American President Lines (APL) has signed a deal with Taiwan Branch and Taiwan International Ports to renew its terminal lease at the Port of Kaohsiung, Taiwan.
The newly agreed contract extension will enable APL to retain its current location in the Kaohsiung port for a ten-year period from 1 January 2018 to 31 December 2027.
APL’s terminal currently handles the company’s own vessels, as well as carriers operated by other organisations such as CMA CGM.
The 101-acre terminal is equipped to handle 1.5 million twenty-foot equivalent units (TEU) of cargo annually.
It comprises two cargo berths featuring a linear quay length of 640m and draft of 15.2m, and can handle ships with capacities of up to 14,000TEUs.
The terminal features a container freight station, a 21,000TEU yard, three maintenance and repair workshops and two warehouses, in addition to two gas stations that provide onsite logistics support to APL shippers.
APL CEO Nicolas Sartini said: “Today, intra-Asia container volume accounts for one-sixth of all containers moved globally.
“We see further growth prospects in this trade, where APL is seeking to be a major player.
“Our terminal in the Port of Kaohsiung will therefore be strategic for our advancement in Intra-Asia, where we are connecting the key markets of Japan, Korea, the Philippines, Thailand and Vietnam amongst others via the relay hub today.”
APL is also planning to upgrade the terminal operating system at Kaohsiung port in order to increase the facility’s overall operational capability and efficiency.