Ports and Cargo Handling Services Limited (PCHSL), a subsidiary of SIFAX Group, has attributed its operational rebound in 2025 to a strategic decision to refocus its business primarily on general cargo and break-bulk handling.
The improved performance followed a strategic repositioning after a challenging 2024, during which the terminal lost some high-profile clients, leading to a decline in cargo volumes and earnings. In response, the company streamlined its operations and redirected its focus to general cargo and break-bulk services, a move that stabilised the business and opened a new growth trajectory.
According to the Managing Director of Ports and Cargo Handling Services Limited, Mr John Jenkins, the restructuring of the company’s stevedoring operations played a significant role in the recovery process.
“Our 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 following a change in service provider,” Jenkins said.
He added that the company also invested in critical equipment, including forklifts and spare parts, while rebalancing its workforce to strengthen operational efficiency.
“We filled key operational roles with competent hands to enhance service delivery and support higher cargo volumes,” he noted.
Looking ahead, the company has projected significant revenue growth, with general cargo expected to account for the largest share. This outlook is supported by rising volumes of steel, vehicles and palletised cargo, as well as increased import flows from Asia into Nigeria.
To sustain growth and manage anticipated increases in business volume, Ports and Cargo Handling Services Limited has outlined a capital expenditure plan for 2026. The plan includes investments in crane upgrades, acquisition of additional forklifts and terminal trucks.
Management said the investments would help ease capacity constraints, reduce reliance on hired equipment and maintain operational efficiency.
While acknowledging ongoing challenges such as space limitations and volatility in container shipping services, the company expressed confidence in its outlook for 2026.
“The lessons learned in 2025 have strengthened our approach to cost control, customer engagement and operational execution. With demand no longer our primary constraint, our focus in 2026 is on efficient execution, handling higher cargo volumes while protecting margins and sustaining profitability,” Jenkins said.
Ports and Cargo Handling Services Limited operates within SIFAX Group’s port and logistics portfolio, providing specialised cargo handling solutions in Nigeria’s maritime sector.
