- Congestion and berthing delays down compared to first half of 2015
- Consistent overall improvements in average reliability on both Europe and
Asian trades into African ports between July and December in SeaIntel’s
Global Liner Performance Report, compared with the first six months of 2015.
- Significant escalation by carriers in cascading larger tonnage into Africa trades
- Lines commence sailing around Africa on some East-West trades trading off
lower bunker prices versus Panama and Suez passage fees
- Port expansions planned for Lagos, Durban, Lamu and Bagamoyo delayed or
- Senior Management of Port Authorities of Kenya and Tanzania replaced;
tender for second container terminal in Mombasa suspended
Dubai, United Arab Emirates, 19 January 2016: Global marine terminal operator DP World announces that it has been granted a 25 year concession to develop and operate a new logistics centre in Kigali, Rwanda.
Addressing the US-Liberia Trade & Investment Forum in New York City, APM Terminals Liberia Managing Director George Adjei points to a 30% increase in import container traffic at Liberia’s largest port as a reason for great confidence in Liberian investment.
On Wednesday 16th September, under the patronage of His Excellency the President of the Republic, the Hon. Ernest Bai Koroma, an Official Ceremony has been held for the signature, by Bolloré Africa Logistics and the Port Authorities, of the Port of Freetown container terminal extension project.
A consortium of French and Chinese developers has been awarded the concession to operate Cameroon’s 1.4 million TEU Kribi container terminal.
Growing co-operation between terminal operators is driving change for the West African port sector and spurring investment in new infrastructure, according to the International Transport Forum (ITF).
Danish terminal operators APM Terminals’ investment of over $350 million in its Apapa Container Terminal in Lagos, Nigeria has created “one of the most modern and efficient terminals in Africa” according to comments from APM Terminals country manager David Skov.
Lack of infrastructure and long ship waiting times continue to impact productivity for the African container sector but a wave of new investments look set to drive growth over the medium term, according to recently published data from research consultancy SeaIntel.
Construction firm China Harbour Engineering Company (CHEC) has commenced ground operations at Ghana’s $1 billion Atuabo Free Port project ahead of major building work starting in the fourth quarter this year.