Nigeria – APMT’s Biggest Ever Port Investment

APM Terminals 2The Maersk-owned company APM Terminals has revealed it is investing about 14 billion kroner (US$2 billion dollars) into a new port in Bagadry, Nigeria, in what will be its biggest ever investment. The port will become the second-largest port in Africa – only surpassed by Port Said in Egypt – and is a clear signal that the Danish shipping giant’s terminal operator sees the African continent as a long-term hotbed for economic growth.

“We are currently purchasing property from the state and will start construction later this year. The port is scheduled to be completed in 2019,” David Skov, the managing director for APM Terminals in Nigeria, told Børsen business newspaper.

“Globally, it will be APM Terminal’s largest ever investment and marks a strategic shift to multi ports. It means we will supplement our own experience in container ports with the establishment of a free zone, an oil port and a bulk port, so in other words a complete port.”

APMT recently acted on its decision to invest $1.5 billion on the Port of Tema in Ghana, Africa, with the establishment of a Greenfield port outside of the existing facility and upgrades to the adjacent road network.

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Kenya – Drugs Found on Auto Carrier in Port of Mombasa

hoeghKenyan and U.S. authorities found drugs aboard the Höegh Autoliners “Pure Car/Truck Carrier” (PCTC), which was detained at Port Mombasa on September 17. The crew of the ship has been arrested and currently being questioned by authorities.

According to authorities, cocaine was found inside the tires of three military trucks aboard the Hoegh Transporter, a Singapore-flagged car carrier.

Kenyan officials raided the vessel after receiving a tip from the U.S. Federal Bureau of Investigation (FBI) that the vessel had been loaded with the coke at India’s Port of Mumbai.

Kenyan soldiers and security personnel shut down the port for hours before seizing the ship and halting operations. Mombasa, which is Africa’s largest port, serves as the main gateway for imports and exports in the region.

East Africa is a major shipping route for Afghan narcotics bound for Europe. Maritime forces have been unable to curb the flow of drug transport in the region.

The Höegh Transporter was built in 1999 and was transporting nearly 4,000 vehicles, including about 250, which are to be used for peacekeeping missions in South Sudan. Source: Maritime Executive