--Advertisement--

WACT orders ‘$2.5m equipment’ to handle increasing container volumes

Shippers council: Nigeria loses $500m yearly due to delay in implementing cargo tracking contract Shippers council: Nigeria loses $500m yearly due to delay in implementing cargo tracking contract

The West African Container Terminal (WACT), Onne Port, Rivers state, says it has placed order for 10 terminal trucks, two reach stackers and one empty container handler worth US$2.5 million (N900 million) to cope with increasing volumes at the terminal.

Aamir Mirza, managing director of WACT, said this during the inauguration of four new terminal trucks to enhance service delivery to its customers.

The four new trucks arrived the country on Wednesday, having been flown in on one of the world’s largest cargo airplane, the Antonov An-124.

Mirza said the increase in cargo volume at the terminal necessitated the need to increase the number of the cargo handling equipment and truck fleet.

Advertisement

He said congestion on the port roads in Apapa, Lagos has led to an increase in container volumes at Onne, as more customers find WACT attractive to handle their goods.

“The traffic situation at Apapa is one of the reasons for our unprecedented growth. In 2016 and 2017, WACT recorded a growth of about 17%. This is because of the stability of the Naira and government’s encouragement of agricultural-based exports,” Mizra said.

“However, in 2018, we ended up with a 22% growth as against our projections of 8% growth in container traffic. A sizable portion of this volume is due to traffic at Apapa, as more shippers are diverting their cargo to Onne.
“The equipment we ordered are made to our specifications, which is based on the environment and weather conditions. Our equipment is not like cars that can be produced and kept in showrooms. It takes about four to six months for the equipment to be manufactured and shipped to us.”

Advertisement

He said the remaining six trucks and other equipment are expected to arrive the terminal before April.

“Going by the growth of the Nigerian market, in about one and half years, our truck fleet will increase by 100%, reach stackers by 50%, and the empty handler fleet by 100%. This is significant investment,” he said.
Michael Ebeatu, chapter chairman of the Association of Nigeria Licensed Customs Agents (ANLCA), Onne Free Zone, described the addition to the truck fleet as commendable.

“This will go a long way to help with the huge volume of containers coming here,” Ebeatu said.

In 2016, WACT was named Nigeria’s Best Container Handling and Port Development Company at the African Governance and Corporate Leadership Award organized by the Institute for Government, Research, Leadership and Technology, Abuja.

Advertisement

The Onitsha Chamber of Commerce, Industry, Mines and Agriculture (OCCIMA) also named WACT the winner of its Corporate Distinguished Service Award in 2015.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected from copying.