Aqaba Container Terminal concession extended with investment deal

Capt. John

APM Terminals and Aqaba Development Corporation (ADC) have signed a US$ 242 million agreement to expand the Aqaba Container Terminal (ACT), boosting annual capacity to over 1.7 million TEU. Jordanian Prime Minister, Jaafar Hassan, was present at the signing ceremony, underscoring the importance of the project in developing the country’s economic infrastructure. 

The partnership reinforces the long-standing collaboration between ADC and APM Terminals, which dates back to 2006. Over the years,...

https://www.themaritimestandard.com/aqaba-container-terminal-concession-extended-with-investment-deal/

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