Location
Nigeria / Africa
Project record
MSC has taken a 45-year sub-concession for a new container terminal at Snake Island Port in Lagos and finalized an EPC contract with ITB Nigeria and DEME. The stated design has a 910-metre quay, a 30-hectare yard and initial dredging to -16.5 m chart datum, with provision for a later -18 m depth.
Nigeria / Africa
Deep-water ports and container terminals
MSC signed a 45-year sub-concession and finalized the ITB/DEME EPC on 11 March 2026; the reviewed project sources do not record mobilisation / Confirmed
18 July 2026
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Project anatomy
Material change register
Only source-bound events that alter phase, scope, counterparties, delivery, completion, commissioning, or acceptance are listed. A change can advance the record without proving the next gate.
The container-terminal package now has a 45-year commercial structure, named EPC parties and defined design geometry. The announcement does not establish a work start or operating date.
Read controlling sourceNPA placed the wider port development on an 85-hectare site and used a USD 1 billion development figure. No EPC value, construction programme or physical progress record was included.
Read controlling sourceThe approval established a 45-year, USD 974.19 million multipurpose-port framework for Nigerdock and SIIFZ. ICRC said projects would still proceed to commercial close before commencement.
Read controlling sourceDelivery watch
Obtain a project-specific notice to proceed or mobilisation record, then follow baseline bathymetry and geotechnical work, dredger and piling-plant assignment, environmental controls and the first accepted marine construction quantities.
This public project page is a tracked market record rather than a tender notice, contractual commitment, or commercial instruction. Use the status, confidence label, evidence-review date, and source note together when judging how much weight to place on the signal.
Read featured analysis Review methodology Submit stronger evidence or a correction Open project trackerMSC controls the 11 March 2026 sub-concession, EPC parties and the 910-metre, 30-hectare, -16.5 m and -18 m design statements. ICRC controls the 2023 federal approval, USD 974.19 million cost and broader 85-hectare multipurpose-port geometry. NPA's June 2025 review describes a USD 1 billion development agreement, while MSC says the terminal forms part of its Nigeria infrastructure and logistics investments totaling more than USD 1 billion; those statements are source-specific and are not presented as one verified contract value. SIIFZ's current history distinguishes existing port operations from the 2026 container-terminal sub-concession. The available project record contains no notice to proceed, construction mobilisation, dredging production, quay progress, accepted depth or terminal opening.
Phase: award. Evidence reviewed: 18 July 2026.