A.P. Moller Capital to Buy Singapore's Portek International from Mitsui

· Logistics · Singapore · Japan

A.P. Moller Capital has signed an agreement to acquire 100% of Singapore-based Portek International from Mitsui & Co. Portek is a feeder terminal operator with interests in seven port terminals across Algeria, Gabon, Indonesia and other markets. The deal hands the investment arm of A.P. Moller-Maersk a portfolio of emerging-market feeder terminals, deepening its footprint in smaller ports that feed mainline container networks. Terms were not disclosed.

Why it matters：Feeder terminals are the connective tissue of container shipping; this deal shows infrastructure investors consolidating emerging-market port assets, which could reshape competition and capacity at secondary ports.

Key points

  • A.P. Moller Capital signed to acquire 100% of Portek from Mitsui & Co.
  • Portek has interests in seven port terminals, including in Algeria, Gabon and Indonesia
  • Portek is a feeder terminal operator

Sources (original reporting)

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