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Wednesday, 15 July 2015

APMT's $350m Apapa Terminal upgrade drives efficiency

Danish terminal operators APM Terminals’ investment of over $350 million in its Apapa Container Terminal in Lagos, Nigeria has created “one of the most modern and efficient terminals in Africa” according to comments from APM Terminals country manager David Skov.

The investment over the last nine years has driven extensive expansion at the port which is now ranked as one of West Africa’s busiest container terminals. Dredging work at the port has increased berth depth from 10.5 to 13.5 meters and a raft of new container handling equipment has been installed.

“APM Terminals’ investment strategy emphasises economically emerging and developing markets, where the need for investment in port and inland transportation infrastructure is particularly acute. Our commitment to lifting global trade is reflected in APM Terminals’ continuous investment in the infrastructure which will be required to meet the demands of the projected population and economic growth over the next four decades in key emerging market,” Skov told delegates at the recent Nigeria Maritime Expo (NIMAREX) 2015.

Prior to APM Terminals’ ownership and investment in the site the maximum size of vessel capable of docking at the port was 1,700 TEU which severely limited services. Following the upgrade vessels of up to 4,500 TEU are now regularly docking and improved rail links with with the National Rail Network allow greater onward movement of goods.

With this investment in infrastructure and human capital, we are pleased to say that APM Terminals Apapa is one of the most modern and efficient terminals in Africa.

“The infrastructure investments made at APM Terminals Apapa in preparedness to receive larger vessels, have made it a more competitive port to call, which in turn increases employment opportunities and economic growth at the port,” Skov explained.

Nigeria has been a focus for port investment in recent years as the country’s central West African location and rich natural resources have attracted both import and export businesses.

Earlier this month the Calabar port project raised €500m to create a deepwater hub in Nigeria with a minimum draught of 10 metres designed to attract larger modern vessels and drive economic growth in the South Eastern state of Cross River.

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