A.P. Moller Capital Acquires Singapore's Portek from Mitsui

· Shipping · Singapore · Japan

A.P. Moller Capital has signed an agreement to acquire 100% of Singapore-based Portek International from Japanese trading house Mitsui & Co. The Copenhagen-based infrastructure investor will acquire Portek through its Emerging Markets Infrastructure Fund II. Portek is a feeder terminal operator with interests in seven port terminals across Algeria, Gabon, Indonesia and other markets. The deal marks another port acquisition for A.P. Moller Capital, which has been expanding its emerging-markets infrastructure portfolio. Financial terms of the transaction were not disclosed. The acquisition is subject to customary closing conditions.

Why it matters：The deal consolidates feeder terminal ownership in emerging markets under a major infrastructure investor, potentially reshaping port competition in Africa and Southeast Asia.

Key points

  • A.P. Moller Capital will acquire 100% of Portek International through its Emerging Markets Infrastructure Fund II.
  • Portek has interests in seven port terminals across Algeria, Gabon, Indonesia and other markets.
  • The seller is Japanese trading house Mitsui & Co.

Sources (original reporting)

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