Bangkok- Maersk terminal operator, APM Terminals, has signed a memorandum of understanding for an ambitious port project in Thailand. Together with Sahathai Terminal PLC (PORT) and Mitr Phol Sugar, APMT wants to develop a 345,000 TEU capacity greenfield container terminal in Bangkok.
Sahathai Terminal, Thailand’s leading container terminal and logistics company, and Mitr Phol Sugar had formed a joint venture company to develop the container terminal. APMT will now join in.
“Once developed, we expect the terminal to play a critical role in lifting trade for Thailand. It will not only deliver higher reliability for global customers, but also enable more efficient multi-modal transportation options for Thai shippers, thereby delivering ease of doing business and growing Thailand’s economy,” said Maarten Degryse, Managing Director, APM Terminals Inland Services, Thailand.