APM Terminals partners with Brookfield in New Jersey

Container terminal in Port Elizabeth will be equally owned by Brookfield and APM Terminals

Maersk-owned port operator APM Terminals has formed a joint venture company, APM Terminals Elizabeth, with Canadian asset managment firm Brookfield.

The business agreement means that the two companies will share the ownership of APM Terminals’ container facility in Port Elizabeth in New Jersey, US.

Brookfield was founded in 1899 and the CEO of APM Terminals, Kim Fejfer, said he was happy to team up with an experienced player in the market.

“We are entering into this partnership to strengthen our presence in the Port of New York and New Jersey," Fejfer said. "Brookfield is a leading real estate investor in this market and has a substantial presence in the port."

APM Terminals expects the joint venture to be officially approved in the next couple of months.

TOP STORIES

Connect club

Connect Club is your gateway to a vibrant programme of events and an international community in Denmark.

Sign up here

Career

  • Come and join us at Citizens Days!

    Come and join us at Citizens Days!

    On Friday 27 and Saturday 28 of September, The Copenhagen Post will be at International Citizen Days in Øksnehallen on Vesterbro, Copenhagen. Admission is free and thousands of internationals are expected to attend

  • Diversifying the Nordics: How a Nigerian economist became a beacon for inclusivity in Scandinavia

    Diversifying the Nordics: How a Nigerian economist became a beacon for inclusivity in Scandinavia

    Chisom Udeze, the founder of Diversify – a global organization that works at the intersection of inclusion, democracy, freedom, climate sustainability, justice, and belonging – shares how struggling to find a community in Norway motivated her to build a Nordic-wide professional network. We also hear from Dr. Poornima Luthra, Associate Professor at CBS, about how to address bias in the workplace.

  • Lolland Municipality launches support package for accompanying spouses

    Lolland Municipality launches support package for accompanying spouses

    Lolland Municipality, home to Denmark’s largest infrastructure project – the Fehmarnbelt tunnel connection to Germany – has launched a new jobseeker support package for the accompanying partners of international employees in the area. The job-to-partner package offers free tailored sessions on finding a job and starting a personal business.

Want to advertise your job with CPH Post?

Contact us

Jobs