Following a government pledge to modernize
Nigeria’s aging port infrastructure, Onne Port in Rivers State has inaugurated
a newly upgraded container terminal, the West Africa Container Terminal (WACT),
operated by APM Terminals. This $115 million refurbishment nearly doubles the
terminal’s yard space and introduces advanced cargo handling equipment,
including Mobile Harbor Cranes (MHC) and Rubber Tyre Gantries (RTG), aimed at
significantly reducing turnaround times. While Onne Port has traditionally been
known for its oil and gas operations, the container segment is increasingly
becoming central to its operations, with the port well-positioned to support
emerging industrial clusters in eastern and central Nigeria. APM Terminals,
which also operates a container terminal in Lagos, highlights the strategic
importance of this upgrade, noting that it will enhance the port's efficiency
and capacity. As Africa's largest economy and most populous nation, Nigeria is
on the verge of substantial growth, and APM Terminals aims to be a key driver
of this transformation, turning WACT into a world-class facility that boosts
trade across West Africa. In addition to APM Terminals' efforts, Maersk has
been heavily investing in Nigerian port infrastructure, including adding Onne
Port to its direct service route (FEW3) in 2020, which connects the Far East
with major West African ports. Maersk's commitment to the Nigerian market was
further underscored in April when the company pledged nearly $600 million
towards the expansion of Nigeria’s port facilities, with Chairman Robert Maersk
Uggla making the announcement during a meeting with President Bola Tinubu.

