Apapa records 25 per cent rise in non-oil export volume for H1 2024

Apapa records 25 per cent rise in  non-oil export volume for H1 2024

APM Terminals, Apapa has recorded a 25 per cent increase of non-oil export cargoes in the first half of 2024 as against the volume in the same period in 2023.
The terminal said the export figures for non-oil cargo in 2024 stood at 51,000 Twenty-foot Equivalent units (TEUs), a rise of 25 per cent year-on-year (YOY) when compared with 47,000 TEUs for H1 2023.

The Terminal Manager, APM Terminals Apapa, Steen Knudsen, described non-oil export cargo as an integral part of the terminal’s business.

“Over the last four years, we have witnessed a steady growth in non-oil export cargo. In 2020, export volumes stood at 53,000 TEUs, in 2021 it rose to 63,000 TEUs and in 2022, 71,000 TEUs. The greatest rise in exports was recorded in 2023, when volumes rose to 94,000 TEUs, an increase of 32 per cent.”

To continue to drive this growth in non-oil exports, Knudsen added that the terminal would be hosting…
Read More

Leave a comment

Send a Comment

Your email address will not be published. Required fields are marked *