APM Terminals said Wednesday it has signed a 32-year concession contract with the Port Authority of the Port of Lazaro Cardenas (APILAC) for the design, financing, construction, operation, and maintenance of a new specialized container terminal at the port. The announcement comes seven months after APMT, the global container terminal operator, won a tender at the Mexican port. The first $300 million phase of the terminal is scheduled for completion in 2015. It will in...