• About Us
  • Contact Us
  • Privacy & Policy
Tuesday, September 16, 2025
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
Advertisement
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
No Result
View All Result

PTML Nigeria Emerges Key Logistics Hub for Chinese Vehicles Bound for Europe

Vincent Amadi by Vincent Amadi
August 14, 2024
in Economy
Reading Time: 3 mins read
A A
0
PTML Nigeria Emerges Key Logistics Hub for Chinese Vehicles Bound for Europe
Share on FacebookShare on TwitterShare on WhatsappShare on EmailShare on Telegram


Ports & Terminal Multiservices Ltd. (PTML) Nigeria, the largest roll-on roll-off multipurpose (RoRo) port terminal in West Africa, has emerged as a key logistics hub for the transshipment of Chinese vehicles bound for Europe.
The new vehicles, loaded in China, were destined for ports in Europe and other African countries from the PTML terminal at Tin Can Island Port, Lagos.
This historic achievement began in July when the port welcomed a Grimaldi-class vessel named Grande Houston. The vessel arrived at Tin Can Island Port to tranship about 5,489 new vehicles that were loaded in China and destined for ports across Europe and Africa.
This is the first time that such a large number of new vehicles will be unloaded from a single vessel at a West African port, marking a significant milestone for the Nigerian port industry.


PTML Nigeria Managing Director, Ascanio Russo, said the successful operation has made PTML and the Port of Lagos a major logistics platform for the global automotive industry, at par with established international port centres in Asia and Europe. He said the success was due to the terminal’s operational excellence, security, and high-tech infrastructure.
“PTML’s selection by Grimaldi as a transshipment hub highlights the terminal’s operational excellence and security. The terminal’s first-class infrastructure, the modern equipment, and the expertise of its staff were critical elements that convinced the Chinese car manufacturers and the Italian shipowner to use PTML as a hub.
“The decision to pick Lagos for these complex logistics operations is also a testament to the efforts of the Nigerian Port Authority (NPA) in developing Lagos as a premier port hub, not only for containers but also for vehicles, trucks, plants, and other rollable cargo. He said the successful launch of Grande Houston paves the way for Grimaldi to launch new direct RO/RO services between China and Nigeria.


“For the first time, China and Nigeria will be connected by a dedicated Ro/Ro service, offering a fast and efficient route for all importers of rollable cargo, including cars, vans, trucks, and plants. This dedicated service is much faster than any existing container and general cargo vessel with a transit time between Shanghai and Lagos of less than 25 days and it is the only ro/ro service from China. The next Grimaldi vessel from China – MV Viking Queen – is expected to arrive at PTML on 25th September, followed by the MV Great Abidjan on 20th October,” he said.
The introduction of direct Ro/Ro service between China and Nigeria is the first in the history of both countries and will represent a new era of maritime logistics for Nigeria by providing a simpler and safer service. It will provide cheaper access to Chinese cars, trucks, factories, and equipment. Ro/Ro shipping is known for its efficiency and cost-effectiveness, especially in the transportation of vehicles and other mobile goods. It allows for a faster loading and unloading process, reduces the risk of damage, and is generally more environmentally friendly than container or general cargo shipping.
Direct Ro/Ro services from China are expected to enable more efficient trade routes and reduce transportation costs, thereby lowering import costs and boosting Nigeria’s economic growth. This will position PTML and the Port of Lagos as major players in the global automotive supply chain, strengthening Nigeria’s role in international trade. This historic achievement is a testament to PTML’s efficiency and capability, with all vehicles being unloaded within three days and trans-shipped to ships bound for various ports in Europe and other African countries within one week.

Tags: business
Vincent Amadi

Vincent Amadi

Related Posts

IMF, World Bank, puppeteers behind Nigeria’s full fuel subsidy removal – Falana
Economy

IMF, World Bank, puppeteers behind Nigeria’s full fuel subsidy removal – Falana

1 day ago
Dangote Refinery Begins Distribution of Petrol Nationwide
Economy

Dangote Refinery begins nationwide distribution of petrol

1 day ago
Dangote Refinery Petrol Price Drops as Direct Fuel Distribution Begins September 15
Economy

Dangote Refinery Petrol Price Drops as Direct Fuel Distribution Begins September 15

4 days ago
Manufacturing and agric sectors decline threaten Nigeria’s industrialisation
Economy

Manufacturing and agric sectors decline threaten Nigeria’s industrialisation

3 weeks ago

Leave a Reply Cancel reply

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

I agree to the Terms & Conditions and Privacy Policy.

NATIONS NEWS

Only Senate Can Decide Natasha Akpoti-Uduaghan’s Resumption- CLERK
National

Only Senate Can Decide Natasha Akpoti-Uduaghan’s Resumption- CLERK

11 hours ago
Nigeria risks civil war if corrupt judge is appointed INEC chairman – Buba Galadima
National

Nigeria risks civil war if corrupt judge is appointed INEC chairman – Buba Galadima

11 hours ago
SSANU, NASU give FG seven-day strike notice over unmet demands
National

SSANU, NASU give FG seven-day strike notice over unmet demands

11 hours ago
2027: New applications for political parties’ registration now at 144 — INEC
National

INEC: 4.44m register online, 509,929 complete physical registration in ongoing CVR

11 hours ago
Nigerian Parents Struggle With School Fees as Inflation Rises
National

Nigerian Parents Struggle With School Fees as Inflation Rises

1 day ago
New Taxes: Nigerians Cannot Pay While Leaders Waste Public Funds-Kingsley Moghalu
National

New Taxes: Nigerians Cannot Pay While Leaders Waste Public Funds-Kingsley Moghalu

1 day ago

POLITICS

2027: We won’t condone members with ulterior motives – ADC

2027: We won’t condone members with ulterior motives – ADC

2 days ago
Peter Obi, El-Rufai Granted Waiver Ahead 2027 Election

10,000 APC, PDP members defect to ADC in Benue

2 days ago
I will break second term jinx in Ekiti – Gov Oyebanji

I will break second term jinx in Ekiti – Gov Oyebanji

5 days ago
Peter Obi Can Return to PDP Without Wike Obstruction – Jacob Mark

Oyo PDP blasts APC protest over Makinde’s N300bn loan approval

7 days ago
More governors set to defect to APC – Yilwatda

More governors set to defect to APC – Yilwatda

7 days ago
Peter Obi, El-Rufai Granted Waiver Ahead 2027 Election

Update: ADC sets up disciplinary committee to resolve Abia leadership crisis

1 week ago

YOUR ECONOMY

IMF, World Bank, puppeteers behind Nigeria’s full fuel subsidy removal – Falana
Economy

IMF, World Bank, puppeteers behind Nigeria’s full fuel subsidy removal – Falana

1 day ago
Dangote Refinery Begins Distribution of Petrol Nationwide
Economy

Dangote Refinery begins nationwide distribution of petrol

1 day ago
Dangote Refinery Petrol Price Drops as Direct Fuel Distribution Begins September 15
Economy

Dangote Refinery Petrol Price Drops as Direct Fuel Distribution Begins September 15

4 days ago
Manufacturing and agric sectors decline threaten Nigeria’s industrialisation
Economy

Manufacturing and agric sectors decline threaten Nigeria’s industrialisation

3 weeks ago
FG launches initiative to cut overhead cost
Economy

FG launches initiative to cut overhead cost

4 weeks ago
Grant tax relief to media houses —Ex-NNPCL spokesman tells FG
Economy

Grant tax relief to media houses —Ex-NNPCL spokesman tells FG

4 weeks ago

E & P

Paul Scholes Defends Amorim’s System, Slams Manchester United Recruitment System
Sports

Paul Scholes Defends Amorim’s System, Slams Manchester United Recruitment System

by Steven Atogi
11 hours ago
0

Poor Recruitment, Not Amorim’s Tactics, at Fault Manchester United legend Paul Scholes defends manager Ruben Amorim’s system despite the club’s...

Lookman Wins Atalanta Player of the Month of September 2024

Siasia to Chelle: Rely on Lookman, Arokodare

1 week ago
Chelsea Push £78m Fermin Lopez Transfer Bid

Chelsea Push £78m Fermin Lopez Transfer Bid

3 weeks ago
The Rise And Fall Of Sports Institute, Isaka

The Rise And Fall Of Sports Institute, Isaka

3 weeks ago
KTF Launches Free Youth Tennis Clinic in Port Harcourt

KTF Launches Free Youth Tennis Clinic in Port Harcourt

4 weeks ago
‘It’s a shame’ – Ex-Newcastle striker, Andy Carroll blasts Isak over transfer move

‘It’s a shame’ – Ex-Newcastle striker, Andy Carroll blasts Isak over transfer move

1 month ago

YOUR THOUGHT & HISTORY

HOW MR EAZI, OTEDOLA’S SON-IN-LAW, BUILT AN 18-COUNTRY EMPIRE
Opinion

HOW MR EAZI, OTEDOLA’S SON-IN-LAW, BUILT AN 18-COUNTRY EMPIRE

by Odini Brains
1 week ago
Mr Eazi and Temi Otedola: A Love Story That Traveled Three Continents
National

Mr Eazi and Temi Otedola: A Love Story That Traveled Three Continents

by Odini Brains
1 week ago
The Rise And Fall Of Sports Institute, Isaka
Columns

The Rise And Fall Of Sports Institute, Isaka

by Tammy Opoki
3 weeks ago
Tribute to Old Port Harcourt Boy (Peter Rufai)
Columns

Tribute to Old Port Harcourt Boy (Peter Rufai)

by Tammy Opoki
2 months ago
A Democracy Strained: Buhari’s Human Rights Record and the Repression of Dissent
Columns

A Democracy Strained: Buhari’s Human Rights Record and the Repression of Dissent

by Odini Brains
2 months ago

Who we are

Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history

Welcome to Umpire News, your go-to online newspaper dedicated to broadening perspectives and expanding the horizons of our numerous readers. Read more

Browse by Category

  • Columns
  • Economy
  • Editorial
  • Entertainment
  • International
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Trends

Recent News

Only Senate Can Decide Natasha Akpoti-Uduaghan’s Resumption- CLERK

Only Senate Can Decide Natasha Akpoti-Uduaghan’s Resumption- CLERK

September 16, 2025
Paul Scholes Defends Amorim’s System, Slams Manchester United Recruitment System

Paul Scholes Defends Amorim’s System, Slams Manchester United Recruitment System

September 16, 2025
  • About Us
  • Contact Us
  • Privacy & Policy

© 2024 Copyright Umpirenews. All rights reserved

No Result
View All Result
  • Home
  • National
  • Economy
  • Politics
  • Sports
  • Entertainment
  • Editorial
  • Opinion
  • Columns

© 2024 Copyright Umpirenews. All rights reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

🤑Join & Get Our Easter Gifts 🤑

Enter your NAME & Email NOW!!

Be among the 1st 100 lucky WINNERS to win our Amazing GIFTs this Easter Period as you READ our Daily hot NEWs & make meaningful comments and follow us on our social media handles.

Name
Enter your email address