APL renews terminal lease at Port of Kaohsiung

APL and Taiwan International Ports Corporation Ltd have agreed to renew APL’s terminal lease at the Port of Kaohsiung, Taiwan. The deal retains APL’s current terminal plot in the Kaohsiung port for another 10 years from January 1, 2018 to December 31, 2027.

Nicolas Sartini, APL Chief Executive Officer said, “Today, Intra-Asia container volume accounts for one-sixth of all containers moved globally. We see further growth prospects in this trade where APL is seeking to be a major player. Our terminal in the Port of Kaohsiung will therefore be strategic for our advancement in Intra-Asia where we are connecting the key markets of Japan, Korea, the Philippines, Thailand and Vietnam amongst others via the relay hub today.”

The terminal currently receives the vessels of APL and other carriers including CMA CGM ,with an annual capacity of 1.5m TEUs. Operating two cargo berths with a linear quay length of 640 metres and draft of 15.2 metres, the APL-operated terminal is equipped to handle ships of up to 14,000 TEUs. The 101-acre terminal also comprises a container freight station, a 21,000-TEU yard, three maintenance and repair workshops, two warehouses and two gas stations that provide value-added onsite logistics support to APL shippers.

In the months ahead, APL will be upgrading its terminal operating system.

Source: APL