The Ministry of Transport will receive four high-performance vessels for the Port of Namibe in the first quarter of 2025, following a financing agreement with the Japanese Government. Signed on April 5th between Damen Shipyards Group and Toyota Tsusho, the contract includes the delivery of two ASD 2813 tugs, a Pushy Cat 1004, and a Stan Pilot 1905. Ricardo Viegas D’Abreu, Minister of Transport, emphasized the importance of ports and
Category: Ports & Terminals
Port of Luanda Recognized for Excellence in Leadership by ESQR
The Port of Luanda was honored in Brussels, Belgium, as one of the public companies with the best quality of leadership, according to a press release sent to JA Online. This distinction was awarded at a convention held by the European Society for Quality Research (ESQR), a European organization dedicated to promoting the improvement of quality management strategies for processes, services, and products on a global scale. The recognition, according
Insights from HEI’s 2023 Container Port Performance Index
The High Economic Intelligence (HEI) 2023 Container Port Performance Index (CPPI) provides a comprehensive analysis of global port rankings, focusing on key factors like handling efficiency, turnaround times, infrastructure, technology, and operational management. These elements are critical for evaluating the competitiveness and operational effectiveness of container ports worldwide. Efforts to reduce ship turnaround times and improve container handling efficiency are highlighted as pivotal areas for development in the HEI report.
Cyprus to Re-Tender $1.3 Billion Larnaca Port Project After Terminating Concession
Preparations are underway to re-tender the development of Larnaca Port after Cyprus terminated a $1.3 billion concession agreement. Transport Minister Alexis Vafeades announced that Qatar, along with other investors, had expressed interest in the port. The re-tendering process might be delayed by potential legal actions from the previous operator, Kition Ocean Holdings. Kition Ocean Holdings, a joint venture between Israeli investor Eldeman Holdings BV and Cypriot firm Alexandrou Corporate Services
AD Ports Group and Madagascar EDB Sign MoU to Boost Maritime and Logistics Sectors
The Economic Development Board of Madagascar (EDBM) and AD Ports Group have signed a comprehensive Memorandum of Understanding (MoU) to explore commercial opportunities across Madagascar’s maritime, industrial, and logistics sectors. The MoU will focus on areas of mutual interest and cooperation, including the development of economic cities and free zones, ports, marina and cruise port facilities, digitalisation of logistics, maritime services, and the establishment of a maritime academy. Additionally, the
Singapore Expands Port Capacity to Reduce Congestion
The Port of Singapore is increasing its capacity and reopening older berths to alleviate congestion at the world’s largest transshipment hub. Container ships arriving at the typically efficient Port of Singapore have faced berthing delays of up to seven days, with total capacity waiting at dock reaching 450,000 TEU, according to analyst Linerlytica, as reported by Seatrade Maritime News earlier this week. The Maritime & Port Authority of Singapore (MPA)
Major Progress Made in Cleanup Efforts Following Key Bridge Collapse in Baltimore
The Unified Command for the Key Bridge Response, led by the US Coast Guard, reported significant progress by the end of May, announcing the clearance of a 400-foot-wide swath of the federal channel on May 20, facilitating the transit of pre-collapse, deep-draft commercial vessels to the Port of Baltimore. Efforts to remove sections of the wreckage are ongoing, with the Unified Command aiming to fully restore the Fort McHenry Federal
China’s Ambassador Highlights Benefits of Caio Deep Water Terminal in Angola
China’s ambassador to Angola, Zhang Bin, emphasized the significant advantages the Caio Deep Water Terminal in northern Cabinda will bring to commercial relations between Angola, other African regions, and beyond. Speaking during his recent visit to the terminal’s construction site, Ambassador Zhang noted that the project would not only foster socio-economic development in Cabinda province but also enhance trade exchanges with various regions across the continent and globally. The diplomat