Ports and Cargo Handling Services Limited Invests in Equipment and Infrastructure for Future Growth

Ports and Cargo Handling Services Limited Invests in Equipment and Infrastructure for Future Growth

 

By prince Benson Davies

 

Ports and Cargo Handling Services Limited, a subsidiary of SIFAX Group, is poised to leverage general cargo operations to drive revenue growth in 2026. The company has achieved a significant operational rebound in 2025, following a strategic decision to refocus its business primarily on general cargo and break-bulk handling.

According to John Jenkins, Managing Director, Ports and Cargo Handling Services Limited, the company’s strategic operational reforms played a critical role in the rebound. The company restructured its stevedoring operations, resulting in a significant reduction in operating costs and measurable improvements in productivity.

The company has also invested in critical equipment such as forklifts and spare parts, while rebalancing its workforce to strengthen service delivery and support higher volumes. With a significant revenue growth projected for 2026, general cargo is expected to account for the largest share of these projections, driven by increased volumes of steel, vehicles, and palletised cargo, as well as higher import flows from Asia into Nigeria.

To sustain this growth and cope with the expected increase in business volume, the company has outlined a 2026 capital expenditure that includes investments in crane upgrade, acquisition of additional forklifts, and terminal trucks. These investments will help ease capacity constraints, reduce equipment hire costs, and maintain operational efficiency.

Despite ongoing challenges such as space constraints and volatility in container shipping services, management expressed confidence in the company’s outlook, citing lessons learned in 2025 that have strengthened its approach to cost control, customer engagement, and operational execution.

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