Vanguard News
Ports & Cargo Terminal records 6% growth
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Ports & Cargo Handling Services Limited, a subsidiary of SIFAX Group and concessionaire of Terminal C, Tin Can Island Port, Apapa, has said that it recorded 12,153 Twenty Equivalent Units, TEUs of containers throughput representing six per cent increase last year compared to 2019.
This is even as the foremost terminal operator said that it is targeting 300,000 TEUs in the 2021 business year.
Managing Director, Ports & Cargo Handling Services Limited, John Jenkins, noted that while the target is ambitious, it is achievable in view of the company’s impressive 2020 performance, despite the myriad of challenges that the maritime sector confronted in 2020.