Tag: Port of Gothenburg

USD 115 million investment planned for Port of Gothenburgs Skandia Container Terminal Executives from the Port of Gothenburg and APM Terminals​ were on hand for the concession signing ceremony for Sweden's Skandia Container Terminal. The decision reflects the port's review of APM Terminals' bid submitted on 7 September 2011 to manage the port for the next 25 years. APM Terminals will invest over USD 115 million in the first five years of operation to make the port more competitive as a North Europe freight hub for the Nordic markets. Most of the investment will target infrastructure improvements.In the last two years, the Port of Gothenburg has prepared its Ro/Ro, car and container terminals for privatization by incorporating them as separate concession holders, believing that private ownership of these terminals will give a new impulse to investment, competitiveness and cargo volumes."This is a big day not only for Gothenburg but also for the whole of Swedish industry. With APM Terminals global network and expertise and a willingness to invest, the Port of Gothenburg will consolidate its role as the major international port in Sweden," states Sven Hulterström, Chairman of the Port of Gothenburg."We are delighted that APM Terminals has been selected ...

Important steps towards cleaner shipping The Port of Gothenburg is known internationally for its environmental work. Rail shuttles, onshore power supply for vessels and plans to supply vessels with liquefied natural gas are just some of its flagship initiatives.Now the port is working with its customers to take its environmental investment to another level. Shipping lines that choose a fuel containing a maximum of 0.1 per cent sulphur can receive up to SEK 250,000 in compensation for increased fuel costs. 0.1 per cent sulphur is 10 times lower than the statutory limit. Other fuels, such as liquefied natural gas, can also qualify for financial support.For a number of years the Port of Gothenburg has levied a supplementary charge on vessels with more than 0.5 per cent sulphur in the fuel. The revenue from this charge, what has been termed an environmentally differentiated port charge, is now being channelled back to shipping lines that choose to invest in clean fuel in their tanks."We have worked with our customers to arrive at proposals for how this revenue should be used. Providing support for low-sulphur fuel is one of several initiatives," states Magnus Kårestedt, Port of Gothenburg chief executive.Sulphur emissions harmful to both ...