Maersk's APM Terminals to Double Capacity in Rotterdam Port

APM Terminals, a subsidiary of Danish shipping company Maersk, plans to double its capacity at Rotterdam Port, a spokesperson for the company said on Tuesday. 

APM, one of the largest operators at the port, currently operates a one-kilometer-long quay in Rotterdam capable of loading and discharging the largest class of deep-sea container ships. 

The spokesperson said they could not provide financial details ahead of a formal announcement planned for Friday. 

(Reuters - Reporting by Toby Sterling; editing by Jason Neely)