APM Terminals invests US$176 million in Lagos CT

APM Terminals has invested US$176 million to upgrade the Apapa Container Terminal at Nigeria's Lagos Port Complex.

The bulk of investment at the APM-managed facility related to IT infrastructure development, manpower development, and the purchasing of new cargo handling equipment, the Lagos Daily Independent reports.

Chief among the purchases was the acquisition of a third Liebherr LHM 500 mobile harbour crane. Valued at $8 million, the new LHM 500 - scheduled to arrive by early-April - is expected to markedly enhance the terminal's operating capacity.

A number of rubber tyre gantry cranes was also introduced at the facility in March of this year, adding to the four STS cranes acquired during the first half of 2008.

(Source: www.Schednet.com)