Developing Forecasts and Trends for Post Concession Performance of Onne Seaport: Framework for Performance Improvement

Godfrey Chigozie Emeghara; Theophilus Chinonyerem Nwokedi; Chinyeaka Nwokodi Nwoloziri

doi:doi:10.11648/j.ijtet.20180401.12

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Developing Forecasts and Trends for Post Concession Performance of Onne Seaport: Framework for Performance Improvement

Godfrey Chigozie Emeghara, Theophilus Chinonyerem Nwokedi, Chinyeaka Nwokodi Nwoloziri

Published in International Journal of Transportation Engineering and Technology (Volume 4, Issue 1)

Received: 24 January 2018 Accepted: 24 February 2018 Published: 28 March 2018

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Abstract

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.

Published in	International Journal of Transportation Engineering and Technology (Volume 4, Issue 1)
DOI	10.11648/j.ijtet.20180401.12
Page(s)	11-19
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2018. Published by Science Publishing Group

Keywords

Forecasts, Trends, Post-Concession, Port, Performance

References

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[4]	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.
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[7]	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.
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[11]	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.
[12]	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.
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APA Style

Godfrey Chigozie Emeghara, Theophilus Chinonyerem Nwokedi, Chinyeaka Nwokodi Nwoloziri. (2018). Developing Forecasts and Trends for Post Concession Performance of Onne Seaport: Framework for Performance Improvement. International Journal of Transportation Engineering and Technology, 4(1), 11-19. https://doi.org/10.11648/j.ijtet.20180401.12

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ACS Style

Godfrey Chigozie Emeghara; Theophilus Chinonyerem Nwokedi; Chinyeaka Nwokodi Nwoloziri. Developing Forecasts and Trends for Post Concession Performance of Onne Seaport: Framework for Performance Improvement. Int. J. Transp. Eng. Technol. 2018, 4(1), 11-19. doi: 10.11648/j.ijtet.20180401.12

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AMA Style

Godfrey Chigozie Emeghara, Theophilus Chinonyerem Nwokedi, Chinyeaka Nwokodi Nwoloziri. Developing Forecasts and Trends for Post Concession Performance of Onne Seaport: Framework for Performance Improvement. Int J Transp Eng Technol. 2018;4(1):11-19. doi: 10.11648/j.ijtet.20180401.12

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@article{10.11648/j.ijtet.20180401.12,
  author = {Godfrey Chigozie Emeghara and Theophilus Chinonyerem Nwokedi and Chinyeaka Nwokodi Nwoloziri},
  title = {Developing Forecasts and Trends for Post Concession Performance of Onne Seaport: Framework for Performance Improvement},
  journal = {International Journal of Transportation Engineering and Technology},
  volume = {4},
  number = {1},
  pages = {11-19},
  doi = {10.11648/j.ijtet.20180401.12},
  url = {https://doi.org/10.11648/j.ijtet.20180401.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijtet.20180401.12},
  abstract = {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.},
 year = {2018}
}

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TY  - JOUR
T1  - Developing Forecasts and Trends for Post Concession Performance of Onne Seaport: Framework for Performance Improvement
AU  - Godfrey Chigozie Emeghara
AU  - Theophilus Chinonyerem Nwokedi
AU  - Chinyeaka Nwokodi Nwoloziri
Y1  - 2018/03/28
PY  - 2018
N1  - https://doi.org/10.11648/j.ijtet.20180401.12
DO  - 10.11648/j.ijtet.20180401.12
T2  - International Journal of Transportation Engineering and Technology
JF  - International Journal of Transportation Engineering and Technology
JO  - International Journal of Transportation Engineering and Technology
SP  - 11
EP  - 19
PB  - Science Publishing Group
SN  - 2575-1751
UR  - https://doi.org/10.11648/j.ijtet.20180401.12
AB  - 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.
VL  - 4
IS  - 1
ER  -

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Author Information

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

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Plain Text BibTeX RIS

APA Style

Godfrey Chigozie Emeghara, Theophilus Chinonyerem Nwokedi, Chinyeaka Nwokodi Nwoloziri. (2018). Developing Forecasts and Trends for Post Concession Performance of Onne Seaport: Framework for Performance Improvement. International Journal of Transportation Engineering and Technology, 4(1), 11-19. https://doi.org/10.11648/j.ijtet.20180401.12

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ACS Style

Godfrey Chigozie Emeghara; Theophilus Chinonyerem Nwokedi; Chinyeaka Nwokodi Nwoloziri. Developing Forecasts and Trends for Post Concession Performance of Onne Seaport: Framework for Performance Improvement. Int. J. Transp. Eng. Technol. 2018, 4(1), 11-19. doi: 10.11648/j.ijtet.20180401.12

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AMA Style

Godfrey Chigozie Emeghara, Theophilus Chinonyerem Nwokedi, Chinyeaka Nwokodi Nwoloziri. Developing Forecasts and Trends for Post Concession Performance of Onne Seaport: Framework for Performance Improvement. Int J Transp Eng Technol. 2018;4(1):11-19. doi: 10.11648/j.ijtet.20180401.12

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@article{10.11648/j.ijtet.20180401.12,
  author = {Godfrey Chigozie Emeghara and Theophilus Chinonyerem Nwokedi and Chinyeaka Nwokodi Nwoloziri},
  title = {Developing Forecasts and Trends for Post Concession Performance of Onne Seaport: Framework for Performance Improvement},
  journal = {International Journal of Transportation Engineering and Technology},
  volume = {4},
  number = {1},
  pages = {11-19},
  doi = {10.11648/j.ijtet.20180401.12},
  url = {https://doi.org/10.11648/j.ijtet.20180401.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijtet.20180401.12},
  abstract = {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.},
 year = {2018}
}

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TY  - JOUR
T1  - Developing Forecasts and Trends for Post Concession Performance of Onne Seaport: Framework for Performance Improvement
AU  - Godfrey Chigozie Emeghara
AU  - Theophilus Chinonyerem Nwokedi
AU  - Chinyeaka Nwokodi Nwoloziri
Y1  - 2018/03/28
PY  - 2018
N1  - https://doi.org/10.11648/j.ijtet.20180401.12
DO  - 10.11648/j.ijtet.20180401.12
T2  - International Journal of Transportation Engineering and Technology
JF  - International Journal of Transportation Engineering and Technology
JO  - International Journal of Transportation Engineering and Technology
SP  - 11
EP  - 19
PB  - Science Publishing Group
SN  - 2575-1751
UR  - https://doi.org/10.11648/j.ijtet.20180401.12
AB  - 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.
VL  - 4
IS  - 1
ER  -

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