Moller-Maersk Invests to Upgrade Nigerian Container Yard

Business Day
Monday, April 23, 2012

Lilypond Container Terminal. Lagos, Nigeria to be upgraded with US$ 15 million Moller-Maersk investment

Moller-Maersk (APMM) Group, a container concessionaire, on Monday announced an investment of $15 million (N2.3 billion) towards upgrading its facilities at the Lilypond Terminal, an Inland Container Depot (ICD) at Ijora, Lagos.

Mrs Bola Bamidele, the Cluster Director, APM Terminal Inland Container Services, Central Africa, made the announcement in a statement, made available to newsmen in Lagos.

Bamidele explained that operations at the terminal, being operated by the Dutch firm with headquarters in Netherland, peaked in 2011 with a cargo throughput of 47,000 containers. Throughput is a term denoting volumes of containers in maritime cargo handling.

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