The consortium of Bollore Africa Logistics and PowerChina International Group Ltd. has been selected as the preferred bidder for the Ibom Deep Seaport Project (IDSP) on the southern coast of Nigeria. Now the project passes to the next stage of public private partnership procurement process, which is negotiating with the preferred bidder on the investment […]
Tag: Africa
Ukrainian ports join forces with two leading ports of Egypt
The Ukrainian Sea Ports Authority (USPA) and the Port Authorities of Alexandria and Damietta, Egypt, signed a Memorandum of cooperation on 2 November in Kyiv, Ukraine. The document implies joint implementation of projects, information exchange and mutual assistance in seaborne trade. The signing took place in Kyiv. From the Egyptian side, the Memorandum was signed […]
DP World sues China Merchants Port over Djibouti
DP World continues to protect its rights in the dispute with the Djibouti government over the Doraleh Container Terminal (DCT), which was illegally seized by the government in February 2018. Now DP World has taken legal action against China Merchants Port Holdings Co. Ltd (CM Port) for building an international free zone on the DCT area. […]
Walvis Bay’s new container terminal soon to complete
The construction of the new container terminal at the Walvis Bay port in Namibia is 85% finalized with the full completion scheduled for June 2019, says the statement of African Development Bank Group. Supported by a loan of ZAR 2,982 mln (about USD 300 mln) from the African Development Bank, which accounts for 87.6 % […]
Liebherr Reachstackers LRS 545 in Durban: from dispatch to commissioning (video)
In December 2017, Transnet SOC Ltd ordered seven Liebherr Reachstacker LRS 545 for its container terminal in Durban, South Africa. The machines were dispatched from the manufacturing site in Sunderland, Great Britain, in February and thanks to the professional on-site assembly by qualified Liebherr service engineers in Durban, all seven units were put into operation […]
London Court: DP World’s contract in Djibuti remains in force
DP World continues the struggle to protect its rights in the dispute with the Djibuti government over the Doraleh Container Terminal. Last Thursday, the London Court of International Arbitration held that Djibouti did not have sovereignty over a contract governed by English law. The Court has also established that, in the absence of an express […]
West African port capacity able to last for decade
Billions of euros of investment in upgrades to West African harbors by governments and companies will provide enough capacity for them to operate sufficiently for the next 10 years, Bloomberg writes today quoting Bollore Ports, the leading port operator in Africa. Countries in the region have been investing heavily in ports to cope with rising […]
A new plan: Djibouti to build another container terminal with CMA CGM
Djibouti discusses with CMA CGM the development of a new container terminal at an initial cost of USD 660 mln, informs Reuters. Speaking on the sidelines of the Africa CEO Forum in Abidjan, Ivory Coast, on Tuesday, March 27, Aboubakar Omar Hadi, Chairman of the Djibouti Ports and Free Zone Authority (DPFZA), told Reuters that […]
Djibouti comments on DCT seizure from DP World
Djibouti dismissed the speculations that appeared last week about the reasons behind the government’s expropriation of Doraleh Container Terminal (DCT) from DP World, informs Africa Times. In his statement in Twitter on Friday, Mohamed Siad Doaleh, Djibouti’s ambassador to the United States, claimed as “false” the idea that Djibouti would give the disputed Doraleh terminal […]
DP World signs deal with Ethiopia to develop Berbera port
Following DP World’s announcement of the Djibouti Government illegally taking control of Doraleh Container Terminal S.A at the end of February, more news is coming from the region. On 1 March 2018, the Dubai-based global terminal operator signed an agreement with the Government of Ethiopia, whereby Ethiopia enters into DP World Berbera Port becoming its […]