Nigeria Shipping Report - Business Monitor International - Industry Reports

Nigeria Shipping Report

Nigeria Shipping Report - Business Monitor International - Industry Reports
Nigeria Shipping Report
Published Nov 14, 2015
84 pages — Published Nov 14, 2015
Price US$ 1,295.00  |  Buy this Report Now

About This Report

  
Abstract:

� Business Monitor International Ltd Page - Nigeria Shipping Industry SWOT - Continued The proposed new port at Ibaka would encourage further investment in Nigeria. The West Africa Maximum vessel being developed by Maersk, the container shipping market leader, has been specially designed to call at West African ports previously inaccessible to vessels carrying -,--- twenty-foot equivalent units. ...� Business Monitor International Ltd Page - Nigeria Shipping Industry SWOT - Continued The proposed new port at Ibaka would encourage further investment in Nigeria. The West Africa Maximum vessel being developed by Maersk, the container shipping market leader, has been specially designed to call at West African ports previously inaccessible to vessels carrying -,--- twenty-foot equivalent units. Upside risk is presented to our port throughput growth forecasts for Nigerian ports through a recent decision by landlocked neighbour Niger to return to using Nigerian ports for its imports and exports. ...Executive Secretary of the NSC Hassan Bello stated: We are going to make our ports effective, efficient and competitive. We are going to reduce duel time for cargo at the ports; we are going to make the ports transparent through the introduction of automation and some technologies.

...< ALACRA META ABSTRACT>BMI View: In ----, we anticipate the outperformer in terms of tonnage throughput growth will be Port Harcourt once more, with the facility set to register double-digit gains. With the African giant very much dependent on oil production as a key export, it is fairly unwelcome news that a decline in proven oil reserves demonstrates the impact of lower levels of exploration activity in the country since ----. ...< ALACRA META ABSTRACT>BMI View: In ----, we anticipate the outperformer in terms of tonnage throughput growth will be Port Harcourt once more, with the facility set to register double-digit gains. With the African giant very much dependent on oil production as a key export, it is fairly unwelcome news that a decline in proven oil reserves demonstrates the impact of lower levels of exploration activity in the country since ----. Exploration will remain slow without significant improvements in regulatory certainty and the security situation, which will temper output at Nigerian ports as a result. ...Meanwhile, Nigeria s current account balance will remain in deficit in ----, as exports will fail to recover from the ---- oil price collapse. The deficit will narrow from ----; however, inevitable naira devaluation will limit imports.

...Ship chandelling services, haulage, truck storages, warehousing, mooring and other sundry services in Nigeria also lost over NGN--bn (USD---.--mn). ...Ship chandelling services, haulage, truck storages, warehousing, mooring and other sundry services in Nigeria also lost over NGN--bn (USD---.--mn). Poor State Of Roads Affect Cargo Revenue: The reason for the constant decline in Nigeria s revenue from cargo and customs at Lagos ports - Apapa and Tincan Island - is the poor state of the roads that lead to the ports, the Lagos Chamber of Commerce and Industry (LCCI) has stated in a communique (The Punch). The deplorable state of the roads has had diverse effects on the private sector, the economy and citizens. ...

  
Source:
Document ID
2040-9990
Country
Industry
Format:
PDF Adobe Acrobat
Buy Now

Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

About the Author


Cite this Report

  
MLA:
Business Monitor International - Industry Reports. "Nigeria Shipping Report" Nov 14, 2015. Alacra Store. Dec 09, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Nigeria-Shipping-Report-2026-933>
  
APA:
Business Monitor International - Industry Reports. (2015). Nigeria Shipping Report Nov 14, 2015. New York, NY: Alacra Store. Retrieved Dec 09, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Nigeria-Shipping-Report-2026-933>
  
US$ 1,295.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Market Research from one place.