Nigerdock

Last updated
Nigerdock
Nigerdock Aerial View 1 Nigerdock.jpg
Nigerdock Aerial View 1
NIgerdock Aerial View

Nigerdock is a Nigerian maritime and logistics company that operates an integrated port and free zone in Lagos, providing terminal operations, marine services, logistics, and free zone solutions. [1]

History

Established by the Federal Government of Nigeria in 1986, [2] Nigerdock was privatized in 2001 under the administration of President Olusegun Obasanjo [3] and subsequently acquired by Jagal Group in 2003. [4] Nigerdock is a Shipyard and Engineering, Procurement, and Construction (EPC) contractor serving the energy, shipping, and logistics sectors. [5]

In 2005, Nigerdock gained Free Zone and Port status, leading to the establishment of the Snake Island Integrated Free Zone. [6] The company began direct shipping in 2017 after approvals from the Nigerian Ports Authority and Customs [6] .

Related Research Articles

<span class="mw-page-title-main">Transport in India</span> Methods and history of transportation in India

Transport in India consists of transport by land, water and air. Road transport is the primary mode of transport for most Indian citizens, and India's road transport systems are among the most heavily used in the world.

<span class="mw-page-title-main">Transport in Nigeria</span>

Nigeria’s transport network has expanded in recent years to accommodate a growing population. The transport and storage sector was valued at N2.6trn ($6.9bn) in current basic prices in 2020, down from N3trn ($8bn) in 2019, according to the National Bureau of Statistics (NBS). This was reflected in a lower contribution to GDP, at 1.8% in the fourth quarter of 2020, down from 2.1% during the same period the previous year but higher than the 0.8% recorded in the third quarter of 2020. One of the most significant challenges facing the sector is meeting the needs of both large coastal cities and rural inland communities in order to fully unlock the country’s economic potential. This is especially the case with mining and agriculture, both of which are expected to benefit from two large-scale projects: the Lekki Port in Lagos and the Kano-Maradi rail line in the north of the country.

<span class="mw-page-title-main">Lagos</span> City in southwestern Nigeria

Lagos or Lagos City is the most populous city in Nigeria, with an estimated population of 21 million in 2015. Lagos is the most populous urban area in Africa. Lagos was the national capital of Nigeria until December 1991 following the government's decision to move their capital to Abuja in the centre of the country. Lagos is a major African financial centre and is the economic hub of Lagos State and Nigeria at large. The city has a significant influence on commerce, entertainment, technology, education, politics, tourism, art, and fashion in Africa. Lagos is also among the top ten of the world's fastest-growing cities and urban areas. The megacity has the fourth-highest GDP in Africa and houses one of the largest and busiest seaports on the continent. Due to the large urban population and port traffic volumes, Lagos is classified as a Medium-Port Megacity.

<span class="mw-page-title-main">COSCO</span> Chinese shipping and logistics services supplier

China Ocean Shipping Company, Limited, formerly China Ocean Shipping (Group) Company, commonly known for its abbreviated name COSCO Group, or simply, COSCO, is one of the major holding companies for COSCO Shipping, one of the world's largest shipping companies. COSCO Shipping was formed in January 2016 by a merger of COSCO and China Shipping Group as one conglomerate.

<span class="mw-page-title-main">Apapa</span> LGA in Lagos State, Nigeria

Apapa is a Local Government Area in Lagos, located to the west of Lagos Island. Apapa contains a number of ports and terminals operated by the Nigerian Ports Authority (NPA), including the major port of Lagos State and Lagos Port Complex (LPC).Federal Government

<span class="mw-page-title-main">OOCL</span> Hong Kong shipping company

Orient Overseas Container Line, commonly known as OOCL, is a container shipping and logistics service company with headquarters in Hong Kong. The company is incorporated in Hong Kong as Orient Overseas Container Line Limited and separately incorporated as Orient Overseas Container Line Inc. in Liberia. The latter was also re-domiciled to the Marshall Islands.

<span class="mw-page-title-main">Dry port</span> Inland intermodal terminal connected by road or rail to a seaport

A dry port is an inland intermodal terminal directly connected by road or rail to a seaport, operating as a centre for the transshipment of sea cargo to inland destinations.

StraitNZ is a New Zealand transport firm that operates roll-on/roll-off freight and passenger shipping across the Cook Strait, between Wellington in the North Island and Picton in the South Island, as well as trucking and logistics services across New Zealand.

<span class="mw-page-title-main">Adani Ports & SEZ</span> Indian multinational port operator and logistics company

Adani Ports and Special Economic Zone Limited is an Indian multinational port operator and logistics company, based in Ahmedabad, India. A subsidiary of Adani Group, APSEZ is India's largest private port operator with a network of 12 ports and terminals, including India's first deep water Transshipment Port Vizhinjam International Seaport Thiruvananthapuram and India's first port-based SEZ at Mundra.

APM Terminals is a port operating company headquartered in The Hague, Netherlands. A unit of Danish shipping company Maersk's Transport and Logistics division, it manages container terminals and provides integrated cargo and inland services. It operates 74 port and terminal facilities in 38 countries on five continents, with five new port projects in development, in addition to over 100 inland services operations providing container transportation, management, maintenance and repair in 38 countries, for an overall global presence of 58 countries. In 2018, APM Terminals was ranked the world's fifth largest container terminal operator.

<span class="mw-page-title-main">Grimaldi Group</span> Shipping & logistics company

The Grimaldi Group is a private shipping company owned by the Grimaldi family and based in Naples, Italy. Grimaldi operates a large fleet of ro-ro, ro-ro/multipurpose, con-ro multipurpose, PCTC, ro-pax and cruise ferries vessels.

BMMI was established in 1883 and is a diversified retail and distribution, hospitality and contract services and supply group, supported by a world-class integrated logistics capability, that is based in the Kingdom of Bahrain, with international operations. BMMI is a provider of facility management, logistics and procurement services to governments and to non-governmental, commercial and military organisations. The group specialises in the wholesale, distribution and retail of food and beverages.

<span class="mw-page-title-main">Lekki</span> City in Lagos State, Nigeria

Lekki is a city in Lagos State, Nigeria. It is located to the south-east of Lagos city. Lekki is a naturally formed peninsula, adjoining to its west Victoria Island and Ikoyi districts of Lagos, with the Atlantic Ocean to its south, Lagos Lagoon to the north, and Lekki Lagoon to its east; however, the city's southeast, which ends around the western edge of Refuge Island, adjoins the eastern part of Ibeju-Lekki LGA.

<span class="mw-page-title-main">Sagar Mala project</span> Indian shipping infrastructure project

The Sagarmala Programme is an initiative by the Government of India to enhance the performance of the country's logistics sector. The programme envisages unlocking the potential of waterways and the coastline to minimize infrastructural investments required to meet these targets.

<span class="mw-page-title-main">LADOL</span> Privately owned logistics and engineering facility

Lagos Deep Offshore Logistics Base (LADOL), officially LADOL Free Zone, also known as LADOL Base or the initials LFZ, is an industrial Free Zone privately owned logistics and engineering facility located on an island in the Port of Apapa, Lagos, Nigeria.

Apapa Port Complex also known as the Lagos Port Complex is Nigeria's largest and busiest port complex. The complex consist of a number of facilities including Apapa quays, Third Apapa Wharf Extension, Apapa Dockyard, Apapa Petroleum Wharf, Bulk Vegetable Oil Wharf, Ijora Wharf, Kirikiri Lighter Terminal, and Lily pond inland container terminal. Financed and built by the colonial government of Nigeria, It became the nation's busiest port for exporting agricultural produce from the provinces of Western and Northern Nigeria in the late 1920s. Administration was transferred to the Nigerian government upon the granting of self-government and In 2005, the complex was divided into terminals and contracted out to private operators with NPA acting as the landlord and regulator.

<span class="mw-page-title-main">Snake Island (Lagos)</span> Island in Nigeria

Snake Island is an island of Lagos, located opposite Tin Can Island Port and Apapa. Named because of its snake-like topography, the island is about 14 km in length and 1.4 km wide. Compared to the rest of Lagos, it is less developed and mainly accessible by water transport. A bridge has been proposed for future development. The inhabitants comprises a cluster of ten resident communities namely: Imore, Ibeshe, Irede, Ilashe, Ibasa, Igbologun, Igbo-Esenyore, Igbo-Osun, Ikare, and Iyagbe.

<span class="mw-page-title-main">Snake Island Integrated Free Zone</span> Economic development area in Lagos, Nigeria

Snake Island Integrated Free Zone (SIIFZ) is a West African economic development area, established and operated by Nigerdock. It is strategically located on 252 hectares of land and infrastructure within the main harbour of Lagos, Nigeria and along the main navigation channel adjacent to Tin Can Island and Apapa ports, with immediate access to the open sea.

References

  1. Anagor-Ewuzie, Amaka (January 18, 2023). "Nigerdock moves to align with growth plan, meet diverse operational focus". Business Day. Retrieved December 5, 2023.
  2. Ogah, David (May 22, 2016). "Nigerdock: A dream killed in prime". The Guardian. Retrieved December 5, 2023.
  3. "Cablegate: Nigerdock: Story of a Privatization". Scoop. November 27, 2001. Retrieved December 5, 2023.
  4. Onileimo, Sesan (August 1, 2003). "Nigeria: Nigerdock Gets New Investors, Md". AllAfrica. Retrieved December 5, 2023.
  5. "Nigerdock". SupplyChain. June 3, 2020. Retrieved December 5, 2023.
  6. 1 2 Rahman, Rakin (May 24, 2023). "Nigerdock gets government nod for Snake Island Port". Port Technology International. Retrieved December 5, 2023.