APM Terminals Mexico has announced a modernization plan for its Puerto Progreso container terminal, involving phased long-term investments of about US$163 million over the next 19 years.
The plan includes infrastructure upgrades, renewal of equipment, and the implementation of advanced technology aimed at improving operational efficiency, safety standards, logistical visibility, and service reliability. According to the company, the strategy is designed to advance Puerto Progreso into a new logistical development phase, enhancing maritime and logistical connectivity in Yucatán and southeastern Mexico.
The initiative is also expected to support employment and regional economic activity. Keith Svendsen, CEO of APM Terminals, stated, "This investment introduces new equipment, smarter terminal design, and advances our decarbonization strategy. It also intensifies our focus on improving safety, service quality, delivery, and cost efficiency, all supported by Lean principles that help us continuously enhance operations."
Beatriz Yera, Managing Director of APM Terminals Mexico, said the aim is to position Puerto Progreso as a benchmark in port innovation and technology. "A more efficient and sustainable port, benefiting Mexico and all Mexicans," she said.
A Memorandum of Understanding was signed with the Yucatán state government to contribute to the region's logistical development. The agreement allows APM Terminals to share experience and best practices as a global container terminal operator and support industrial growth in Yucatán and southeastern Mexico.
The company has reaffirmed its commitment to the region through this 19-year plan, which it says will strengthen its presence in southeastern Mexico and contribute to Yucatán's logistical and economic development.
Source: Container News