APM Inks Deal for New Bulk Cargo Terminal in Georgia

Port and terminal operator APM Terminals Poti has signed an agreement with Poti New Terminals Consortium for a new bulk cargo terminal.

On January 12, the parties inked a Memorandum of Understanding (MOU) for a USD 100 million dollar investment in the terminal that can process 1.5 million tons of dry bulk cargo annually and generate new trade opportunities for customers in the Georgian transit corridor.

The new terminal is expected to be built on APM Terminals Poti land and infrastructure and will entail the construction, development and operation of a new breakwater, dry bulk cargo terminal and related infrastructure to serve bulk cargo customers.

Poti New Terminals’ expertise will design, develop and manage the dry bulk cargo terminal to today’s world-class port standards.

APM Terminals Poti is a Black Sea gateway port serving the logistics industry in the Caucasus and Central Asia markets.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

CruiseConnect Global 2019

Attend CrewConnect Global and stay on for the CruiseConnect Summit to take part in an industry-wide conversation focused…

read more >

CEDA Dredging Days 2019

CEDA Dredging Days programme will follow its successful format of contributed peer-reviewed…

read more >

Offshore Wind Europe 2019

#OWEU19 is a meeting place for governments, developers and suppliers to grow the confidence in wind power. Perfect to grow your business by securing new customers, meeting officials and industry heads.

read more >

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >