maritime infrastructure

• The Agreement: MSC has finalized a concession agreement lasting 45 years. This deal allows the shipping giant to invest in, build, and manage a dedicated container facility within the Snake Island Integrated Free Zone (SIIFZ) in Lagos.
• Strategic Location: Snake Island is positioned as a critical alternative to the congested traditional Lagos ports of Apapa and Tin Can Island.

Background
Dutch government and port authorities are exploring additional expansion options for Maasvlakte — a major deep‑water extension of the Port of Rotterdam that accommodates global container and cargo traffic. The port has limited space for future growth and competition from other European ports continues to rise.