Carrix expands North American terminal presence

Carrix, a leading marine terminal operator based in Seattle, Washington, has announced plans to expand its North American terminal presence through the purchase of Ceres Terminals.

The agreement was reached with Macquarie Infrastructure Partners III, the current owner of Ceres Terminals, a fund managed by Macquarie Asset Management.

Ceres currently operates from 18 locations across North America including California, Houston, Montreal, Vancouver, BC and the US Atlantic and Gulf Coast regions. Its container terminals can handle around 10 million TEU per year. Over the past eight years, Ceres has expanded its stevedoring activities with a number of terminal concessions offering on-dock logistics services for containers, roll-on-roll-off cargo, breakbulk and cruise passengers.

Carrix is ​​the parent company of SSA Marine, which operates in over 250 port and rail locations worldwide. This includes 18 container terminals in Long Beach, Oakland, Seattle, Tacoma, Jacksonville, Panama, Mexico, Chile, Colombia and Vietnam. SSA Marine operates cruise, auto and other conventional terminals throughout the United States and Canada.

“We are pleased to continue to expand SSA Marine’s presence in the rapidly expanding Atlantic and Gulf Coast regions of the United States,” said Uffe Ostergaard, President and CEO of Carrix.

“Ceres Terminals has established a leadership position in serving the world’s largest cruise customers in the United States and Canada and we look forward to growing this segment with our combined cruise operations expertise,” he added.

The financial details of the transaction were not disclosed. The purchase remains subject to closing of a definitive deal and regulatory approval.

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