Category: Maritime Transport

ASTEC EQUIPMENT IS REVOLUTIONISING SHIP LOADING

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Innovative equipment from Astec Industries is revolutionising the way that port-based companies handle their materials. Machines like the Astec Telestack TB52 telescopic boom ship loader and the Astec Telestack HF523 “Revolution” tracked hopper feeder are enabling logistics operators to save time, money and fuel, while increasing production rates.   Astec Telestack equipment delivers enhanced flexibility and efficiency in handling dry bulk material, whether from the pit, the port or plant. Telestack’s “All Wheel Travel” (AWT) technology is one of the most exciting developments in the bulk handling industry in recent…

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Maritime Transport: A Pillar of Resilient African Trade 

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Maritime transport is emerging as a fundamental lever in building resilient African trade, as highlighted in UNCTAD’s recent report. This evolution revolves around several strategic axes that strengthen the continent’s capacity to maintain stable trade exchanges despite global disruptions. Significant Maritime Growth and Flexibility in Crisis The notable increase in port activities in Africa, marked by a 20% rise in container vessel calls and a 38% increase in tanker calls between 2018 and 2023, demonstrates a strengthening of the continent’s logistics capabilities. This progression creates a solid foundation for more…

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The African Development Fund grants $135 million to Comoros to modernize its port infrastructure

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The Board of Directors of the African Development Bank Group has approved a record financing of $135 million for the Union of the Comoros. This ambitious project aims to transform the country’s port infrastructure, thereby boosting regional trade and the economic development of the archipelago. Key points of the project: Modernization of Moroni and Boingoma Ports Construction of new docks (240m in Moroni, 136m in Boingoma) Improved accommodation capacities for ferries and fishing boats Facilitation of Regional Trade Modernization of customs administration Creation of a national single window Development of…

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South Africa: African Development Bank approves ZAR 18.85 billion ($1 billion) corporate loan for Transnet’s business recovery plan

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In addition to the corporate loan, the African Development Bank is contemplating two targeted grants, including $750,000 in technical support from the Sustainable Energy Fund for Africa The African Development Bank Group (www.AfDB.org) has approved a ZAR 18.85 billion ($1 billion) corporate loan to Transnet, South Africa’s major freight transport and logistics company, for its recovery and growth plans.   The 25-year loan approved by the Bank Group’s Board of Directors on Friday, 12 July 2024, is fully guaranteed by the government of South Africa. It will facilitate the first…

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Transnet denounces World Bank Container Port Performance Index factual errors

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On 10 June 2024, Transnet met with World Bank representatives to discuss factual errors in its recent 2023 Container Port Performance Index (CPPI). The Bank incorrectly uses the duration of a vessel’s stay as a measure of container port cargo handling performance, relied on third party sample data and failed to give a measured terminal access to the data sample for verification prior to publication. Upon entering a port, a vessel is serviced by many role players before the actual loading and offloading of cargo, and these services contribute to…

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Djibouti Ports and Free Zones Authority Denounces World Bank’s Container Port Performance Report: Claims Misrepresentation and Data Discrepancies

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The Djibouti Ports and Free Zones Authority (DPFZA) has expressed profound indignation over the latest World Bank Container Port Performance Report, which ranked the port of Djibouti at 379th—a drastic and unjustified decline from its previous ranking of 26th. This report, according to DPFZA, grossly misrepresents the true status of their facilities and the quality of services they provide…. read more on maritimafrica.com ………

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Adani Ports Signs 30-Year Concession To Operate Container Terminal 2 At Dar Es Salaam Port

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Adani International Ports Holdings Pte Ltd. (AIPH), a wholly owned subsidiary of Adani Ports and Special Economic Zone Ltd. (APSEZ), has signed a 30-year concession agreement with the Tanzania Ports Authority to operate and manage Container Terminal 2 at the Dar es Salaam Port, Tanzania. Dar es Salaam Port is a gateway port with a well-connected network of roadways and railways…. read more on maritimafrica.com

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AD Ports Group and Economic Development Board of Madagascar Sign MoU to Explore Development of Ports, Maritime and Logistics

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AD Ports Group (ADX: ADPORTS), one of the world’s leading facilitators of global trade, logistics, and industry, and the Economic Development Board of Madagascar have today signed of a Memorandum of Understanding (MoU), to explore a dynamic partnership focused on bolstering commercial opportunities across maritime, industry and logistics sectors in Madagascar… read more on maritimafrica.com

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PORT AUTONOME DE POINTE-NOIRE : Construction of Two Maritime Quays Progressing Perfectly and Could Be Completed by September 2024

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In order to increase its ship reception capacity and maintain its leadership in Central Africa, the Port Autonome de Pointe-Noire (PAPN) has been undertaking the construction of two maritime quays on the eastern side of the existing port basin since 2021. An agreement was signed with the company RAZEL-BEC, which was awarded the contract for this project financed by the French Development Agency (AFD). Begun in July 2021, the construction of these two infrastructures responds to the desire of the port authority to ensure that the PAPN meets the new…

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Benin: Minister José Tonato visits the Port of Cotonou to inspect dredging work

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On Saturday 17 February 2024, Mr José Tonato, Benin’s Minister for the Environment and Transport, in charge of Sustainable Development, visited the Port of Cotonou as part of his monitoring of the port’s renovation work, in particular the maintenance dredging work currently underway. Accompanied by Mr Bart VAN EENOO, Director General of PAC, Mrs Sandrine Platteau, Belgium’s Ambassador to Benin …read more on maritmafrica.com   …..

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