Business a.m.

PTOL rejigs management team, appoints South African maritime expert as MD

- Ben Eguzozie, in Port Harcourt

PORTS AND TERMINAL OPER ATORS LIMITED (PTOL) Nigeria, an indigenous firm operating in the nation’s maritime industry, has taken steps to reposition the company for optimal performanc­e, with the coming on board of a new management team to be headed by Denrick Moos as managing director.

Moos, a South African maritime expert, is getting into the new office with about 21 years’ experience in the sector.

A former South African naval combat officer, Moos is said to be quite familiar with the Nigerian maritime terrain.

He has worked both at West Africa Container Terminal (WACT) in Onne, Rivers State, as chief operating officer, as well as at Ports and Cargo Handling Services where he was managing director.

Mood was also once a key player at the APM Terminals headquarte­rs in The Hague, Netherland­s, playing leading roles in project teams in Brazil, India, and Denmark.

A holder of a master’s dethe gree in maritime and transporta­tion logistics, Moos has also undertaken and completed numerous maritime related courses and trainings.

A statement from the company quoted Moos as having expressed appreciati­on to the board of PTOL for the appointmen­t; and that the potentials of PTOL was a reminder of “my days at WACT, where I helped transform it from a terminal that had to operate on bridge loans just to pay salaries, to where it was generating revenue to the extent that [it became a] multi-million dollars investment, and creating so many employment opportunit­ies for Nigerians.”

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