APM Terminals investment in Apapa hits USD438 million

Nigeria’s largest container terminal, APM Terminals Apapa has invested USD438 million (about N180 billion) in the upgrade of its facility, acquisition of modern cargo handling equipment and support of seamless service since it won concession of the terminal in 2006. The investment is the highest of any port terminal operator in Nigeria.
The Terminal Manager of APM Terminals Apapa, Steen Knudsen, said the terminal is on an exciting journey of major transformation to deliver greater, sustainable benefits to the Nigerian economy and society.
“Since inception, we have invested around USD438 million purely in the handling equipment we have in the terminal. We have acquired mobile harbour cranes, rubber tyred gantry cranes, reach stackers, forklifts, terminal trucks, empty handlers and invested in yard improvements,” said Knudsen.
Workforce Development
“Of equal importance is the ongoing investment in the development of our workforce, ensuring that we continuously develop our staff. This covers trainings, career progression and, of course, expanding the business and creating new jobs.
“At the moment we are also focusing on investing in our facilities: renovating our buildings, upgrading in-gate and out-gate facilities and terminal fencing and lighting. We have also equipped the parking area access with a facial recognition system and expanded our terminal fleet with new shuttle buses and pickup trucks.”
Other investments at the terminal are aimed at simplifying and enhancing trade. For a long time shipping has been a very manual and paper-heavy process. The terminal is adopting global best practices for digitalized products, such as advanced online container tracking and monitoring, container email notifications and online billing and payments, in order to ensure that importers and exporters enjoy a seamless service from the terminal.
APM Terminals Apapa also recently launched a massive digitization of its operations and services through the deployment of a 4G LTE wireless network, and a new Operation Command Centre to enhance quality service delivery. Wireless connectivity supports APM Terminals’ global initiatives such as the standardisation of Terminal Operating Systems, reporting and support; Asset Digitalization; and GPS based Position Detection Systems used for auto-locating containers in a yard.
Handling Increased Volumes
“We remain committed to deepening our investment in Apapa to enable us handle increasing volumes at the port. Our investments will create capacity to handle growth in the economy to support the Federal Government’s efforts on trade growth and improve service delivery across the logistics chain,” concluded Knudsen.
Related News.
September 25, 2026
ISLAND OIL: Unveiling of the Sculpture “Cyprus’s Journey Through the Ages” in Protaras – A Tribute and Landmark to Cyprus’s Historical Memory and Cultural Heritage
In a modest ceremony marked by a moving atmosphere, the sculpture “Cyprus’s Journey Through the Ages”, created by acclaimed Cypriot sculptor…
September 25, 2026
World Maritime Day 2026 from Policy to Practice – powering Maritime Excellence
Global regulations will deliver safer, more resilient shipping when they are implemented worldwide. The international maritime community marks…
September 25, 2026
Diana Shipping announces Time Charter Contract for m/v DSI Polaris with Dai An Ocean Shipping
Diana Shipping , a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a…
September 25, 2026
Chief Economists Expect Global Economy to Stabilize, but Fiscal Constraints, Rising Living Costs and AI Investment Uncertainty Threaten Growth
The global economy is stabilizing, but the fiscal support that cushioned successive shocks since 2020 is unlikely to play the same role in the year…
September 25, 2026
V. welcomes its new graduate cohort as programme expands across the group
Twelve graduates from nine nationalities join 11th year of V.’s expanded international management programme. V., the global ship manager and marine…
September 25, 2026
From Policy to Practice: Why Seafarers Are the Key to Maritime Excellence
The shipping industry is no stranger to regulation. Seafarers and ship operators work within a vast framework of international conventions, national…
September 25, 2026
Intermodal Report – Week 38 2026
Please find below the Intermodal market report for week 38 2026. Intermodal Report Week 38 2026 Market Insight By Nikos Tagoulis, Head of…
September 25, 2026
Allied – Weekly Market Review – Week 38
Please find below the Allied Weekly Report for Week 38 | 2026 ALLIED - Weekly Market Report- Week 38
September 25, 2026
Record year on the Northeast Passage but Arctic shipping remains very limited
In 2025, a record 103 transit voyages were made via the Northeast Passage. However, this is still equivalent to only around a day and a half of…
September 25, 2026
[xclusiv] S&P Report 21th September 2026
Please find below the [xclusiv] latest Weekly S&P Report [xclusiv] 2026_09_21 Market Commentary: VLCCs: Freight Boom Reprices the Fleet The VLCC…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved























