East Coast Container Terminal Investment Almost Trebled by Operator

Handy Shipping Guide: "APM Terminals has significantly increased its previously announced $70 million investment plans for the APM Terminals Port Elizabeth facility, and now plans an investment total of $200 million. This figure includes ordering four next-generation Ship-To-Shore (STS) cranes to handle ultra-large container ships (ULCS) at the port complex. The vessels are expected to start calling the port after the heightening of the Bayonne Bridge is completed later this year."