Africa

The African Investment Bank has granted a loan of $45m to Sogester, which has been put together by APM Terminals (51%) and Gestão de Fundos (49%) to open a new container terminal…

Port concessionaires in Nigeria believe that they should be receiving the 7% surcharge levied on imported items that the government set up to develop port infrastructure.

Unilateral imposition of a new tariff system from August 15 has prompted the Ethiopian government to criticise Djibouti ports tariff plan as being both unfair and difficult to accept.

The South African government has abandoned plans involving the transfer of port operations from Transnet to a separate entity.

South Africas largest stevedore company, Transnet, has committed to an order of 32E-One+ rubber-tyred gantry cranes from Kalmar. The 1-over-5 high and 1+6 wide units- scheduled for delivery starting in June 2009…

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. 

According to Michael Hansen, managing director of APM Terminals in Nigeria, the local economy has benefited to the tune of $400m following privatisation of many of the countrys ports.

Doubts have emerged regarding the feasibility of the proposed Kenyan lake port of Lamu. Steady economic growth in the Great Lakes region has prompted the need for such a facility, but while…