DP World Invests $800M to Transform Syria’s Tartus Port into Major Regional Trade Hub DP World has announced a landmark investment of $800 million to redevelop and operate the Port of Tartus in Syria, aiming to transform it into a key trade hub connecting Southern Europe, the Middle East, and North Africa. The investment forms part of a 30-year concession agreement with Syria’s General Authority for Land and Sea Ports
Category: Ports & Terminals
South African Ports Exceed Container Handling Targets Amid Recovery Plan Success
South African Ports Break Records with 101,295 Containers Handled in a Week Ports along South Africa’s coastline handled 101,295 twenty-foot equivalent units (TEUs) last week—surpassing the weekly target for all container terminals by 15%. Transnet Port Terminals (TPT) announced on Monday that this marks the highest weekly container throughput since the 2017/2018 financial year, when 101,871 TEUs were moved, a record that still stands. This performance reflects steady gains achieved
Transnet Faces Prolonged Cash Burn as S&P Downgrades Credit Rating
S&P Downgrades Transnet, Warns of Cash Burn Through 2027 Without Government Support Transnet, South Africa’s state-owned freight rail and ports operator, is expected to burn cash for at least the next three years, according to a new forecast by S&P Global Ratings, as reported by BusinessLive on Tuesday. Citing an unsustainable capital structure in the absence of ongoing state support, S&P downgraded Transnet’s credit rating. The agency also warned that
DRC to Launch Four One-Stop Border Ports to Boost Regional Trade with Burundi
DR Congo to Open Four Trade Ports in South Kivu to Enhance Regional Integration and Cut Logistics Costs The Democratic Republic of Congo (DRC) is set to enhance regional economic integration with the upcoming launch of four one-stop border ports in South Kivu province. The announcement was made on Tuesday, July 22, in Kinshasa following a strategic meeting between Minister of Foreign Trade Julien Paluku and Project Coordinator Thierry Kayembe.
Aliko Dangote to Build Nigeria’s Deepest Seaport to Boost Industrial Exports
Aliko Dangote Plans Massive Seaport in Ogun State to Expand Fertilizer and LNG Exports Africa’s richest man, Aliko Dangote, is advancing plans to build a massive deep-sea port near his fertilizer and oil refinery complexes in a strategic move to streamline exports and support the growth of his industrial empire. In a recent interview in Lagos, Dangote revealed that his group submitted formal documentation in late June to initiate construction
Grindrod Reports Slight Dip in Terminal Volumes, Maintains Positive Outlook
Grindrod Terminal Volumes Dip to 6.7 Million Tonnes in H1 2025, Eyes Growth Through Infrastructure Investment Grindrod, the Southern Africa-based logistics and infrastructure multinational, has reported a slight decline in terminal volumes for the first half of 2025, with figures falling to 6.7 million tonnes, compared to 6.9 million tonnes during the same period in 2024. The company shared the update in a trading statement released on Wednesday, without providing
Transnet Makes History as MSC Nicola Mastro Becomes Largest Ship to Call at Ngqura Container Terminal
Ngqura Container Terminal to Welcome Its Largest-Ever Vessel, MSC Nicola Mastro Transnet Port Terminals (TPT) is set to mark a historic milestone this week with the arrival of the ultra-large container vessel MSC Nicola Mastro at the Ngqura Container Terminal (NCT), located in South Africa’s Eastern Cape. This event represents a significant step forward for both the terminal and the region. Measuring 400 metres in overall length and 61 metres
DRC and Tanzania Launch Cross-Border Dry Port Project to Boost Trade and Cut Delays
The Democratic Republic of Congo (DRC) and Tanzania have officially exchanged land titles as part of a groundbreaking cross-border infrastructure deal aimed at improving regional trade and reducing customs delays. The agreement paves the way for the construction of dry ports that will serve as key logistics hubs, easing congestion and accelerating cargo movement between the two countries. The formal land exchange took place on June 18, 2025, in Dar
Mozambique Approves Concession for Strategic Chongoene Port Terminal
Mozambique’s government has approved a decree authorizing the Ministers of Transport and Logistics, and Agriculture, Environment and Fisheries to sign the concession contract for the construction of the Chongoene Port Terminal in Gaza province, located in the southern region of the country. The decision was announced in the final communiqué of the cabinet meeting held on Tuesday, confirming the government’s intention to move forward with the project through a public-private
Nigeria Welcomes First LNG-Powered Container Ship at APM Terminals Apapa
APM Terminals Apapa, Nigeria’s largest container terminal, has achieved a historic milestone with the arrival of the Kota Oasis, the first LNG-powered vessel to berth at the terminal. This landmark event marks a major leap forward in Nigeria’s maritime and environmental progress, highlighting a growing commitment to cleaner and more sustainable shipping practices. The Kota Oasis is a 260-meter-long, 46-meter-wide vessel with a gross tonnage of 77,850. Sailing under the