APM Terminals (APMT) Liberia is set to see a further efficiency boost following the commissioning of two Liebherr 600 mobile harbour cranes.
The recently finished dredging of the Monrovia Freeport, which raised the draught to 12.5 metres, paved the door for larger and more cost-effective gearless boats.
APMT believes that the $15 million investment would considerably improve port efficiency and minimise vessel waiting time for shipping lines, resulting in lower market pricing for products imported into Liberia, a direct boost to the economy.
APMT Liberia remains committed to transforming the Monrovia Freeport into an economically viable gateway to the Mano River Union basin through its strong partnership with the National Port Authority (NPA), Liberian Maritime Authority (LiMA), and the Government of Liberia (GOL), as well as regulatory stakeholders.
The Minister of Finance and Development Planning, Samuel D. Tweah Jr., commended APM Terminals Liberia for “going above and beyond expectations”, and describing the partnership as “crucial”.
Diana Nebo, Managing Director, National Port Authority (NPA), highlighted: “We are invested in deepening our long-term and collaborative partnership with APM Terminals Liberia.
“This new equipment will significantly enhance productivity and certainly help in our ambitious drive to reaffirm the Free Port of Monrovia’s position as the gateway to the economy of Liberia and the Mano River Union.”
Etienne Saint-Jean, APMT Liberia’s Head of Operations, said: “The progress we have made to date lays the foundation for continued training and development of our teammates to deliver world class service and efficiency to our clients, customers and the people of Liberia.”