Connect with us

Business

CMA CGM Slaps Fresh Peak Season Surcharge on Nigeria-bound China Cargo

Published

on

CMA CGM Slaps Fresh Peak Season Surcharge on Nigeria-bound China Cargo

By Okeoghene Onoriobe, Waterways News Correspondent, Lagos

Nigerian importers are bracing for higher freight bills after global container carrier CMA CGM activated a new Peak Season Surcharge (PSS) on shipments originating from China and destined for West Africa, with Nigeria absorbing a rate of $575 per twenty-foot equivalent unit (TEU).

The surcharge, which took effect on 27 March 2026, applies to all cargo types and is aimed primarily at short-term shipping contracts. CMA CGM described the measure as essential to sustaining service reliability on its Asia–West Africa trade lanes during a period of elevated cargo demand.

Advertisement

Nigeria is not alone in bearing the new cost burden. Other West African markets — including Ghana, Côte d’Ivoire, Benin, Togo, and Equatorial Guinea — will attract a slightly higher rate of $590 per TEU under the same directive.
Peak Season Surcharges are a standard industry tool used by ocean carriers to manage capacity strain when cargo volumes rise sharply on high-traffic routes. The Asia–West Africa corridor has seen growing strategic importance as regional economies deepen their reliance on Chinese manufactured goods, machinery, and consumer products.

For Nigerian traders, however, the timing is sensitive. Freight costs in Naira terms remain considerably elevated against the backdrop of ongoing exchange rate volatility, meaning any dollar-denominated surcharge translates into an amplified burden for businesses operating with local currency liquidity.

Nigeria Watch
The latest CMA CGM surcharge lands at a critical moment for Nigeria’s import-dependent trade ecosystem. Apapa and Tin Can Island ports — which handle the bulk of containerised cargo entering the country — are already navigating congestion pressures and terminal throughput constraints. Any uptick in landed freight costs risks being passed along the supply chain to manufacturers, distributors, and ultimately end consumers.

See also  CMA CGM Deploys Emergency Multimodal Corridors to Beat Hormuz Blockade — What It Means for Nigerian Shippers

Freight forwarders and customs agents at Lagos port are expected to factor the new PSS into their cost schedules immediately, given the 27 March effective date. Shippers operating under existing long-term freight agreements may have limited exposure in the short term, but spot cargo and new bookings from China will feel the impact directly.

Advertisement

The Nigerian Shippers’ Council (NSC) and the Nigerian Ports Authority (NPA) will be watching closely. With Nigeria’s import bill heavily weighted towards Chinese goods — ranging from industrial equipment to fast-moving consumer goods — any sustained increase in ocean freight tariffs from major carriers like CMA CGM has the potential to ripple through domestic prices.

NIMASA and the Federal Ministry of Marine and Blue Economy may also wish to engage shipping lines on transparency around surcharge justifications, particularly as the country pushes to deepen its blue economy agenda and reduce the cost of doing maritime business in Nigerian waters.

Waterways News | waterwaysnews.ng

Facebook Comments Box
Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

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

Business

NIMASA to Launch Mandatory Registration Portal to Curb Foreign Takeover of Nigerian Shipping Agents Business

Published

on

NIMASA to Launch Mandatory Registration Portal to Curb Foreign Takeover of Nigerian Shipping Agents Business

By Okeoghene Onoriobe, Waterways News Correspondent, Lagos

The Nigerian Maritime Administration and Safety Agency (NIMASA) has announced plans to establish a dedicated Shipping Business and Registration Unit at the Federal Ministry of Marine and Blue Economy, as part of measures to end the growing foreign encroachment into shipping agency operations — a sector long reserved for Nigerian indigenes.

NIMASA Director-General, Dr. Dayo Mobereola, disclosed this during a stakeholders’ engagement meeting organised by the Ministry in Lagos on Thursday.

Advertisement

Dr. Mobereola said the agency had observed with grave concern the increasing penetration of foreigners into aspects of ports and shipping business that are exclusively meant for Nigerian operators, including shipping agency and freight forwarding services — sectors where indigenous practitioners have long raised alarm.

“We need to establish a mandatory registration and licensing portal for Nigerian shipping agents. They would be the only ones with the rights to operate in the Nigerian shipping industry,” the NIMASA boss declared.

He added that the agency had also uncovered a troubling pattern where foreign nationals were registering companies through Nigerian fronts to circumvent existing rules.

“We noticed that these foreigners are registering companies with the assistance of Nigerians. The purpose here is to eliminate such acts and help us develop the Nigerian shipping sector — most importantly the shipping agents sector — to make it more economically friendly and create jobs for Nigerians,” he said.

Dr. Mobereola confirmed that the new department would be established soon, pending approval from the Honourable Minister of Marine and Blue Economy.

Advertisement

The proposed unit is expected to bring structure and legal clarity to a space that industry stakeholders say has been undermined for years by the activities of foreign interests — often operating covertly through proxy arrangements with local collaborators.

Waterways News gathered that the move has been broadly welcomed by indigenous shipping practitioners who have consistently called on regulatory authorities to enforce indigenisation policies in the maritime sector.


Waterways News — Nigeria’s Foremost Maritime Industry Publication | www.waterwaysnews.ng

Facebook Comments Box
Advertisement
Continue Reading

Blue Economy

NPA Boss: Port Concession Renewal Delayed for Thorough Review, Not Negligence

Published

on

NPA BOSS: PORT CONCESSION RENEWALS DELAYED FOR THOROUGH REVIEW, NOT NEGLIGENCE

Dantsoho says flawed agreements could create bigger problems; urges ICD operators to adapt to changing market realities

By Okeoghene Onoriobe | Waterways News Correspondent, Lagos

The Nigerian Ports Authority (NPA) has broken its silence on the prolonged delay in renewing seaport concession agreements, attributing the hold-up to an ongoing comprehensive review designed to strengthen contractual frameworks and shore up investor confidence.
Speaking to maritime journalists in Lagos, NPA Managing Director Abubakar Dantsoho said the Federal Government is deliberately prioritising the correction of structural deficiencies in existing agreements before any renewals are approved — a signal that the administration is unwilling to repeat the contractual pitfalls that have dogged Nigeria’s port sector for nearly two decades.

Advertisement

Background: Contracts Running Out
Nigeria’s seaports were handed over to private terminal operators in 2006 under the administration of former President Olusegun Obasanjo, with concession agreements ranging between 10 and 25 years. With many of those contracts now expired or expiring, uncertainty has deepened across the terminal operating community, with concessionaires growing increasingly anxious over the absence of fresh agreements.

Get It Right” — Dantsoho
Dantsoho acknowledged the frustrations of terminal operators but held firm that quality must take precedence over speed. Both the NPA and concessionaires, he said, have identified unmet obligations on various sides — issues that must be resolved upfront to prevent costly disputes down the line.
“The focus is to get it right. A flawed agreement could create bigger problems later, while a well-structured one will provide long-term stability,” the NPA chief stated.
He also pushed back against the notion that slow processing undermines investor appeal, arguing that serious investors value legal clarity and contractual certainty far more than the pace of execution. A rigorous review, he noted, could even attract fresh investors should any existing operators choose not to renew.

See also  NDLEA Busts Major Cocaine Smuggling Operation, Arrests 22 Crew Members at Apapa Port

ICD Operators Told to Restrategise
On the question of inland container depots (ICDs) and bonded terminals, Dantsoho issued a pointed advisory: adapt or risk irrelevance. He noted that while such facilities were critical pressure valves during periods of severe port congestion, the progressive easing of gridlock at Nigeria’s major ports has begun to erode the commercial rationale for their current operating models. Operators, he warned, must restrategise to remain competitive in a shifting maritime landscape.

NIGERIA WATCH: What this means for terminal operators, freight forwarders, and port stakeholders
The NPA’s position on concession renewals has far-reaching implications for virtually every layer of Nigeria’s maritime supply chain.
For terminal operators at Apapa, Tin Can Island, and the emerging Lekki Deep Sea Port, the delay introduces commercial uncertainty — investment decisions on equipment, berth upgrades, and staffing are difficult to commit to without clarity on tenure. Some operators are believed to be operating on tacit month-to-month arrangements, a situation that discourages capital expenditure.
For freight forwarders and shippers, stability of terminal operations directly affects cargo handling efficiency, tariff predictability, and turnaround times. Protracted uncertainty at the operator level has a downstream effect on the cost of doing business through Nigerian ports.
The NPA’s hint that new investors could enter if existing concessionaires step aside is significant. It opens the door to fresh capital and potentially more competitive terminal management — but only if the review produces the legally watertight agreements Dantsoho is promising.
On ICDs and bonded terminals, the warning is clear: the congestion-driven business model of the past is fading. As the NPA and the Nigerian Shippers’ Council (NSC) continue to push efficiency reforms, facilities that once thrived on cargo diversion and storage overflow must find new value propositions — whether in last-mile logistics, warehousing, or value-added trade facilitation services.
The Federal Ministry of Marine and Blue Economy and NIMASA will also be watching closely, as the outcome of the concession review will set the template for how Nigeria manages its blue economy assets going forward — and whether the country can finally position its ports as competitive gateways in the West African sub-region.

Advertisement
Facebook Comments Box
Continue Reading

Blue Economy

NSW Opens Apapa Support Centre as Digital Trade Platform Goes Live

Published

on

NSW Opens Apapa Support Centre as Digital Trade Platform Goes Live

By Emetena Ikuku, Waterways News Correspondent

LAGOS — The management of Nigeria’s National Single Window (NSW) has established a dedicated stakeholder support centre at 34 Wharf Road, Apapa, following the go-live of the country’s long-awaited digital trade facilitation platform last Friday.

The NSW platform — a Federal Government initiative to consolidate all port-related documentation and regulatory processes into a single digital environment — launched formally earlier in the week before transitioning to full commercial operations days later, marking a significant shift from pilot-phase testing to live deployment.

Advertisement

Support Centre Targets Smooth Onboarding
The Apapa facility is designed to assist port operators, freight forwarders, customs agents and other stakeholders encountering difficulties navigating the new system. Its location on Wharf Road, at the heart of Nigeria’s busiest port corridor, is intended to ensure ease of access for users operating within the Apapa axis.
Beyond physical walk-in support, the NSW management has activated a multi-channel helpdesk offering assistance via telephone, WhatsApp and email to address operational issues and resolve platform inquiries.
Management urged stakeholders to utilise the available support services, noting that effective onboarding is central to realising the platform’s full trade facilitation potential.

Platform Aims to Cut Cargo Dwell Time
The NSW is engineered to eliminate manual documentation bottlenecks by integrating all port clearance, regulatory and compliance processes under one digital roof. Authorities say full deployment is expected to reduce the cost of doing business at Nigerian ports and accelerate cargo throughput — objectives that have long ranked among the priorities of the Federal Ministry of Marine and Blue Economy.

See also  Boat Capsizes in Zamfara: 13 Dead, 22 Missing as Residents Flee Bandit Attack

Nigeria Watch
The go-live of the National Single Window carries direct implications for operators across the Nigerian port ecosystem. At Apapa and Tin Can Island — where manual documentation cycles and fragmented agency interactions have historically inflated cargo dwell times — the platform’s ability to centralise clearance processes could offer meaningful efficiency gains for importers, freight forwarders and terminal operators alike.
For the Nigerian Ports Authority (NPA) and the Nigerian Shippers’ Council (NSC), seamless NSW adoption among port users will be a key indicator of whether the digital trade agenda translates into measurable reductions in port congestion and logistics costs. NIMASA, whose regulatory mandate intersects with vessel and cargo documentation, will also have a stake in the platform’s integration architecture.
Freight forwarding associations and licensed customs agents — many of whom remain accustomed to manual and semi-manual clearance pathways — will likely represent the largest onboarding challenge. The placement of the support centre on Wharf Road, rather than at a government ministry or agency complex, signals a deliberate effort to meet practitioners where they operate.
The NSW’s full commercialisation also arrives against the backdrop of broader port reform efforts, including ongoing concession reviews and the Federal Government’s push to position Nigerian ports as competitive West African trade hubs. Whether the platform achieves critical mass adoption in its early weeks will depend heavily on the responsiveness of the helpdesk infrastructure now being put to the test.

Waterways News | Lagos

Advertisement
Facebook Comments Box
Continue Reading

Trending

Copyright © 2026