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| MD APM Terminals, Apapa, Mr Martin Jacob |
APM Terminals Apapa Limited, the largest container facility in Lagos,
and the busiest in West Africa, has announced the appointment of Martin Jacob
as Managing Director.
and the busiest in West Africa, has announced the appointment of Martin Jacob
as Managing Director.
Jacob
who will resume work June 1, brings with him extensive experience in the
industry from a wide variety of roles held during his 16 years with the AP
Moller-Maersk Group, including the past five as the Managing Director of the
West Africa Container Terminal (WACT), in Onne, Nigeria.
who will resume work June 1, brings with him extensive experience in the
industry from a wide variety of roles held during his 16 years with the AP
Moller-Maersk Group, including the past five as the Managing Director of the
West Africa Container Terminal (WACT), in Onne, Nigeria.
WACT,
which handled 233,000 TEUs in 2015, was named Nigeria’s Best Container Handling
and Port Development Company of 2015 at the African Governance and Corporate
Leadership awards earlier this year.
The award
was presented by the Nigerian Institute for Government, Research, Leadership
and Technology in recognition of the terminal’s achievements in productivity,
investment, innovation and customer service.
“I am
looking forward to my new responsibilities at APM Terminals Apapa, and to
working closely with our customers, local and national authorities to continue
to achieve success and to help facilitate the growth and progress of the
Nigerian economy”, stated Mr. Jacob.
APM
Terminals Apapa is the largest container facility by capacity of the three
serving Lagos, Nigeria’s largest city and business center. It is also the
largest container terminal operation in West Africa, having doubled container
traffic after concession began in 2006, with dramatically improved productivity.
A $350
million USD investment and expansion program was announced for APM Terminals
Apapa since 2006. Container throughput in 2015 was 608,000 TEUs.
Nigeria
is the most populous nation in Africa, and the 7th-largest in the world, with a
population of 177 million, and is Africa’s largest economy.
APM Terminals
currently operates the Apapa and WACT facilities in Nigeria, with plans to
develop a third at Badagry.
The IMF
projects a Nigerian GDP growth rate of 2.3% in 2016 and 3.5% in 2017.
currently operates the Apapa and WACT facilities in Nigeria, with plans to
develop a third at Badagry.
The IMF
projects a Nigerian GDP growth rate of 2.3% in 2016 and 3.5% in 2017.
