Mediterranean Shipping Company has signed a 45-year sub-concession agreement with Nigerdock to develop, operate and maintain an exclusive container terminal within Snake Island Port in Lagos.
The agreement was announced on March 11, 2026.
Chief Marketing Officer of Nigerdock, Kevin Johnson-Azuara, disclosed the development in a statement.
According to the statement, the project will involve the development of a 30-hectare container terminal at the port facility.
The terminal is expected to be completed by 2028 and will feature a 910-metre quay, six ship-to-shore cranes, two ship berths, three barge berths and a draft depth of up to 18 metres.
Commenting on the partnership, the Chief Executive Officer of Nigerdock, Maher Jarmakani, said the collaboration represents a significant milestone in the expansion of Nigeria’s maritime infrastructure.
“We are thrilled to take this step forward in our partnership with MSC to develop a world-class container terminal within Snake Island Port. This gives the world’s leading shipping line a home in Nigeria and brings significant foreign direct investment into the country to accelerate growth in the maritime and logistics industry,” he said.
President of MSC, Diego Aponte, said the project reflects the company’s commitment to improving logistics services across Africa.
“Completing this key phase in the development of Snake Island Container Terminal with Nigerdock and our trusted partners demonstrates MSC Group’s commitment to providing excellent service to our customers in Nigeria and throughout Africa,” he said.
Aponte added that the new terminal would create opportunities, improve efficiency and strengthen the port’s position in global shipping.
“The new terminal will open up opportunities, enhance efficiency and elevate Snake Island Port as a major global shipping centre. Together with our Group’s other long-term investments in Nigeria, it will generate many local jobs and significantly increase economic revenue and resilience,” he added.
Snake Island Port is an 85-hectare port facility operated by Nigerdock and consists of three terminals that support operations within the Lagos port complex.
Mediterranean Shipping Company, headquartered in Geneva, Switzerland, is a global leader in transportation and logistics. The privately owned company was founded in 1970 by Gianluigi Aponte and operates about 1,000 vessels with 675 offices across 155 countries.
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