APM Terminals chosen to run Port of Monrovia

The Government of Liberia has named APM Terminals as the preferred bidder to operate the 25-year concession at the Port of Monrovia as part of a public tender process.

APM Terminals responded to a public tender issued by the Government of Liberia in December 2009. Bidders were asked to rehabilitate the existing Marginal Wharf, develop container and general cargo operations in the terminal and take on responsibility for marine services throughout the port.

The Liberian government is involving private participation to bolster the national economy and create jobs in the capital city of Monrovia. The port is in urgent need of rehabilitation and upgrading to modern levels.

Construction on the quay wall will begin immediately. A new berth, more efficient yard handling procedures and the installation of new equipment will transform the port into a more competitive, world-class port capable of handling modern, deep-draft vessels.

(Source: Cargo News Asia)