The inauguration of the new Atlantic Mediterranean Express (AMX) service by the Mitsui OSK Lines marks the beginning of new direct links between Valencia and North American ports such as New York, Savannah and Norfolk, Virginia.
The weekly connection will see an increase in the number of large container ships frequenting Valencia’s busy container port, already the biggest in the Mediterranean. It is an important shot in the arm for the local economy, which will benefit from the increase in haulage and activity surrounding the new AMX service.
The latter will see freight consolidations from, not only MOL (Mitsui OSK Lines), but also Hapag-Lloyd, CMA CGM and Maersk, an indication of the volume of cargo involved and the importance for the city’s port.
With over 7,000 vessels arriving annually and contributing to a total cargo load of over 57 million tonnes, Valencia’s 600-hectare port is a strategic contributor to the local economy, employing around 15,000 people and turning over billions. Such figures make it not only the largest port in Spain, but also in the entire Mediterranean, a status further confirmed by the decision of MOL to choose Valencia as its centre of operations in the region.