Terminals Apapa News

AP Moeller Maersk Group has continued to fix its eyes on its forecast of a $4 billion profit for 2015, despite the challenges it is facing in its operating environment, according to Thisday Live. The group said in a statement that from its records, its profit for the second quarter was $1 billion, down from $2.3 billion in the second quarter 2014. Apapa Quay, Africa’s largest container port operated by Maersk Group subsidiary APM Terminals Apapa Limited (APMT) said it would go ahead to attain its set goals of making profit despite oil price turbulence and falling container rates affecting its businesses across the globe. It also said…

APM Terminals placed an order for 16 new advanced Rubber-Tire Gantry cranes (RTGs) as part of an ongoing program of upgrading and expanding container handling capabilities and capacities throughout the APM Terminals Global Terminal Network. Twelve of the high-performance RTGs are scheduled for delivery to APM Terminals Algeciras, in Spain, while the remaining four are destined for APM Terminals Apapa, Nigeria, with delivery in one year. The new 16-wheeled RTGs, to be manufactured by Konecranes, will offer a lifting capacity of 41 tons, and the ability to maneuver containers into stacks five containers high. APM Terminals Algeciras, the largest container terminal in the Western Mediterranean market…

APM Terminals Apapa named “Best Terminal Operator of the Year” at Nigerian Maritime Excellence Awards in Apapa, Nigeria. APM Terminals Apapa, which assumed operational control of the facility in 2006, is now the busiest container terminal in West Africa, with an estimated throughput of 720,000 TEUs this year, up from 650,000 TEUs in 2011. “This recognition by Nigeria’s maritime journalists is a great honor for our operation and for the nearly 1,000 Nigerians working at APM Terminals Apapa who have worked so hard to achieve this great success” stated APM Terminals Apapa Managing Director Dallas Hampton. Established in 1988, the purpose…