The director of the Ghana Ports and Harbours Authority (GPHA) has called for banks to pool resources in order to raise necessary finance for high-yield port infrastructure projects in the country.
Shipment volumes at the Tangier Med Port in Morocco rose 17% in 2014 reach 41.67 million tonnes year on year (y-o-y), the Tangier Med Port Authority (TMPA) said in a statement.
The World Bank is preparing to finance $1.2 billion in port development projects for East African Community (EAC) states in a bid to improve transport infrastructure and inland waterways.
French shipping line CMA CGM has announced the expansion of its ASEA service between Asia and East Africa with the launch of two new services, ASEA Kenya and ASEA Tanzania, to replace the previous single East African service.
The Port of Tema in southeastern Ghana, has secured funding for a $1.5 billion expansion, the country’s official news agency reports.
The threat of piracy to the safety of ships’ crew and to growth in world trade remains serious. It is, therefore, important that shipowners/operators, national governments, port state control bodies and other maritime authorities do whatever is necessary to ensure the global shipping industry is safe and secure.
Dube TradePort in South Africa has been designated a special economic zone (SEZ) by President Jacob Zuma in abid to attract further investment to teh fast growing precint.
The Douala International Terminal (DIT) has officially inaugurated four new rubber-tyred gantry (RTG) cranes. Its mother company Bolloré Africa Logistics says that the investment, worth 4 billion West African CFA francs ($8 million), is intended to streamline traffic through the Cameroonian port.