Nigeria Shipping Report Q2 2015

Date: February 18, 2015
Pages: 90
US$ 1,295.00
Report type: Strategic Report
Delivery: Download
ID: N6914C78D40EN

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Includes 3 FREE quarterly updates

BMI 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.
BMI Industry View
Operational Risk
Industry Forecast
Port Of Lagos Throughput
  Table: Major Ports Data (Nigeria 2012-2019)
  Table: Trade Overview (Nigeria 2012-2019)
  Table: Key Trade Indicators (Nigeria 2012-2019)
  Table: Top Import Destinations, 2006-2013
  Table: Top Export Destinations, 2006-2013
Market Overview
Nigeria Container Shipping Market Overview
Shipping - Global Industry View
Container Lines To Prosper In 2015
Global Company Strategy
Maersk Line
Mediterranean Shipping Company (MSC)
Evergreen Line
COSCO Container Lines Company (COSCON)
Macroeconomic Forecasts
  Table: Economic Activity (Nigeria 2009-2018)
Demographic Forecast
Demographic Outlook
  Table: Population Headline Indicators (Nigeria 1990-2025)
  Table: Key Population Ratios (Nigeria 1990-2025)
  Table: Urban/Rural Population & Life Expectancy (Nigeria 1990-2025)
  Table: Population By Age Group (Nigeria 1990-2025)
  Table: Population By Age Group % (Nigeria 1990-2025)
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