> Maersk says signs 25-yr Liberian port deal
Port operator APM Terminals, a unit of Danish shipping and oil group A.P.
Moller-Maersk, said on Wednesday it had signed a 25-year concession agreement to run the Port of Monrovia in Liberia.
APM Terminals was named the preferred bidder for the port management and modernisation project last March, it said.
“The now formalised agreement for the port’s privatisation will
result in the investment of $120 million in the facility over the
course of the contract term,” APM Terminals said in a statement.
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