Court holds up APMT Lazaro terminal

Monday, January 30, 2012

A court in Mexico has put on hold a concession granted to APM Terminals’ to develop a new container terminal in the Port of Lazaro Cardenas. The terminal operator, a subsidiary of the A.P. Moller-Maersk Group, confirmed the delay to American Shipper . The suspension of the concession process arose from a court challenge by terminal operator Hutchison Port Holdings (HPH), which operates the existing terminal in the Pacific coast port. APMT announced...

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