https://www.engineeringnews.co.za

Shipper MSC secures 45‑year Lagos port concession with Nigerdock

12th March 2026

By: Reuters

  

Font size: - +

Shipping company MSC has signed a 45-year concession agreement with Nigerian maritime company Nigerdock to develop, operate and maintain a new container terminal at Snake Island Port in Lagos, the Switzerland-based company said.

The dedicated MSC terminal would be part of the company's announced $1-billion investment in infrastructure and logistics in Nigeria.

Global shipping companies are pushing to secure long-term footholds in emerging markets as supply chains are reconfigured worldwide.

Nigeria, Africa's largest economy, is grappling with chronic congestion at Lagos' ports.

MSC said the terminal, to be built by ITB Nigeria and DEME Group, is expected to be ready by 2028.

It will occupy 30 ha and feature a 910 m quay capable of handling ship‑to‑shore cranes and mobile harbour cranes, serving both deep-sea vessels and barges.

"The new terminal will open up opportunities, enhance efficiency, and elevate Snake Island Port as a major global shipping center," MSC President Diego Aponte said.

Snake Island Port is an 85-hectare facility operated by Nigerdock, a maritime and logistics company, and comprises three terminals serving the Lagos port complex.

Edited by Reuters

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Sika South Africa
Sika South Africa

Sika South Africa is a trusted partner for the nation’s infrastructure, commercial, residential, and industrial sectors.

VISIT SHOWROOM 
Vikela Aluvin (Pty) Ltd
Vikela Aluvin (Pty) Ltd

Complete range of security sealing solutions including security seals bags and labels.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.048 0.245s - 122pq - 2rq
Subscribe Now