Development of Nigerian Ports for Organizational Efficiency and Faster Turnaround Times.
Vol.5 Issue 1
This paper is an attempt to determine the development of terminals for faster turnaround times in an efficient sea port. Organizational efficiency in this study is defined as the result of input divided by output. With regard to port, input may be numerous and difficult to calculate. For example: utilized space, multiple currencies and operational hours. The major determinant of efficiency is berth productivity. There are several factors to be considered in developing a port for faster turnaround times. These factors are: economic factors, technical factors, operational/administrative factors, and other determinants include the transport, the handling and the storage. Recent studies have shown that operational changes have been the most determinant factor responsible for quick turnaround times in terminals reputed for high productivity and efficiency in the world. Warri Port is chosen as a case study to evaluate the impact of private sector engagement in the development of sea ports for faster turnaround times with respect key performance indicators such as Cargo Traffic and Berth Throughout.