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A.P. Moller Capital agreed on October 15 to acquire 100% of Singapore-based Portek International from Mitsui through its Emerging Markets Infrastructure Fund II, adding interests in seven terminals across Algeria, Gabon, Indonesia, Latvia, Malta and Vietnam. Portek employs about 1,400 people and its terminals handle roughly 7 million tonnes of bulk cargo, 700,000 containers and 90,000 vehicles annually. The transaction remains subject to regulatory and other approvals. It follows A.P. Moller Capital's September 28 agreement to acquire a majority stake in Euroports, operator of more than 50 terminals handling over 70 million tonnes annually, and its completed 51% investment in port operator BERGÉ in 2025. These investments are separate from Maersk's APM Terminals business.
Three Port-Platform Deals Are Starting to Form a Pattern
A.P. Moller Capital is buying control positions in established port operators rather than acquiring terminals one at a time.
Completed majority investment. Presence in 27 ports in Spain and southern France, with longer-term Latin American ambitions.
Majority stake agreed. More than 70 million tonnes of bulk, breakbulk and liquid bulk handled annually.
100% acquisition agreed. Portfolio spans six countries across Africa, Asia and Europe.
Published Port or Terminal Locations Across the Three Platforms
BERGÉ's 27-port presence plus more than 50 Euroports terminals and seven Portek terminal interests. Euroports and Portek remain pending transactions.
Infrastructure investment manager using multiple funds and investment vehicles to own or control transport and logistics businesses.
A separate A.P. Moller-Maersk operating business with 60 terminals in 34 countries. It is not the buyer of Portek or Euroports.
What A.P. Moller Capital Is Actually Buying in Portek
Portek is not a seven-terminal clone portfolio. It mixes containers, bulk, vehicles, ro-ro, cold storage, rail and conventional cargo, with ownership structures ranging from subsidiaries to joint ventures and indirect shareholdings.
| Terminal | Country | Primary Cargo | Published Capacity | Water Depth | Portek Position |
|---|---|---|---|---|---|
| Bejaia Mediterranean Terminal | Algeria | Containers | 300,000 TEU | 12 m | Concession through JV with Algerian port authority |
| Port d'Owendo | Gabon | Ro-ro, containers, vehicles, bulk | 130,000 TEU | 9.5 m | Managed through Gabon Port Management |
| Port of Port-Gentil | Gabon | Ro-ro, containers, vehicles, supply boats | 10,000 TEU | 11 m | Managed through Gabon Port Management |
| Terminal 110-113, Jakarta | Indonesia | Containers | 600,000 TEU | 11-12 m | Operated through PT Dwipahasta Utamaduta |
| Riga Universal Terminal | Latvia | Containers, bulk, cold storage, rail | 140,000 TEU + 3m tonnes bulk | 12 m | Portek operating platform |
| Valletta Gateway Terminals | Malta | Ro-ro, vehicles, containers, general cargo | 200,000 TEU | 7.3-13.9 m | Joint concession with Tumas Group |
| Vietnam International Container Terminal | Vietnam | Containers | 600,000 TEU | 10-11 m | Indirect interest through 49% of Mitorient Holding |
Sum of container-capacity figures published on Portek's seven terminal pages. This is not the same measure as annual container units handled.
A.P. Moller Capital's portfolio-wide annual figure for Portek's multi-activity terminals.
Approximate annual portfolio throughput disclosed by A.P. Moller Capital.
A.P. Moller Port Footprint Explorer
Switch between the investment-manager portfolio and the wider A.P. Moller ecosystem. This is an ownership-structure lens, not a terminal calculator.
Three controlled or pending port platforms
BERGÉ, Euroports and Portek give A.P. Moller Capital exposure to multipurpose, bulk, breakbulk, ro-ro, vehicle and container operations across Europe, Africa, Asia and Latin America ambitions.
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