APM Terminals Mexico announced a comprehensive modernization plan involving phased long-term investments of approximately US$163 million over the next 19 years.
The plan encompasses infrastructure upgrades, equipment renewal, and advanced technology implementation at its Puerto Progreso container terminal, targeting more efficient operations, enhanced safety standards, complete logistical visibility, and reliable service.
Through this long-term strategy, APM Terminals Mexico seeks to advance Puerto Progreso into a new logistical development phase, focused on elevating operational standards and strengthening maritime and logistical connectivity in Yucatán and southeastern Mexico.
Simultaneously, the initiative anticipates generating employment and development, stimulating the state’s economy and supporting the local community under a shared prosperity vision.
Keith Svendsen, CEO of APM Terminals, stated that 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, added that the objective is establishing Puerto Progreso as a benchmark in port innovation and technology: a more efficient and sustainable port, benefiting Mexico and all Mexicans.
At APM Terminals Yucatán, operations follow a long-term vision.
To this end, a Memorandum of Understanding was executed with the state government to contribute to Yucatán’s logistical development and enable APM Terminals to share its experience and best practices as a global operator of advanced container terminals, promoting regional industrial growth in Yucatán and southeastern Mexico.
The company reaffirms its commitment to Yucatán and the region’s logistical and economic development with a comprehensive 19-year plan at the Puerto Progreso container terminal, strengthening its presence in southeastern Mexico.
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