Freight News, Sea

CMA takes stake in new Nigeria port

[ January 28, 2014   //   ]

Philippines-based terminal operator ICTSI has sold a 25% stake in its Nigerian operation, Lekki International Container Terminal Services to CMA Terminals, the 100% ports subsidiary of the CMA CGM Group. Lekki, 60km east of Lagos, aims to provide a solution to current congestion in Nigeria and act as a regional transshipment hub in West Africa. It has a straight-line quay of 1200m and a yard area of 66 hectares and is expected to be fully operational in 2017, with 14 post-panamax cranes and an annual capacity of 2.5 million teu.

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