Developing Forecasts and Trends for Post Concession Performance of Onne Seaport: Framework for Performance Improvement
International Journal of Transportation Engineering and Technology
Volume 4, Issue 1, March 2018, Pages: 11-19
Received: Jan. 24, 2018;
Accepted: Feb. 24, 2018;
Published: Mar. 28, 2018
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Godfrey Chigozie Emeghara, Department of Maritime Management Technology, Federal University of Technology, Owerri, Nigeria
Theophilus Chinonyerem Nwokedi, Department of Maritime Management Technology, Federal University of Technology, Owerri, Nigeria
Chinyeaka Nwokodi Nwoloziri, Department of Maritime Management Technology, Federal University of Technology, Owerri, Nigeria
This paper examines the post concession performance of Onne seaport Nigeria. It obtained time series data covering a period of ten years on the performance indicators of Cargo throughput, Berth Occupancy rate and ship traffic volume of Onne seaport from the Nigerian ports Authority. The Secondary Data were collected from the Nigerian Ports Authority statistical reports for the period 2006-2015 of each performance indicator as basis for measuring sustainability and improving seaport performance. The moving average method of forecasting and trend analysis was used to analyze the collected data. It was found that there exist inconsistency in the post concession performance trend of the port and that seaport performance over the years covered in the study has not been sustained to remain high. The study recommended the development of performance benchmarks for each performance indicator as targets which port authorities and terminal operators must seek to achieve and /or exceed.
Godfrey Chigozie Emeghara,
Theophilus Chinonyerem Nwokedi,
Chinyeaka Nwokodi Nwoloziri,
Developing Forecasts and Trends for Post Concession Performance of Onne Seaport: Framework for Performance Improvement, International Journal of Transportation Engineering and Technology.
Vol. 4, No. 1,
2018, pp. 11-19.
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