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APM Terminals Apapa Commissions Additional Cranes, Begins $80m Upgrade

Posted by on April 23rd, 2020 Under Break news

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The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman, on Thursday commissioned two new multimillion dollars state-of-the-art Mobile Harbour Cranes (MHCs) acquired by leading global terminal operator, APM Terminals, to boost service delivery at the Apapa Port, Lagos.

The new cranes were acquired as part of APM Terminals’ additional investment of USD80 million (N33.6billion) for the year 2020-2021, bringing the total investment by the company in Apapa since 2006 to USD438million (about N184billion), which is the highest by any private terminal operator in Nigeria.

According to a statement, APM Terminals, which is located in the nation’s premiere seaport at the heart of Nigeria’s commercial hub, Lagos, is the biggest container terminal in West Africa and the best-equipped port terminal in Nigeria.

While commending the management of APM Terminals for acquiring the new cranes, Bala Usman said the ports were concessioned by the Federal Government to improve port efficiency and free government resources for other developmental purposes.

 

The post APM Terminals Apapa Commissions Additional Cranes, Begins $80m Upgrade appeared first on Nigerian NewsDirect.


Source: 1805Break news


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