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Published: October 2005
...operators announced
Following the completion of APMT’s contract to manage Apapa Container Terminal, the results of the tenders for the other two main Lagos facilities - Tin Can Island and the ro-ro terminal - have been unveiled. Bids closed on 8 July this year and the comparison of financial bids had to wait for the assessment of technical bids.
Comet Shipping Agencies Nigeria Ltd was the only party to bid to manage the ro-ro terminal, with an offer of US$125 mill over the 15 years of the contract. The three Tin Can terminals A, B and C, went to Joseph Dam and Sons, Tin Can Island Container Terminal Ltd and Sifax Nigeria Ltd respectively, with bids of US$14.6 mill, US$83.2 mill and US$104.4 mill. Tin Can Island Container Terminal Ltd, which comprises Bolloré and Gold Star Lines, is expected to boost container handling capacity to over 70,000 TEU/year....
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Read this item in full
This complete item is approximately 225 words in length, and appeared in the October 2005 issue of WorldCargo News, on page 12.
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