A.P. Moller Capital to buy Singapore's Portek, adding African terminals

· Finance · Singapore · Algeria

Private equity firm A.P. Moller Capital has agreed to acquire Singapore-based port operator Portek International, giving it control of two terminals in Gabon and one in Algeria. The assets include Algeria's Bejaia Mediterranean Terminal and Gabon's Owendo and Port-Gentil facilities, which handle containers, bulk cargo, vehicles and industrial goods. The deal expands the investor's footprint in African and Mediterranean port infrastructure, a sector attracting growing private capital as trade routes shift. It also concentrates control of strategic gateways used for both imports and exports in markets where logistics capacity is often a bottleneck, making the transaction one to watch for shippers and infrastructure investors.

Why it matters：Private capital is taking a bigger role in strategic port gateways in Africa and the Mediterranean, which could reshape competition among terminal operators and freight routes linking Europe, Africa and Asia.

Key points

  • The deal gives A.P. Moller Capital two terminals in Gabon and one in Algeria.
  • Assets include Algeria's Bejaia Mediterranean Terminal and Gabon's Owendo and Port-Gentil facilities.
  • The terminals handle containers, bulk cargo, vehicles and industrial goods.

Sources (original reporting)

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