World class port operator, APM Terminals (del af Mærsk-koncernen) which currently operates in over 60 countries has shown interest in investing at Dar es Salaam port, writes the Tanzanian newspaper “Daily News” Sunday.
The APM Terminals Vice- President responsible for Business Development, Mr Hans-Ole Madsen, revealed this in a statement saying, that “APM Terminals is capable of meeting investment demands for the required expansion of the port of Dar es Salaam.”
The multinational port operator which handles a third of global commer-ce annually will become the second world class container operator after Hong Kong based Hutchison Port Holdings through its local subsidiary Tanzania International Container Terminal Services (TICTS).
Mr. Madsen noted that the company’s size of investment will depend on agreements reached with Tanzania Ports Authority (TPA) and the government. APM Terminals sent a delegation to Tanzania last month to hold preliminary discussions with TPA and government officials.
APM Terminal, HPH and PSA International are three largest port operators in the world handling over 90 per cent of global trade, according to an Annual Review of Global Container Terminal Operators in 2010.
It ranked HPH as the largest port operator in the world with APM Terminals taking the second slot and PSA International ranked third.
With a rapidly growing regional and domestic economy which is projec-ted to reach 7,2 per cent this fiscal year, Dar es Salaam port is already struggling to cope with increased cargo and TPA has come up with a port master plan which includes expansion and modernization of facilities.
APM Terminal global network has its presence in Abidjan in Ivory Coast, Cotonou in Benin, Tema in Ghana, Apapa and Port Harcourt in Nigeria, Doula in Cameroun and Pointe Noire in Congo Brazaville which is under construction, as well as Luanda in Angola and recently in Monrovia in Liberia.
