Terminal operator, group partner on barge operations

APM Terminals’ West Africa Container Terminal, WACT, Onne Port, Rivers State and the Ibeto Group have commenced a joint barging operation .

The terminal operator, in a statement, revealed that the partnership had witnessed the reception of the first barge call, marking a significant milestone in the recently signed Memorandum of Understanding between WACT and Ibeto Group in the first quarter of this year.

According to the firm, the partnership is aimed at promoting strategic collaboration in barging containers between WACT Onne and the Ibeto terminal in Port Harcourt.

Speaking at a ceremony to mark the inaugural barge call in Onne Port, recently, Frederik Klinke, the Chief Executive Officer of APM Terminals, Nigeria, described the development as a significant milestone in the history of WACT.

He said the MOU was the culmination of a process which had been ongoing for a couple of years.

He noted that the group had been working with shipping line partners, “as well as the Ibeto Group to develop a product that enhances the offering that exists in the terminal to enable customers to choose between taking delivery of their containers through trucks or barges, thereby bypassing the sometimes difficult road conditions”.

Klinke said, the terminal always invests for the long term, as an infrastructure company.

We are very happy with the partnership we have developed with Ibeto and expect it to be a long-term partnership,” he remarked.

Also speaking, Chika Umeh, the WACT Sales Manager, described the ceremony as an epoch-making event, stressing that the new product came out of the need to listen to the voice of customers and to expand the footprint of WACT.

The aim is first to give the customers what they are asking. What they are asking for is proximity to their warehouse, and cost efficiency. And the reason we picked Ibeto was because we saw the facility on the ground and saw the APM Terminals spirit in the chairman, the passion and drive,’’ Umeh stressed.

Also, WACT Operations Manager, Fanick Atchia, stated, “At APM Terminals, our purpose is to improve life for all and to find a way to bring the cargo closer to the customer, to bring the imports, exports, and empty containers closer to the customers.”

Cyril Obiora, the Operations Manager of Ibeto Group, announced that the partnership was borne out of the need to serve the importing and exporting community best.

“It is a ground-breaking partnership, and we are happy to be there. People will now have jobs, as it will be impactful in the community. It is a way of opening the industry in the maritime, shipping, waterways because the inland waterways are very much underused. The road will be safer, and congestion eliminated by using the inland waterways,” he said.

Zainab Odunayo
Zainab Odunayo
Zainab Odunayo is a News Reporter at Wakadaily News, specializing in politics and current affairs. With a strong passion for storytelling and a keen interest in social issues, Zainab brings insightful perspectives to her reporting.

Popular Related

Sanwo-Olu canvasses environmentally-friendly real estate

Babajide Sanwo-Olu, the Lagos State Governor emphasized the critical importance of innovation, sustainability, and inclusivity in shaping the future of the real estate sector...

Customs Q1 revenue surpasses N1tn, rice tops N10bn seizures

In the first quarter of 2024 , the Nigeria Customs Service, declared on Wednesday that a 122.35 percent increase while comparing it to the...

Blue economy key to youth empowerment, says Oyetola

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has tasked Nigerian youths to take advantage of the potential in the maritime sector so...

Tinubu plans to announce a new minimum wage on Workers’ Day

President Bola Tinubu might announce a new minimum wage on May 1, International Labour Day, with the implementation backdated to April. The National Minimum...

Ibadan DisCo warns against paying cash to fake agents

The Ibadan Electricity Distribution Company (IBEDC), has urged customers to stop making payment to fake agents, as it  announced the availability of meters following...

Senate calls for CBN officials over N30 trillion naira loans

The senate had agreed to call in some officials of the Central Bank of Nigeria over the disbursement and utilization of N30trn Ways and...

Rwanda, Ogun to partner for economic growth

Christophe Bazivamo, the Rwandan Ambassador to Nigeria, expressed readiness to establish economic and educational ties with Ogun State for the mutual benefit of both...

Currency in circulation rises to N3.87tn – CBN

Following the value of Nigeria's currency in circulation, which has increased to N3.87tn at the end of first quarter in 2024. This is according to...

Government credit increases by 2% to N19.98 trillion

Government credit increased by 2.0 percent month-on-month (MoM) to N19.98 trillion in April, up from N19.58 trillion in March, according to the Central Bank...

Newly promoted officers decorated and urged to instill discipline by Rivers CP

78 officers have been decorated and elevated to the rank of Superintendents of Police by Rivers State Commissioner of Police Olatunji Disu and his...