APM Terminals Yucatán, operator of the Port of Progreso, Mexico, has an investment to expand and modernise the Progreso container terminal which is ex..."> APM Terminals Yucatán, operator of the Port of Progreso, Mexico, has an investment to expand and modernise the Progreso container terminal which is ex...">

APM Terminals Yucatan to expand

APM Terminals Yucatán, operator of the Port of Progreso, Mexico, has an investment to expand and modernise the Progreso container terminal which is expected to improve trade growth and economic development in the Yucatan peninsula. 

APM claims the terminal has increased volumes from 80,000 to 140,000 TEUs throughput over the last two years, as the region’s economic activities expand. This year alone the terminal expects 20-35% further growth in volume. 


The terminal provides the region with connectivity through 5 vessels a week, including direct connections with the US and Europe. To continue to facilitate this trade growth, APM Terminals has committed to investing in the terminal to meet the needs of importers/exporters in the region and shipping lines. 


“We are committed to the long-term sustainable development of the region and are delighted to announce that we have signed an addendum with the port authority to commence a 20% expansion of the yard to support the region’s growing trade needs, as well as other investments to improve productivity and efficiency. This represents a significant additional investment on top of the USD 22.6 million that has already been invested in the terminal since the concession began in 2005,” says Martijn Koolen, Managing Director of APM Terminals Yucatan. 


The modernization, which will represent an important investment by APM Terminals, will include a 20% expansion of the yard capacity, representing an investment of USD 714,000 and the acquisition of two new reach stackers to improve operational productivity. The terminal has already taken delivery of one. It also includes the software optimisation and launch of a digital client portal to streamline transactional efficiency.

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