Latest news

First direct Shanghai-Lagos cargo ship berths at PTML terminal


A multipurpose terminal operator, PTML Terminal, has announced the arrival of the first Container roll-on roll-off vessel, MV Great Cotonou, offering direct services from Shanghai to Lagos.

In a statement on Saturday, the terminal operator stated that the arrival of the vessel marks a significant advancement in maritime trade between China and Nigeria, reducing transit times and enhancing logistics efficiency.

It added that the vessel, MV Great Cotonou, which is owned by Grimaldi Group, will transform regional trade by offering the fastest transit time on this route, just 27 days.

According to the terminal, unlike other shipping services that require transhipment at intermediary ports, “This direct service ensures faster and more reliable delivery for Nigerian importers, eliminating delays and additional handling costs.”

The terminal added that with this innovative service, Nigerian businesses can now receive not only containerised cargo but also vehicles, including cars, vans, trucks, and project cargo, all on the same vessel.

“This unique multimodal transport solution presents a substantial logistical advantage, streamlining supply chains and reducing overall costs for importers,” the terminal added in a statement.

The Managing Director of PTML, Ascanio Russo, explained that the arrival of the vessel represents a pivotal moment for Nigerian importers.

He highlighted that the vessel will significantly reduce transit times and logistics costs while offering unmatched convenience by accommodating various types of cargo in a single shipment.

“We have the infrastructure, the expertise, the human capital and we will offer a great service to our importers and exporters. The arrival of this ship will definitely create many more opportunities for our terminal, workers, host community, and Nigeria as a whole,” Russo said.

Russo mentioned that the vessel is the largest container RORO ship coming to Africa.

He stressed that the terminal had upgraded its facilities to receive this type of vessel.

We have recently acquired a massive mobile harbour crane which cost more than $10m. Also, we had to upgrade our infrastructure, quayside with investment over $5m just to accommodate these ships,” Russo said.

Also speaking, a member of the Grimaldi family, Andrea Grimaldi said, “Our goal is to create a fast and efficient trade link between Shanghai and West Africa, particularly Lagos. The Great Cotonou offers a direct connection with a rapid 27-day transit. We are starting with Shanghai, but as demand grows, we plan to expand our coverage to other Chinese ports and beyond.”

He pointed out that with the groundbreaking development, Nigerian businesses and logistics operators now have access to a faster, more efficient, and cost-effective trade link with China.

“The direct Shanghai-to-Lagos route reinforces Lagos as a key hub in global maritime logistics, strengthening Nigeria’s position as a leading player in West African trade,” Grimaldi said.

Grimaldi said that as the terminal continues to expand its service services, the launch of this direct shipping route stands as a testament to its commitment to enhancing trade, “boosting economic growth, and providing world-class logistics solutions in Nigeria.”

He added that the terminal is well-equipped to handle this new service, boasting state-of-the-art facilities, easy port access, and a dedicated workforce to ensure seamless operations.

“The terminal’s highly efficient cargo-handling capabilities will further enhance the benefits of this direct shipping route,” he said.

Tags :

Related Posts

Must Read

Popular Posts

The Battle for Africa

Rivals old and new are bracing themselves for another standoff on the African continent. By Vadim Samodurov The attack by Tuareg militants and al-Qaeda-affiliated JNIM group (Jama’a Nusrat ul-Islam wa al-Muslimin) against Mali’s military and Russia’s forces deployed in the country that happened on July 27, 2024 once again turned the spotlight on the activities...

I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...