Ports and Cargo Handling Services Limited, a subsidiary of SIFAX Group, has attributed its operational rebound in 2025 to a strategic decision to refocus its business on general cargo and break-bulk handling.
The company disclosed that the improved performance followed a deliberate repositioning of its terminal after a difficult 2024, during which the loss of several high-profile clients negatively impacted cargo volumes and earnings.
In response, management redirected operations toward general cargo and break-bulk services, a move that stabilised the business and set it on a renewed growth path.
According to the Managing Director, Ports and Cargo Handling Services Limited, John Jenkins, internal operational reforms were central to the recovery.
He explained that the restructuring of the company’s stevedoring activities significantly reduced operating costs while boosting productivity after a change in service provider.
“Our strategic operational reforms played a critical role in the rebound. The company restructured its stevedoring operations, resulting in a significant reduction in operating costs and measurable improvements in productivity,” Jenkins said.
He added that the company strengthened its operational capacity through targeted investments in critical equipment such as forklifts and spare parts, alongside workforce rebalancing to fill key roles with skilled personnel capable of supporting higher cargo volumes and improved service delivery.
Looking ahead, the firm projects strong revenue growth, with general cargo expected to account for the largest share. This outlook is supported by rising volumes of steel, vehicles, and palletised cargo, as well as increasing import flows from Asia into Nigeria.
To sustain the anticipated expansion and manage higher business volumes, the company has outlined a capital expenditure plan for 2026.
The plan includes upgrading cranes, acquiring additional forklifts, and investing in terminal trucks—measures aimed at easing capacity constraints, reducing reliance on hired equipment, and maintaining operational efficiency.
Despite ongoing challenges such as limited terminal space and volatility in container shipping services, management expressed confidence in the company’s future.
“The lessons learned in 2025 have strengthened our approach to cost control, customer engagement, and operational execution.
With demand no longer our primary constraint, our focus in 2026 is on efficient execution handling higher cargo volumes while protecting margins and sustaining profitability,” Jenkins stated.
Ports and Cargo Handling Services Limited operates within SIFAX Group’s port and logistics portfolio, delivering specialised cargo handling solutions across Nigeria’s maritime sector.
