The illegal seizure of Doraleh port by the government of Djibouti will have minimal impact on DP World’s finances, the port operator said yesterday, as the UAE government voiced its support of the Dubai-based port operator. “There will be no material financial impact to the group as a consequence of these events,” the company said […]
Tag: Africa
Nigeria proceeds with a new deep seaport
The work on the Ibom Deep Seaport (IDSP) on the southern coast of Nigeria has reached an advanced stage as call for expressions of interest is about to be issued to respective investors, said the Akwa Ibom State Commissioner for Housing and Special Duties, Mr. Akan Okon at the meeting of the Ministerial Project Development […]
Port of Durban 95% operational after severe storms
By the afternoon of 12 October, 95% of the total Durban Port area had been declared safe for navigation of vessels, but sounding surveys were still in progress along the C-Shed area and vessel movement was still suspended in that area, informs Durban’s daily The Mercury quoting Transnet National Ports Authority (TNPA), which manages the […]
Japan helps Mombasa to expand its second container terminal
The government of Kenya signed a loan agreement with the Japan International Cooperation Agency (JICA) for a loan of Sh35 bln (approx. USD 340 mln) for construction of Phase II of the second container terminal at the port of Mombasa, informs Construction Business Review. According to the Kenya Ports Authority managing director Catherine Mturi-Wairi, the […]
DP World CEO explores new opportunities in Africa
DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem is proceeding with his annual tour around West and North Africa calling at existing DP World facilities and meeting heads of the states and business leaders to explore trade links and solutions connecting Africa to the world, informs the company. Thus, Mr. Bin Sulayem met […]
APM Terminals trusts in Hill
Hill International, a US leading construction consulting company, has received a contract from APM Terminals MedPort Tangier S.A. to provide project management and supervision engineering services during the construction of a new container facility at the Tangier-Med Port Container Terminal in Morocco, announced Hill’s press release of December, 05. The two-year contract has an estimated value […]
Durban implements new technologies
The Port of Durban, South Africa, starts using drones for surveillance, monitoring and certain operations in the port. Details of a three-month trial programme were communicated at the African Ports Evolution conference in Durban on October, 18th. The solution can be used in a number of ways including inspecting infrastructure and the condition of the […]
DP World to increase its presence in Africa
Dubai-based global port operator DP World highlighted its interest in building on its African investments. The DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem, visited several African countries last week, including Nigeria. He has discussed ways of developing and improving the efficiency of the country’s logistics services with the governor of the Nigerian […]