APM Terminals expands Gemini’s central hub with 2 million TEU boost in Salalah

APM Terminals-operated Port of Salalah has invested US$300 million in expanding and ensuring readiness for the new network under the Gemini Cooperation of Maersk and Hapag-Lloyd.

The investment has included upgrades to all six existing berths and an expansion of the yard. The expansion has moved the terminal from a capacity of 4.5 million to 6.5 million TEUs and cements the Port of Salalah’s position as a key hub in the region with ideal access to the Middle East, the Indian Subcontinent and...

https://container-news.com/apm-terminals-expands-gemini-central-hub-salalah/

First look: Maersk saw across-the-board gains in 2024

Maersk saw across-the-board gains in revenue and earnings in 2024 on buoyant freight rates and sustained demand throughout the year.

The world’s second-largest ocean container line on Thursday reported full-year 2024 revenue of $55.4 billion, up from $51 billion in 2023; pretax profit (earnings before interest, taxes, depreciation and amortization) of $12.1 billion, up from $9.6 billion; and operating profit (earnings before interest and taxes) of $6.5 billion, increased from $3.9 billion.

Revenue...

https://www.freightwaves.com/news/first-look-maersk-saw-across-the-board-growth-in-2024

Los Ángeles, el puerto de contenedores estadounidense más ocupado, planea un futuro aún más grande

Si bien la cadena de suministro global parecía azotada diariamente en 2024, una cosa permaneció constante: un verdadero tsunami de contenedores oceánicos que se movían a través del puerto de Los Ángeles. El centro comercial marítimo más ocupado de los Estados Unidos movió 10.3 millones de unidades...

https://fullavantenews.com/los-angeles-el-puerto-de-contenedores-estadounidense-mas-ocupado-planea-un-futuro-aun-mas-grande/?lang=es

Los Angeles, the busiest US container port, plans even bigger future

While the global supply chain seemed whipsawed on a daily basis in 2024, one thing remained constant: a veritable tsunami of ocean containers moving through the Port of Los Angeles.

The busiest U.S. maritime trade hub moved 10.3 million container units in 2024, a record 1.7 million TEUs or nearly 20% higher than a year ago.

“That is our second-best year in the 117-year history of the Port of Los Angeles,” said Executive Director Gene Seroka, who spoke at the annual State of the Port event...

https://www.freightwaves.com/news/los-angeles-the-busiest-us-container-port-plans-even-bigger-future