A.P. Moller Capital, a subsidiary of the A.P. Moller Group, has completed the acquisition of Portek International. The Singapore-registered company operates as a subsidiary under the new ownership. Portek International currently manages terminal operations at the port of Bejaia in Algeria. This move integrates the Algerian port facility into the broader A.P. Moller Group portfolio. The acquisition provides A.P. Moller Capital with direct oversight of the logistical activities at the Bejaia site.
Portek International Operational Scope
Portek International maintains a significant footprint in global shipping infrastructure through its management of diverse port facilities. The company currently oversees an annual volume of approximately 700,000 containers across its international terminal network. In addition to container traffic, the firm manages 7 million tons of cargo each year. Vehicle logistics also form a core component of the company's service offerings, with the organization processing 90,000 cars annually across its worldwide locations. These operational metrics reflect the scale of the company's logistical reach under the A.P. Moller Group. The integration of these assets into the group's broader portfolio solidifies the operational capacity currently managed by the Singapore-registered subsidiary. Portek International continues to focus on these cargo and vehicle handling volumes as it maintains its existing port terminal commitments.
CMA CGM Algerian Expansion Stalls
CMA CGM CEO Rodolphe Saadé previously visited Algeria in August 2022 during the official state visit of French President Emmanuel Macron. A subsequent planned visit by Rodolphe Saadé to Algeria on 15 April 2025 was cancelled amid diplomatic tensions between Algeria and France.
Rodolphe Saadé later met with Algerian President Abdelmadjid Tebboune on 2 June 2025 to discuss port infrastructure projects in Oran. Following these discussions, Algerian Minister of Transport Said Sayoud met with CMA CGM deputy Christine Cabau on 19 June 2025 to address the status of these projects.
Impact of Bilateral Diplomatic Tensions
Current diplomatic frictions between Algeria and France have created significant economic consequences for businesses operating across the Mediterranean. Approximately 300 French companies that previously exported goods to Algeria have entered bankruptcy as a direct result of the ongoing crisis in bilateral relations.
Beyond those insolvencies, a broader segment of the commercial sector reports significant operational obstacles. About 6,000 French companies are currently facing export difficulties when attempting to move goods into the Algerian market. These challenges persist as trade ties between the two nations remain affected by the broader climate of diplomatic instability.