Thursday 8 January 09 - 12:50
 

News Africa & Middle East

  • DP World commits to long-term financing

    DP World plans to issue both conventional bonds and Islamic bonds as a means of extending its debt maturity profile.  

  • Saqr to boost berthage

    Four new berths have been commissioned at Saqr Port in the United Arab Emirates. These 795 metre long berths will bring to 12 the number of operational berths available to shipping. The port recently opened a new 350,000 teu container terminal operated by KGL Ports. 

  • Morocco approves Tangier 2

    The Moroccan government has approved construction of a second port adjacent to the existing one at Tangier Med, where three additional container terminals will be built.  

  • Two Ngqura box terminals

    Private-sector companies are going to be asked to bid for two large container terminals at South Africa's Ngqura Port, which will require investment of €841m ($1.1bn). These will be able to handle 3m teu annually, with expansion potential to eventually handle 4m teu.  

  • Ashdod investigated for nepotism

    Israel's State Comptroller is investigating reports of nepotism at Ashdod Port Company Limited. Of concern is the fact that most employees being hired already have family members working for the company. No new hiring will take place at the port until the report conclusions have been released. 

  • South Africa appoints regulator

    South Africa is to introduce a National Ports Regulator, which will assume one of the two roles formerly undertaken by the National Ports Authority, whose own activities are now restricted to those of port landlord. 

  • Lake Nyasa terminal planned

    A tender has been issued by Tanzania ports authority in respect of the construction of a port jetty at Mbamba Bay port on Lake Nyasa. Work is slated to commence later this year.  

  • Lagos management split

    Nigerian Port Authority in Lagos has been divided into two separate elements: NPA Western Port and NPA Eastern port, in a bid to speed up response time at the ports and improve efficiency.  

  • Mombasa grain float

    Grain Bulk Handlers Ltd, which operates a grain terminal at the port of Mombasa, is to undertake an initial public offering early next year. Listing of shares will take place on the Nairobi stock exchange. 

  • New mobile cranes for ICTSI Syria

    ICTSI subsidiary Tartous Inter-national Container Terminal has contracted manufacturer Liebherr for two new mobile harbour cranes, a first for Syria. Tradition-ally, container handling in the country has been undertaken by geared vessels.  

  • Comoros dragged into 21st century

    Gulfcom, the joint-venture put together by Sharjah-based stevedore Gulftainer to manage Moroni Port in the Comoros Islands, has made drastic changes to working practices.  

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