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Analysis – Anaklia Deep Sea Port Threatened By APM Terminals Poti Port Expansion

Analysis – Anaklia deep sea port threatened by APM Terminals Poti port expansion

Source: Anaklia Development Corporation

Anaklia, Georgia (PortSEurope) February 4, 2020 – In a press release today, APM Terminals Poti said that has presented its two-stage plan for the creation of a deep-water port to the Georgia government. The first phase of two will require an investment of over $250 million of private capital and when the whole project is completed (two years), annual capacity will double to over 1 million TEU. This new development will cast further doubt on…

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