to exceed our customers’ expectations. It is significantly safer for our people and all users of the port. It runs on a zero emissions, sustainable business model using renewable energy, benefitting the people of Rotterdam and Europe. And, equally important, our shipping line customers will experience 40 per cent higher productivity – thanks to automation.”
The APM Terminals Maasvlakte II Rotterdam facility ushers in a new era in port innovation. The facility launches the world’s first container terminal to utilize remotely-controlled STS gantry cranes. The cranes move containers between vessels and the landside fleet of 62 battery-powered Lift-Automated Guided Vehicles (Lift-AGVs) which transport containers between the quay and the container yard, including barge and on-dock rail facilities. The Lift-AGV’s also represent the world’s first series of AGV’s that can actually lift and stack a container. A fleet of 54 Automated Rail-Mounted Gantry Cranes (ARMGs) then positions containers in the yard in a high-density stacking system. The terminal’s power requirements are provided by wind-generated electricity, enabling terminal operations which produce no CO2, emissions or pollutants, and which are also considerably quieter than conventional diesel-powered facilities.
The facility, constructed on land entirely reclaimed from the North Sea, has been designed as a multi-modal hub to reduce truck traffic in favor of barge and rail connections to inland locations. Construction began in May 2012, with the first commercial vessel call in December 2014. Successful systems testing and ramp-up have been completed to bring the first phase of APM Terminals Maasvlakte II into full operational status. The 86-hectare (212 acre) deep-water terminal features 1,000 metres of quay, on-dock rail, and eight fully-automated electric-powered Ship-to-Shore (STS) cranes, with an annual throughput capacity of 2.7 million TEUs, representing an APM Terminals investment of 500 million euros. At planned full build-out, the terminal will cover 180 hectares (445 acres) and offer 2,800 metres of deep-sea quay (19.65 metres/64.5 feet depth), with an annual throughput capacity of 4.5 million TEUs.
“The future of terminal operations is safer, high-volume, high-productivity performance” added Mr. Fejfer, adding “We are pleased to welcome that future here today.”
The existing APM Terminals Maasvlakte I Rotterdam container terminal, which will remain in service, handled 2.46 million TEUs in 2014, and was cited by an independent Journal of Commerce industry study as the most productive container terminal in Europe for the first half of 2014 with 102 crane moves per hour. In a May 4 headline announcing the opening of Maasvlakte II, the Journal of Commerce’s headline read “New automated Rotterdam container terminal shows how far U.S. lags”, which speaks volumes.
Separately, APM Terminals announced its results for the first quarter of 2015. Revenues increased by 4 per cent to US$1.136 billion compared to the first quarter of 2014. However, net profits declined from US$215 million to $180 million. Results was negatively impacted by significant decreases in key oil dependant markets. The number of containers handled by APM Terminals (weighted with APM Terminals’ ownership interest) decreased by 2.6 per cent compared to 2014, reaching 9.1 million TEUs (9.4 million TEUs). This decrease was mainly due to the divestment of APM Terminals Virginia, Portsmouth, USA and Terminal Porte Océane S.A. Le Havre, France during Q3 2014, which negatively impacted volumes by 3.4 per cent. This was further impacted by lower volumes in key oil dependent markets due to the impact of low oil prices on local economic conditions. Partially offsetting this was the volume ramp up in Maasvlakte II, Rotterdam, The Netherlands, and Brasil Terminal Portuario SA, Santos, Brazil.
Cash flow from operating activities of US$ 271 million developed in line with the operational results. Cash flow used for capital expenditures increased by US$ 102 million, due mainly to investment activities in new projects: APM Terminals Lazaro Cardenas, Mexico and APM Terminals Moin, Costa Rica.