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Ports & Cargo Terminal records 6% growth
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Ports & Cargo Handling Services Limited, a subsidiary of SIFAX Group and concessionaire of Terminal C, Tin Can Island Port, Apapa, has said that it recorded 12,153 Twenty Equivalent Units, TEUs of containers throughput representing six per cent increase last year compared to 2019.
This is even as the foremost terminal operator said that it is targeting 300,000 TEUs in the 2021 business year.
Managing Director, Ports & Cargo Handling Services Limited, John Jenkins, noted that while the target is ambitious, it is achievable in view of the company’s impressive 2020 performance, despite the myriad of challenges that the maritime sector confronted in 2020.
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Joseph Olaoluwa
Ports & Cargo Handling Services Limited, a subsidiary of SIFAX Group and concessionaire of Terminal C, Tin Can Island Port, Apapa, has set a target of 300,000 TEUs (Twenty-foot Equivalent Unit) for its 2021 business year.
Managing Director, Ports & Cargo Handling Services Limited, John Jenkins, in a statement on Wednesday said the target though ambitious, was achievable given its impressive 2020 performance despite the myriads of challenges that the maritime sector confronted in 2020.
In 2020, the terminal recorded an increase of 12,153 TEUs to cap at 242,195 TEUs as against 2019’s figure of 230,042 TEUs, according to a statement titled ‘Ports & Cargo Terminal targets 300,000 TEUs in 2021’.