Nigeria Shipping Report

 Published On: Feb, 2015 |    No of Pages: 90 |  Published By: BMI Shipping | Format: PDF
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View: Nigeria's biggest ports are set for modest growth in 2015, with the Port of Lagos forecast to grow 2.0% year-on-year (y-o-y), which is slightly below growth rates at the ports of Harcourt and Tincan Island (2.5% and 2.4%, respectively). Meanwhile, the Port of Sapele is leading the way in terms of y-o-y growth, with 3.0% growth expected.

Nigerian seaports registered a 12.5% year-on-year (y-o-y) rise in cargo throughput to 22.3mn metric tonnes in Q314, compared to 19.8mn metric tonnes in Q313, according to the Nigerian Ports Authority (NPA). This bodes well for the Nigerian shipping industry going forward. In the reported period, the seaports posted a 41.7% y-o-y rise in general cargo throughput to 4.21mn metric tonnes, while a 0.6% y-o-y and a 5.8% y-o-y increase was recorded in dry bulk cargo and liquefied natural gas (LNG) volumes to reach 2.6mn metric tonnes and 5.1mn metric tonnes respectively. The total gross registered tonnage reached 38mn metric tonnes in the same period, up 9.8% y-o-y, compared with 34.6mn metric tonnes during the same period a year before.

Industry View 5
Shipping 8
Political 11
Economic 12
Operational Risk 13
Industry Forecast 16
Port Of Lagos Throughput 16
Table: Major Ports Data (Nigeria 2012-2019) 20
Table: Trade Overview (Nigeria 2012-2019) 21
Table: Key Trade Indicators (Nigeria 2012-2019) 21
Table: Top Import Destinations, 2006-2013 23
Table: Top Export Destinations, 2006-2013 24
Market Overview 25
Nigeria Container Shipping Market Overview 25
Shipping - Global Industry View 33
Container Lines To Prosper In 2015 33
Global Company Strategy 38
Maersk Line 38
Mediterranean Shipping Company (MSC) 49
Evergreen Line 66
COSCO Container Lines Company (COSCON) 73
Macroeconomic Forecasts 81
Table: Economic Activity (Nigeria 2009-2018) 86
Demographic Forecast 87
Demographic Outlook 87
Table: Population Headline Indicators (Nigeria 1990-2025) 88
Table: Key Population Ratios (Nigeria 1990-2025) 88
Table: Urban/Rural Population & Life Expectancy (Nigeria 1990-2025) 89
Table: Population By Age Group (Nigeria 1990-2025) 89
Table: Population By Age Group % (Nigeria 1990-2025) 90

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