Ports and Cargo Targets Stronger Rebound in 2026

Ports and Cargo Handling Services Limited, a subsidiary of SIFAX Group, has stated its strategic resolution of refocusing its enterprise totally on basic cargo and break-bulk dealing with was chargeable for its operational rebound in 2025.

The improved efficiency follows a strategic repositioning of the terminal after a difficult 2024 the place it misplaced some high-profile purchasers, which negatively affected the terminal’s cargo volumes and earnings. In response, the corporate refocused its operations on basic cargo and break-bulk dealing with, a transfer that stabilised the enterprise and unlocked a brand new progress trajectory.

According to John Jenkins, Managing Director, Ports and Cargo Handling Services Limited, the restructuring of its stevedoring actions additionally performed a significant position within the restoration course of.

“Our strategic operational reforms performed a important position within the rebound. The firm restructured its stevedoring operations, leading to a big discount in working prices and measurable enhancements in productiveness following a change in service supplier.

“We also invested in critical equipment such as forklifts and spare parts, while rebalancing our workforce. This included filling key operational roles with competent hands to strengthen service delivery and support higher volumes,” Jenkins added.

Looking forward, the corporate has projected a big income progress, with basic cargo accounting for the most important share of those projections, supported by elevated volumes of metal, automobiles, and palletised cargo, in addition to larger import flows from Asia into Nigeria.

To maintain this progress and deal with anticipated enhance in enterprise quantity, the corporate has outlined a 2026 capital expenditure that features investments in crane improve, acquisition of further forklifts, and terminal vans. These investments may also assist at easing capability constraints, decreasing gear rent prices, and sustaining operational effectivity.

While acknowledging ongoing challenges akin to house constraints and volatility in container transport companies, administration expressed confidence within the firm’s outlook.

“The lessons learned in 2025 have strengthened our approach to cost control, customer engagement, and operational execution. With demand no longer our primary constraint, our focus in 2026 is on efficient execution, handling higher cargo volumes while protecting margins and sustaining profitability,” Jenkins stated.

Ports and Cargo Handling Services Limited operates as a part of the SIFAX Group’s port and logistics portfolio, offering specialised cargo dealing with options inside Nigeria’s maritime sector.

 

 

 

Media Contact:
Olumuyiwa Akande
Head, Corporate Communications
olumuyiwaak@sifaxgroup.com

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