The Jordanian container terminal is operated in partnership with Aqaba Development Corporation (ADC) and the extension agreement takes the concession through to 2046.

“This renewal marks the next steps of our ambitious future to upgrade the terminal in Aqaba, Jordan,” said Keith Svendsen, CEO of APM Terminals, the terminal operating arm of Maersk. 

“The extension of the partnership underlines our successful public-private partnership in Jordan, and it will help us expand and develop our relationship even further, exploring the opportunities in creating a green corridor connecting the supply chains of Jordan, while at the same time it is a central value for APM Terminals to develop job opportunities and upskilling of our employees to the benefit of the Kingdom.”  

An investment of approximately $242 million is part of the development plans aimed at, among other things, reducing emissions and reaching net zero by 2040. The commitment to sustainability at the terminal is already evident through integrating solar energy, which reduces the environmental footprint on electricity, and water consumption.

The Aqaba Container Terminal (ACT) has delivered a steady, high productivity and in 2023 the terminal had a record high throughput of more than 898,000 teu, up 5.4% compared to the previous year.

“Since APM Terminals and Aqaba Container Terminal launched their vision for sustainable, empowered, and enhanced operations, the commitment and execution by our dedicated teams have been instrumental in bringing this vision to action,” says Harald Nijhof, CEO of ACT.  

The extension of the concession agreement will be marked later with an official signing in Jordan.