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
Views 1484 Downloads 77
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.
Chioma Yingigba Jaja (2011): “Freight traffic at Nigerian seaports; problem and Prospect”. Medwell Journals. Vol. 6 (1), 250-258, 2012. Retrieved online: http://www.medwelljournals.com/fulltext/?doi=sscience. 2011.250.258.
Ogunsiji, A. S. & Ogunsiji, O. O. (2010). Consummate precision of strategic management approach on transport logistics and physical distribution for port performance efficiency: A case study of Nigerian Ports. Journal of Emerging Trends in Economics and Management Sciences, 1 (2), 96-101.
Ogunsiji, A. S. & Ogunsiji, O. O. (2011). Comparative ports efficiency measurement in developing nations: A matching framework analysis (MFA) approach. European Journal of Social Sciences, 18 (4), 625-631.
Nwoloziri, C. (2007): Effects of Port Concession on Labour Force of Nigerian Ports Authority. An Unpublished Project presented to the Department of Maritime Management Technology, F. U. T Owerri.
Ndikom, O. B, (2006): The Essentials of Port Reforms: The Nigerian Experience. Lagos: Bunmico Publishers.
Tsvetkov A. (2010): Strategy for the development of the transport infrastructure of the Republic of Bulgaria through Concession mechanisms. Bulgarian Minister of Transport, Information, Technology and Communication. Retrieved from: http://www.traceca-org.org/fileadmin/fm- Presentation_Concessions_0310_en.pdf.
Oghojafor B. E. A, Kuye O. L and Alaneme G. C (2012): Concession as a Strategic Tool for Ports Efficiency: An Assessment of the Nigerian Ports. American Journal of Business and Management Vol. 1, No. 4, 2012, 214-222.
Leighland, J and Palsson, G. (2007): Washington, DC: Public Private Infrastructure Advisory Facility.
De Monie, G, (1994): Mission and Role of Port authorities; Processing of the world port privatization conference, London.
Akinwale, A. A. & Aremo, M. O. (2010): Concession as a catalyst for crisis management in Nigerian Ports. The African Symposium: Journal of African Educational Research Network, 10 (2), 117-126.
Okeudo G. N (2013): Effect of Port Reform on Cargo Throughput Level at Onne Seaport Nigeria. A Comparative Study Before and After Reform Policy Implementation. Journal of Business and Management (IOSR-JBM) e-ISSN: 2278-487X, p-ISSN: 2319-7668. Volume 12, Issue 1 (Jul. - Aug. 2013), PP 71-78. Retrieved from www.iosrjournals.org.
Victor O, Ikechukwu A., Obioma R, Callistus C., and David A. (2015): Infrastructure Financing and Management: The Impact of Concession on the Operations and Performance of Nigerian Seaports. Journal of Behavioural Economics, Finance, Entrepreneurship, Accounting and Transport, 2015, Vol. 3, No. 2, 65-70. Available online at http://pubs.sciepub.com/jbe/3/2/1.
Prakash, G. (2005): Port Planning as a Strategic Tool: A Typology; Institute of Transport and Maritime Management Antwerp.
De Monie, G. (1987): Measuring and Evaluating Port Performance and Productivity,-UNTAD Monograph on port management no. 6 and The International Association of Ports and Harbour (IAPH).
De Langen, P. W, Nijdam, M. H. and Van der Horst, M. (2006): New Indicators to Measure Port Performance, proceedings of the IAME conference, July 12-14, Melorne, Australia.
Filani, O. (2008): Maritime Productivity Today. Journal of Transport Studies. Vol 3 (1).
The Nigerian Voice (2011): Five years after ports concessioning, stakeholders raise fresh concerns. Retrieved from: http://www.thenigerianvoice.com/nvnews/51349/1/fiveyears- after-ports-concessioning- stakeholders-.html.
Ehbenine, O. A, (2009): Impact of Port Privatization and Concessioning and the future of Nigerian ports.
Okeudo, G. N. (2013): Measurement of Efficiency Level in Nigerian Seaport after Reform Policy Implementation. Case Study of Onne and Rivers Seaport, Nigeria. Journal of Business and Management (IOSR-JBM) e-ISSN: 2278-487X, p-ISSN: 2319-7668. Volume 12, Issue 5 (Jul. - Aug. 2013), PP 46-55. Retrieved from www.iosrjournals.org.
Trujillo, L. & Nombella, G. (1999): Privatization and regulation of the seaport industry. Policy Research Working Paper 2181. Washington D. C. The World Bank.
Onyema, H. K, Ahmodu K and Emeghara, G. C. (2015): Comparative Analysis of Port Performance in Nigeria: A Study of Ports in Rivers State International Journal of Business and Management (pg 100-107). Retrieved from www.theijbm.com. on Dec. 24, 2017.