01/01/0001
Vado Terminal Acquisition
APM Terminals has acquired Vado Ligure Reefer Terminal S.p.A. from the Italian-based GF Group, bringing into the APM Terminals Global Terminal Network the Mediterranean Sea’s largest refrigerated terminal facility. Located on Italy’s northwest Ligurian Coast, Vado Reefer Terminal represents an annual throughout capacity of 275,000 TEUs, with 510 reefer plugs, a depth of 14.5 meters, and 465 meters of quay and handles 600,000 pallets of fresh fruit imported into northern Italy and inland European locations.
The acquisition is in accordance with the Vado Port’s Master Plan to create new supply chains for serving markets in Northern Italy, Southern France, Switzerland and Germany. The terminal is located adjacent to the development site of APM Terminals’ Vado port project, which will open in January 2018. The new container terminal, which will merge operations with the existing reefer facility, will provide an 800,000 TEU annual throughput capacity and a 17 meter depth, making it the only facility in Italy capable of handling Ultra-Large Container Ships of 18,000 TEU capacity and above.