CMA CGM to operate Nigeria’s first deepsea box terminal

4/19/2018

Global container shipping group CMA CGM and Lekki Port LFTZ Enterprise (LPLE) have signed a Memorandum of Agreement (MoA) to operate a new container terminal at Lekki Port that is set to become Nigeria’s first deepsea box terminal in 2020.

Located in Africa’s largest economy, the future Lekki Deep Sea Port will be developed, built and operated by LPLE, a joint venture enterprise led by the Tolaram Group, the Lagos State Government and the Nigerian Ports Authority. As the container terminal operator, CMA CGM, through its subsidiary CMA Terminals, will be responsible for marketing, operations and maintenance of the container terminal at Lekki Deep Sea Port.

Upon completion in 2020, Lekki port will have two container berths.

Navin Nahata, CEO of Lekki Port LFTZ Enterprise, described the signing of the agreement with the CMA CGM Group “as another step in the right direction towards the actualization of the port, which would become the deepest port in sub-Saharan Africa”. He added: “CMA Terminals is a world class port operator and can be relied upon to provide international port standard delivery services at par with most modern ports around the world to the Nigerian port customers”.

CMA CGM executive officer Farid Salem commented: “As Nigeria’s first deep sea port, Lekki Port represents a strategic choice for the CMA CGM Group. Thanks to its position and capacity, Lekki Port will allow us to bring to Nigeria larger container ships from Europe and Asia to better serve our customers and pursue our commitment to the development of the entire region.

With CMA CGM’s unique service offering and expertise combined with our logistics and inland services, our presence in Lekki Port will benefit the entire Nigerian supply chain and market as well as neighboring countries.”

CMA CGM said Lekki Port would help reduce congestion in the port of Lagos, adding: “Lekki Port’s container terminal will allow the group to develop its presence into West Africa’s first consumer market and will serve as a transhipment hub, especially to neighboring countries like Togo and Benin.

Upon completion, the container terminal will be equipped with a 1,200-metre-long quay as well as 13 quay cranes and will have a capacity of 2.5 million TEU.

 “With its 16-meter depth, it will allow the group to deploy ships with a capacity of up to 14,000 TEUs.” It said operations are planned to start at the end of 2020.