Port Modernization in Guinea-Bissau To Boost Regional Trade

Senegal’s ambitious construction of the Ndayane Port, set to become West Africa’s largest deep-sea port by 2027, is a testament to the region’s commitment to infrastructure development. With gas production from Grande Tortue Ahmeyim (GTA) in Senegal and Mauritania, and first oil from Sangomar in Senegal, the MSGBC nations are gearing up to accommodate increased exports. Guinea-Bissau, recognizing the need to modernize its ports, initiated a significant project to upgrade

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The Lobito Corridor Sparks Agricultural and Industrial Development

The dynamism of the Lobito Corridor is fueling increased production of agricultural goods by the business class and family producers across six provinces in Angola. Lucas Ábias, acting president of the Chamber of Business Development in Benguela province, made this acknowledgment during the opening of the International Forum for Investment in the Central and Southern region of Angola. Ábias highlighted the positive impact of the corridor’s development on entrepreneurship, particularly

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Maersk enhances service between India and North Europe

Maersk announced an upgrade to its ME2 ocean service to include port calls in North Europe, namely Rotterdam, Felixstowe and Bremerhaven. “This extension of the ME2 service to key destinations in North Europe will benefit North India’s exporters, particularly those in the lifestyle and retail sectors. With upgraded service, manufacturers and exporters will get expedited access to important consumer markets in North Europe. The transit times for ocean transports between

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Los Angeles, Long Beach ports finish Q12024 with volume gains

The Port of Los Angeles handled 743,417 container units in March, a 19 percent increase over the previous year. It was the eighth consecutive month of year-over-year growth at the port, says an official release. “For the first quarter ending March 31, local dockworkers moved 2,380,503 TEUs across Los Angeles marine terminals – nearly 30 percent more than 2023. It was among the port’s best first quarter starts, behind only

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Nóqui River Terminal Construction to Propel Economic Activity in Zaire Province

During a ceremony in Luanda, Minister of Transport Ricardo Viegas d’Abreu reassured the public of the transformative impact expected from the construction of the Nóqui River Terminal in Zaire Province. The minister’s remarks came as the contract for the terminal’s construction, valued at $90 million and slated for completion within 18 months, was signed with China Harbor Engineering Company Ltd. China Harbor Engineering Company Ltd, renowned globally for its expertise

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Nigeria’s NPA Secures $700 M Loan for Ports Upgrade

The Nigerian Ports Authority (NPA) has entered into an agreement with global financial institution Citibank for a $700 million loan aimed at revitalizing the Apapa and Tin-Can Island ports in Lagos. The loan – funded by UK Export Finance – will support the rehabilitation of quay walls to enhance landside operations, and deepen droughts to 16.5 m to accommodate larger vessels and increase traffic flow. The loan will fund the

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Port of Los Angeles finishes first quarter up over previous year

The Port of Los Angeles handled 743,417 container units in March, a 19% increase over the previous year. It was the eighth consecutive month of year-over-year growth at the nation’s busiest port. For the first quarter ending March 31, local dockworkers moved 2,380,503 Twenty-Foot Equivalent Units (TEUs) across Los Angeles marine terminals––nearly 30% more than 2023. It was among the Port’s best first quarter starts, behind only the pandemic import

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Hapag-Lloyd Takes Strides in Green Shipping with Methanol Retrofit Contract

Last week’s announcement of Zemba awarding Hapag-Lloyd a zero-emission contract has propelled the Hamburg carrier further into the realm of green shipping innovations. In its latest endeavor, Hapag-Lloyd has inked a deal with Seaspan Corporation to retrofit five 10,100-TEU charter vessels with dual-fuel engines capable of running on methanol. These container ships currently rely on conventional MAN S90 engines. Dr. Maximilian Rothkopf, Hapag-Lloyd’s COO, expressed the company’s commitment to sustainability,

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Sea-air cargo into Africa spikes on the back of missile strikes

Intermodal airfreight hub operations serving African imports have found an unlikely ally in the situation south of the Suez, where heightened risk because of attacks on maritime traffic in the Red Sea and Gulf of Aden, has driven down ocean cargo by as much as 50%. Kenya Airways’ head of cargo commercial, Peter Musola, has explained that the driver of demand in air freight this year has been the increase

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Severe Weather Dampens Container Throughput at South African Ports

Severe weather conditions along South Africa’s coastline have led to a significant decline in container throughput, reaching its lowest levels in weeks, according to the latest Cargo Movement Update compiled by the South African Association of Freight Forwarders (Saaff) and Business Unity SA (Busa). For the week ending April 12, commercial ports processed an average of 6,180 containers per day, a notable decrease from the previous week’s figure of 8,061

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