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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 5SWOT 8Shipping 8Political 11Economic 12Operational Risk 13Industry Forecast 16Port Of Lagos Throughput 16Table: Major Ports Data (Nigeria 2012-2019) 20Table: Trade Overview (Nigeria 2012-2019) 21Table: Key Trade Indicators (Nigeria 2012-2019) 21Table: Top Import Destinations, 2006-2013 23Table: Top Export Destinations, 2006-2013 24Market Overview 25Nigeria Container Shipping Market Overview 25Shipping - Global Industry View 33Container Lines To Prosper In 2015 33Global Company Strategy 38Maersk Line 38Mediterranean Shipping Company (MSC) 49CMA CGM 55Evergreen Line 66COSCO Container Lines Company (COSCON) 73Macroeconomic Forecasts 81Table: Economic Activity (Nigeria 2009-2018) 86Demographic Forecast 87Demographic Outlook 87Table: Population Headline Indicators (Nigeria 1990-2025) 88Table: Key Population Ratios (Nigeria 1990-2025) 88Table: Urban/Rural Population & Life Expectancy (Nigeria 1990-2025) 89Table: Population By Age Group (Nigeria 1990-2025) 89Table: Population By Age Group % (Nigeria 1990-2025) 90