The investment, which will be rolled out over the next three years, includes the purchase of eight new mobile harbor cranes and 13 rubber tire gantry cranes (RTGs), which will increase annual throughput capacity to one million TEUs.
The terminal is the largest mobile crane-operated facility in West Africa with nine, and one of the only facilities in the region able to accommodate the new 4,500 TEU capacity West Africa-Max (Wafmax) vessels now entering into West African service.
With the investment of USD 200M in new equipment and upgrades at Apapa since 2006, APM Terminals Apapa has eliminated vessel waiting times of up to 40 days common in 2006 – as yard expansions and other improvements have been implemented, raising productivity from six moves per hour to the current average of 24 moves per hour. APM Terminals added that the Apapa operational standards have reached parity with European facility operations.
"Our investment in Nigeria is by no means limited to land and equipment, but encompasses our most valuable asset, the Nigerian people themselves," said Dallas Hampton, the managing director of APM Terminals.
