Nigeria remains critical to APM Terminals’ growth plan, says Engelstoft

Morten Engelstoft, the chief executive officer of APM Terminals has described Nigerian market as an important part of APM Terminals’ future operation and growth plan.

Engelstoft, who was in Nigeria last week met with the customers to discuss the future of the company’s business and update them on APM Terminals’ plans for the Nigerian market. He also met with the entire Apapa team to hear more on the happenings in Nigerian market.

It is projected that Nigeria has a significant growth potential with the expanding middle class and overall population that will reach 400 million by 2050 – that’s larger than the United States.

While appreciating the customers for their support, he pledged to continuously ensure that APM Terminals improve on their services to Nigerian shippers. He said APM Terminals works with best-in-class business partners to help its customers succeed in the marketplace.

“Our joint ventures with local businesses, governments and customers are the foundation for our growth strategy. Together we will make a world of difference.

“Partnering APM Terminals enables you to collaborate with a global port operator that has a history of innovation, excellence and global scale. And we are helping nations achieve their ambitions – creating new jobs and economic prosperity,” he added.

While complementing the management and staff of APM Terminals Apapa for their commitment to serving Africa’s largest economy and West Africa’s largest container terminal, he said the company would continue to provide the right environment for import and export business to succeed.

“My priority is to create a company that is an attractive place to work. We need to be able to attract the best people, hold on to them and to deliver a better performance. I’m certain that we have the employees that are necessary to deliver successfully,” Engelstoft said. Morten Engelstoft became CEO of APM Terminals on November 1, 2016. Prior to his appointment, he served as CEO of APM Shipping Services business unit within the Maersk Group. On assumption, he set out an ambitious strategy that aimed at cutting cost and ensuring that the port operator is equipped for future market growth.

Uzoamaka Anagor-Ewuzie