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Nigeria Shipping Report Q1 2016

Nigeria Shipping Report Q1 2016

BMI View: In 2016, we anticipate the outperformer in terms of tonnage throughput growth will be PortHarcourt once more, with the facility set to register double-digit gains. With the African giant very muchdependent on oil production as a key export, it is fairly unwelcome news that a decline in proven oilreserves demonstrates the impact of lower levels of exploration activity in the country since 2005.

Exploration will remain slow without significant improvements in regulatory certainty and the securitysituation, which will temper output at Nigerian ports as a result.

Port Harcourt is poised to take the top spot ahead of the port of Sapele (6.24%) and the port of Apapa(5.2%) in 2016. Nigeria's second largest port by tonnage throughput terms, the port of Tincan Island, will,however, see lower y-o-y growth than its domestic peers over the next 12 months, ending the year with y-oygrowth of 2.46%.


BMI Industry View
SWOT
Shipping
Political
Economic
Operational Risk
Industry Forecast
Port Of Lagos Throughput
Table: Major Ports Data (Nigeria 2012-2019)
Table: Trade Overview (Nigeria 2012-2019)
Table: Key Trade Indicators (Nigeria 2012-2019)
Table: Top Import Destinations, 2006-2013
Table: Top Export Destinations, 2006-2013
Market Overview
Nigeria Container Shipping Market Overview
Shipping - Global Industry View
Bright Spot For Shipping: Low Bunker Prices
Table: BMI Bunker Fuel (IFO180 & MGO) Price Forecast
Short-Term Outlook (three-to-six months)
Long-Term Outlook
Risks To Outlook
Global Company Strategy
Maersk Line
Mediterranean Shipping Company (MSC)
CMA CGM
Evergreen Line
COSCO Container Lines Company (COSCON)
Macroeconomic Forecasts
Table: Economic Activity (Nigeria 2010-2019)
Demographic Forecast
Demographic Outlook
Table: Population Headline Indicators (Nigeria 1990-2025)
Table: Key Population Ratios (Nigeria 1990-2025)
Table: Urban/Rural Population & Life Expectancy (Nigeria 1990-2025)
Table: Population By Age Group (Nigeria 1990-2025)
Table: Population By Age Group % (Nigeria 1990-2025)

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