Ports and Cargo Handling Services Target Stronger Maritime Rebound in 2026
Ports and Cargo Handling Services Limited, a SIFAX Group subsidiary, has recorded a notable operational rebound in 2025 following a strategic refocus on general cargo and break-bulk handling, positioning the terminal for stronger growth within Nigeria’s maritime sector in 2026.
The improved performance came after a difficult 2024 marked by the loss of key clients, which impacted cargo throughput and revenue. In response, the terminal undertook a strategic repositioning, shifting emphasis to general cargo and break-bulk operations, an approach that stabilised activities and opened a new growth path.
Managing Director, John Jenkins, said the recovery was further supported by a comprehensive restructuring of the company’s stevedoring operations.
“Our operational reforms were central to the rebound. We restructured stevedoring activities, significantly reducing operating costs and improving productivity following a change in service provider,” Jenkins said.
He added that targeted investments in critical handling equipment, including forklifts and spare parts, alongside workforce rebalancing and the recruitment of skilled personnel into key operational roles, strengthened service delivery and prepared the terminal for higher cargo volumes.
Looking ahead, the company is projecting strong revenue growth in 2026, with general cargo expected to contribute the largest share. This outlook is supported by anticipated increases in steel imports, vehicle handling, palletised cargo, and rising import flows from Asia into Nigeria.
To support the projected growth, Ports and Cargo Handling Services Limited has outlined a capital expenditure programme for 2026, covering crane upgrades, the acquisition of additional forklifts, and terminal trucks. The investments are aimed at easing capacity constraints, reducing reliance on hired equipment, and sustaining operational efficiency.
Despite ongoing challenges, including space limitations and volatility in container shipping services, management remains optimistic.
The experience of 2025 has sharpened our focus on cost control, customer engagement and operational execution. With demand no longer our primary constraint, our priority in 2026 is efficient execution—handling increased cargo volumes while protecting margins and sustaining profitability,” Jenkins said.
Ports and Cargo Handling Services Limited operates within SIFAX Group’s port and logistics portfolio, delivering specialised cargo handling solutions across Nigeria’s maritime industry.
