MSC Group and Nigerdock have signed a 45-year concession agreement to develop a container terminal within Snake Island Port in Lagos. The project is part of a broader investment in Nigerian infrastructure and logistics totaling more than $1 billion, according to the company.
An engineering, procurement, and construction contract was also finalised with ITB Nigeria and DEME Group for the development.
The terminal is expected to feature a 910-metre quay equipped with ship-to-shore cranes and mobile harbour cranes to serve deep-sea vessels and barges, MSC stated.
Design specifications include an initial dredging depth of -16.5 metres chart datum to align with the existing navigation channel. The facility will encompass a 30-hectare yard designed for hybrid rubber-tired gantries, with provisions for future expansion.
MSC noted that the terminal design remains scalable to allow for a final depth of -18 metres chart datum to accommodate larger vessels.
Diego Aponte, President of MSC Group, commented, "The new terminal will open up opportunities, enhance efficiency, and elevate Snake Island Port as a major global shipping center."
