APM Terminals Mobile: Mobile Port Expansion Boosts Capacity

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Introduction

The Alabama Port Authority and APM Terminals Mobile have reached an agreement to construct a new 1,300-foot container berth at the Port of Mobile, a $131 million project scheduled to begin in 2026.

Project Scope and Funding

The project, valued at $131 million, aims to increase capacity at the existing container terminal in Mobile by 50%. Funding for the project comes from the federal government and APM Terminals.

Capacity Enhancement

Upon completion, the terminal will be able to accommodate three ultra-large container vessels concurrently. The annual berth capacity of APM Terminals Mobile will reach 1.4 million 20-foot equivalent units, supported by seven ship-to-shore cranes.

Construction Timeline

Construction is scheduled to commence in 2026, with an estimated completion time of two years.

Contract Extension

Alongside the berth construction agreement, APM Terminals and the port authority have agreed to a 20-year extension of APM’s contract to operate the container terminal. The updated agreement extends the contract to 2058, with provisions for two 10-year extension options.

Conclusion

The Alabama Port Authority and APM Terminals Mobile have finalized an agreement for a new container berth at the Port of Mobile, including a contract extension for APM Terminals to operate the terminal.

Company Summary

Alabama Port Authority: The Alabama Port Authority is responsible for the operation and development of port facilities in Alabama.

APM Terminals Mobile: APM Terminals Mobile operates the container terminal at the Port of Mobile.

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