Nigerian Port Container Throughput Up in Q1 2012

Press Release
Friday, May 25, 2012

Nigerian port growth boosted by investment, results in surge last year of number of container vessels & container traffic in first quarter 2012

Nigerian port container throughput has increased in the first quarter by 5.7 per cent to 210,057 TEU laden due to investments by the Nigerian Ports Authority (NPA) and terminal operators, said the NPA general manager Michael Ajayi.

Vessel traffic surged by 42 per cent to 63,992 units compared to previous year's 45,077 while empty container throughput rose by 18.9 per cent to 161,107 TEU year on year.

The concession programme starting in 2006 led to a massive marine improvement in port infrastructure which involved the laying of channel marker buoys, maintenance dredging and the removal of 24 wrecks along the Lagos Channels.

Investment from terminal operators include the Port and Terminal Multiservice Limited (PTML) of US$100 million in infrastructure development and APM Terminals invested about $200 million in upgrading and modernising the Apapa Container Terminal in the last six years.


 


 

 

Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

MARAD to Host Meeting on Proposed Delfin LNG License

MARAD Announces Public Scoping Meetings for Proposed Delfin Liquefied Natural Gas Deepwater Port Export Facility.   On July 29, the Maritime Administration

Maritime Experts to Debate Coastal Shipping, IWT Prospects

The opportunities and challenges faced by India’s coastal shipping industry as the country strives for a more optimal modal mix among various modes of transport

Matson Settles with Hawaii Settle on Molasses Incident

Pacific cargo shipper Matson, Inc. informs that a settlement has been reached with the State of Hawaii to resolve all civil, criminal and administrative claims

Container Ships

Shanghai 6th Best Shipping Center Globally

Shanghai has moved up the rankings of the world’s top shipping centers to sixth place, surpassing Dubai thanks to Free Trade Zone regulations and the Belt and Road Initiative,

Hapag-Lloyd Names Haeser Next CCO

Container shipping line Hapag-Lloyd AG’s supervisory board has appointed Thorsten Haeser as a new executive board member in charge of Hapag-Lloyd’s global sales

Diana to Acquire Two Post-Panamax Containerships

Diana Containerships Inc. announced that yesterday it signed, through two separate wholly-owned subsidiaries, two Memoranda of Agreement to purchase from an unaffiliated

Logistics

Shell Moves Ahead in Arctic with Exploratory Well

Shell Oil's controversial icebreaker MSV Fennica weaved through nine remaining protesters hanging from the St. Johns Bridge and made its way toward the Pacific Ocean.

SSE Rolls Out Two Shipping Indices

Shanghai Shipping Exchange launched on Wednesday the "Belt and Road" shipping indices, tracking trade data and shipping freight rates under the initiatives of

Shanghai 6th Best Shipping Center Globally

Shanghai has moved up the rankings of the world’s top shipping centers to sixth place, surpassing Dubai thanks to Free Trade Zone regulations and the Belt and Road Initiative,

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pipelines Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1282 sec (8 req/sec)