ACT registers impressive growth in T1 2011

Press release

Published May 31st, 2011 - 07:56 GMT

Al Bawaba

Aqaba Container Terminal (ACT), the Kingdom’s primary gateway to the shipping lines of the Red Sea and Levant, recently announced its performance results for T1 2011, reporting substantial improvements over the 2010 results for the same period.

Total throughput reached a record breaking 219331 TEUs, an impressive 16.6 percent increase over the terminal’s throughput in 2010, whereas the total throughout for April of this year reached 63498 TEUs, registering a 32.4 percent year-over-year increase.

Furthermore, In-transit cargo for the same period totaled 33080 TEUs, compared to 18294 TEUs registered in the same period last year, whereas April of this year recorded 10546 TEUs compared to 4403 TEUs last year.

On the other hand, Truck turnaround time for double transactions reached 40 minutes during T1, compared to last year’s record of 72 minutes, whereas the number of trucks served reached 82460.

“We are more than proud of the terminal’s remarkable achievements for T1 2011, which reflect our steadfast dedication to growth and development,” commented ACT’s CEO, Soren Hansen. “These results demonstrate the effectiveness of the performance enhancement strategies implemented by the terminal in various aspects of its operations, not to mention the substantial investments we have made in new robust technologies that have allowed us to make considerable strides in both efficiency and green operation.”

Background Information

Aqaba Container Terminal

In 2003, the Aqaba Development Corporation (ADC), on behalf of the Aqaba Special Economic Zone Authority, was on a mission to acquire a strategic partnership to improve the efficiency, capacity and the operational performance of the container terminal in Aqaba. After signing a Terminal Management Contract with ADC in 2004, APM Terminals (part of the global A.P. Møller–Maersk Group), took over the management and operation of the terminal.

A 25-year Joint Development Agreement (JDA) was signed between ADC and the Aqaba Container Terminal (ACT) in 2006. Under the contract, APM Terminals Jordan operates, manages and markets ACT in addition to executing the Master Plan, which anticipates achieving a drastic increase of throughput capacity through a combination of physical and operational improvements.