Nigeria remains an important part of APM Terminals, says CEO, Engelstoft

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Nigeria remains an important part of APM Terminals’ operation and growth plan, Chief Execuitve Officer, Mr. Morten Engelstoft has said.   

According to Engelstoft, 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”.

Engelstoft recently met with the entire Apapa team to hear more on the Nigeria market, update them on APM Terminals plans and meet with customers to talk about future business.

“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 the best people and people who are motivated to engage and thereby delivering a better performance. As we are building a new strategy, we have the component on how we can make certain that in the future, we have the employees in the company that are necessary to deliver successfully,” Mr. Engelstoft said.

While commending the management and staff of APM Terminals Apapa for their dedication and 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 the right people to work and succeed. 

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Prior to meeting with the staff, Mr. Engelstoft met with customers and thanked them for their support and pledged to continuously improve APM Terminals service to them.

He said APM Terminals works with best-in-class Business Partners to help our customers succeed in the marketplace. 

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

“When you partner with APM Terminals, you are collaborating with a global port operator that has a proud history of innovation, excellence and global scale. As a port infrastructure leader, we are helping nations achieve their ambitions – creating new jobs and economic prosperity,” he added. 

Mr. Morten H. Engelstoft became CEO of APM Terminals on November 1, 2016. For the three years prior to his appointment, he had served as CEO of APM Shipping Services business unit within the Maersk Group. 

Since assumption of duties, Mr. Engelstoft has set out an ambitious strategy for APM Terminals aimed at cutting cost and ensuring that the port operating company is equipped for future market growth.  

 Photo Caption: L-R: The Chief Executive Officer of APM Terminals, Mr. Morten Engelstoft; Chief Portfolio Officer, APM Terminals, Mr. Peder Sondergaard and Chairman, APM Terminals Apapa, Chief Ernest Shonekan, when Engelstoft visited Nigeria on Wednesday.

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