Category: Maritime Transport

AD Ports Group signs a 30-year Concession Agreement to Develop and Operate Safaga Port in Egypt

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Two 15-year agreements, a Memorandum of Understanding and three Head of Terms – were also signed with Egyptian authorities for multi-purpose, RoRo and cruise terminals, as well as logistics services across key Red Sea and Mediterranean ports. AD Ports Group, the leading facilitator of global trade, logistics, and industry, has recently announced the signing of a concession agreement to develop and operate a multi-purpose port in Safaga in Egypt, in addition to signing of two 15-year agreements, a  Memorandum of Understanding (MoU) and three Head of Terms (HoT) concerning ports…

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Bahri inks non-binding MoU with Suez Canal Authority for cooperation in establishing a joint venture

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Driven by its commitment to exploring regional cooperation horizons to achieve its growth objectives and enhance its global position, Bahri, the national shipping company of the Kingdom of Saudi Arabia and a global leader in transportation and logistics, has signed a non-binding renewable six-month agreement with the Suez Canal Authority, an independent general Egyptian Authority responsible for the canal facility’s affairs, a key global shipping lane… read more on maritimafrica.com

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The Sea Waybill (SWB)

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Created in the early 1980s to correct the disadvantages of the bill of lading, the Sea Waybill (SWB) is a non-negotiable transport document issued by the maritime carrier. The SWB is a document evidencing the contract of carriage and the characteristics of the goods loaded but does not represent the goods. As it does not represent the goods, it is merely a receipt for the goods. However, like any commercial document, it has advantages and disadvantages. Advantages of the Sea Waybill …read more on maritimafrica.com

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THE ACTIVITY OF THE PORTS OF MOROCCO FOR THE YEAR 2022

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The Moroccan ports have recorded a positive evolution of the global port traffic, which went from 192.1 million tons in 2021 to 195 million tons in 2022, i.e. an increase of 1.5%: the domestic traffic recorded a volume of 110.1 million tons (-1.2%) while transhipment reached a volume of 84.8 million tons, i.e. a growth of 5.3% compared to 2021. The distribution of traffic in 2022 saw a predominance of transhipment activity, representing a share of 43.5% of overall traffic, followed by imports with 33.8%, exports with 17.8%, cabotage with 3.9%…

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Nigeria : The President Muhammadu Buhari commissions Lekki Deep Sea Port

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On Monday January 23, 2023, the President Muhammadu Buhari officially inaugurated the Lekki Deep Sea Port, in Lagos, Nigeria, in the presence of Governor Babajide Sanwo-Olu of Lagos State, the Minister of Transportation, Muazu Sambo, the Chinese Ambassador to Nigeria, Ciu Jianchun, top government officials and traditional rulers, etc. This project with an investment in excess of $1.5 billion is a Joint Venture between the Federal Government of Nigeria through the Nigerian Ports Authority (5%), Lagos State Government (20%), the Tolarams Group, the owner of the Lagos Free Zone (22.5%),…

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THE NEW ECTN MANAGEMENT PLATFORM IS UP NOW

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As part of the new government reforms, and after the decision of the Council of Ministers on September 29, 2021 regarding the transfer of the management of the ECTN to the Port Authority of Cotonou, we inform all of our customers that the old platform for Electronic Cargo Tracking Note (ECTN), https://www.besc-benin.com, is no longer available. Thus, since January 1st, 2023, all procedures relating to the registration of cargoes are carried out exclusively via the new platform, available at https://ectn.bj. The Port Authority of Cotonou, in order to offer its customers more innovative…

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MSC Group completes acquisition of Bolloré Africa Logistics

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PRESS RELEASE – MSC Group is pleased to confirm that its wholly owned subsidiary SAS Shipping Agencies Services has completed the acquisition of Bolloré Africa Logistics. The transaction was approved by all applicable regulatory authorities. MSC’s acquisition of Bolloré Africa Logistics SAS and its affiliates (“Bolloré Africa Logistics Group”) highlights the long-term commitment of MSC to invest in African supply chains and infrastructure, supporting the needs of clients of both businesses. MSC reiterates that it will operate Bolloré Africa Logistics Group as an autonomous entity with its portfolio of diversified…

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BOLLORÉ AFRICA LOGISTICS SIGNS THE CONCESSION AGREEMENT FOR THE PORT OF DOUALA TIMBER TERMINAL

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Bolloré Africa Logistics and the Autonomous Port of Douala (PAD) signed the concession agreement for the Port of Douala Timber Terminal (TBPD) on Friday 10 December 2022 in Douala. This new body, which is taking over the assets of the Société d’Exploitation des Parcs à Bois du Cameroun (SEPBC), will be in charge of developing the activities of the timber terminal in the port of Douala-Bonabéri for 15 years. This concession agreement is the result of a partnership that has linked Bolloré Africa Logistics and the Autonomous Port of Douala…

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Launch of the report “Pirates and Oil Theft in the Niger Delta: an analysis of the connection between piracy and oil bunkering”

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The CRIMSON project is pleased to announce the “Pirates and Oil Theft in the Niger Delta: an analysis of the connection between piracy and oil bunkering” report, launched on 1st December 2022 at the G7++ Friends of the Gulf of Guinea (FoGG) in Abidjan, Cote d’Ivoire. The study was coordinated by Thomas Kieler, EU Delegation Nigeria and Giulia Nicoloso, CRIMSON Team Leader. This report was written by Katja Lindskov Jacobsen and Tarila Marclint Ebiede. For an effective engagement in the Gulf of Guinea of the coastal states and international partners,…

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