Bamanga Tukur – NIGERIA’S TOP 10 MARITIME MAGNATES

Alh. Bamanga Tukur  is chairman, Daddo Maritime Service Ltd, a member of his Daddo Group of companies. His development work in the maritime industry dates back to 1981, when he took up the challenge of pioneering the provision of indigenous ship and tanker agency services in Nigeria by incorporating Daddo Maritime Services Limited.

The company has since established itself as a major tanker agency services provider in the country, the outstanding performance of which soon prompted vertical and horizontal expansions.  Other companies subsequently came on board, which were consolidation into a group, also expanding into other countries in the African continent and beyond.

The group’s operations in the maritime industry are carried our through a number of subsidiaries. These include Daddo Maritime Services, which is reputed as one of the leading tanker agency services provider in Africa. Tukur took one of the earliest steps in local participation in the business with the establishment of the company in an industry dominated by foreign multinational conglomerates

The company presents a major force in the development of the maritime sector with a significant market share to show for its role. It controls a significant portion of the tanker agency services business in Nigeria with regional outreach offices in Ghana, Togo, Benin Republic and Cote D’Ivoire. The company also provides a wide range of services to the oil and gas sector and serves as a vital link between cargo owners, shippers, charterers and recipients.

Other services include anchoring, tugboat service, customs transit bond services, stuffing and un-stuffing trucks, boats to sea, customs clearance, mooring and security services. The company has invested substantially in state of the art information technology and communication infrastructure with which it provides port data services.

The port data services are based on an integrated database system that provides details of all the sea ports in the world. This includes port details like coordinates, channel and jetty drafts, tide tables, distance from fairway buoy and other useful details that are made available at the click of a button.

The company also offers tanker position information with a detailed log of port events to help clients monitor vessels operating in West Africa. The tanker port position contains details of operations in all refineries, offshore and onshore installations in Nigeria and other West African ports. The company is developing a system that will track vessels’ operations globally.

Daddo Shipping Ltd, another subsidiary of Daddo Group, is a major provider of petroleum shipping services in the West African region. Its core business is provision of petroleum logistics. It operates a fleet of tankers that gives it adequate capacity to deliver high standard of services to its customers.

The company has drawn up short-, medium- and long-term interrelated phases of development with a corporate purpose of becoming a leading logistics solutions provider to the petroleum Industry in West Africa. Its desire is to set the future technical and commercial standards for the industry with quality of service as the cornerstone. To achieve this objective, it has put a renowned ship management company with a global presence in charge of managing its tankers.
Daddo Group provides maritime consultancy services through its Bonny Chartering Ltd – a subsidiary that was set up in 1993. The company provides professional brokerage and marine related consultancy services to the Nigerian shipping Industry. It offers ship broking services, tanker voyage charter, spot or time charters of tankers and gas carriers as well as sale and purchase of different vessel types, including second hand tankers and gas carriers.

Its services are targeted at indigenous and international ship owners and charterers, maritime organizations, institutions and companies that depend heavily on maritime transport services. It carries out surveys and inspection services for damage assessment and cargo claims for P&I Clubs, pre- charter and pre-purchase inspections for charterers and buyers.

Bonny Chartering also offers a wide range of ship brokerage and consulting services to international oil, marine and oil trading clients who are active in the cross West African trade. Bonny Chartering are also the commercial operators of all tankers in the Daddo shipping fleet and also offers commercial management services to other ship owners in the region.

Shipping and Terminal Logistics Limited, another member of Daddo Group, provides customer focused services in finance, human resources, project management and business support. It deploys skills and expertise and harnesses resources to provide the required business support while exploring new initiatives to enhance efficiency and productivity required in delivering corporate goals. Its primary task is to assist clients to become competitive, profitable and sustainable.

Tukur has designed Daddo Group’s operating structure with a view to streamline value added services into the various business units, maximize service efficiency, harness synergies and comparative advantages and develop local capacity in the maritime industry.

Daddo Group has also contributed to the maritime industry development through its quarterly industry report, which is a data and intelligence tool that provides industry shipping and product movement analysis, estimations and an assessment of the local markets, trends and variables that may impact positively or negatively on the entire sector. The report enables the maritime industry operators to assess risks and opportunities, develop effective business strategies, identify possibilities of growth and development, evaluate their positions in the industry and develop new tactics.