Denmark’s Maersk invests US$95 million in terminal in Angola

14 September 2009

Luanda, Angola, 14 Sept – Sea transport company Maersk Angola is investing US$95 million in Angola in the construction of a second line terminal in Luanda in order to boost its port infrastructure area, Angolan newspaper O País reported.

The sales director for Maersk Angola, Bruno Silva said that investment in the second line terminal would be carried out in stages and was a response to concerns of the Angolan authorities about the modernisation of Angola’s terminals, in order to continuously improve port activities.

Silva said that a working second line terminal would make it possible for operations to run more smoothly and to reduce costs.

“Maersk Line belongs to Danish group AP Moller which operates in the areas of oil, terminals, shipping agencies and ships to supply oil rigs,” he said. (macauhub)