SIFAX Marine Targets Asset-Led Progress in 2026

…Positions for Stronger Participation within the Oil and Gasoline Market

SIFAX Marine Companies Restricted has introduced a far-reaching enlargement technique for 2026 geared toward driving asset-led progress and repositioning the corporate as a stronger contender in Nigeria’s offshore and oil and fuel marine providers market.

Based on Afolabi Olayinka, Government Director of SIFAX Marine, the plan marks a decisive shift from income progress pushed primarily by charge will increase to a extra sustainable and scalable mannequin constructed on vessel possession and fleet enlargement.

He mentioned: “Our expertise over the previous yr has made one factor very clear, sustainable and exponential progress will solely come from deliberate funding in marine belongings that we personal and management. Whereas charge changes supported income efficiency within the final monetary yr, the way forward for SIFAX Marine lies in constructing a robust owned fleet that offers us capability, resilience, and long-term aggressive benefit.”

To translate this imaginative and prescient into motion, SIFAX Marine plans to amass further sea-going barges, creek vessels, and offshore help vessels. These belongings are anticipated to considerably increase operational capability, deepen market attain, and unlock higher-value contracts, significantly inside the oil and fuel sector.

By increasing its owned fleet, SIFAX Marine goals to retain extra worth inside the enterprise whereas providing shoppers higher consistency, responsiveness, and certainty in service supply.

A central pillar of the 2026 technique is elevated participation in oil and fuel tasks. The corporate plans to amass vessel varieties required for greater regulatory categorization, enabling it to entry extra alternatives on business tender platforms and enhance its prequalification prospects with main operators.

“Asset enlargement is not only about progress, it’s about readiness,” Olayinka defined. “Our focus is to make sure that SIFAX Marine is correctly outfitted to reply swiftly to market demand, particularly in offshore help and oil and fuel marine providers the place capability, compliance, and reliability are important.”

This regulatory readiness drive is anticipated to place the corporate for technically demanding and higher-margin offshore contracts which have historically been out of attain for operators with out adequate owned belongings and compliance credentials.

Past vessel acquisition, SIFAX Marine can be exploring strategic partnerships and joint ventures to speed up market entry and scale operations sooner. As well as, the corporate is contemplating enlargement into vessel administration and different complementary providers that help offshore operations, additional strengthening its worth proposition as a full-spectrum marine providers supplier.

About SIFAX Marine Companies Restricted
SIFAX Marine Companies Restricted is a number one supplier of marine logistics and offshore help providers in Nigeria, serving ports, terminals, and oil and fuel operations throughout the nation’s coastal and inland waterways.

Media Contact:
Olumuyiwa Akande
Head, Company Communications
olumuyiwaak@sifaxgroup.com