Concession contract inked for Kribi terminal

concession meeting Officers of the Port Autonome de Kribi in a concession meeting with Hans-Ole Madsen, ICTSI senior vice president and regional head for Europe, Middle East and Africa. Photo: ICTSI

A new concession contract has been signed for the development, operation and maintenance of the Kribi Multipurpose Terminal (KMT) in Cameroon.

International Container Terminal Services, Inc. (ICTSI) has struck a deal with the Port Autonome de Kribi (PAK). KMT, a subsidiary of ICTSI, is now the official concessionaire of the multipurpose terminal for the next 25 years.

Hans-Ole Madsen, ICTSI Senior Vice President and Regional Head for Europe, Middle East and Africa, said: “ICTSI is very proud to partner with Cameroon and the Port of Kribi in the operation and development of the Kribi Multipurpose Terminal.”

Located 150km south of Douala, KMT has 16m of deep water access and is built to handle multipurpose shipping services including roro, project and heavy lift cargo, forestry products, dry bulk and other general cargoes, and to offer support services to the oil and gas industry.

Phase 1 consists of 265 + 63m of berth and a 10-hectare yard. Phase 2 will include an additional 350m of berth and 23 hectares of yard.

KMT is expected to be fully operational at the terminal within the next couple of months.

ICTSI said it will further invest in KMT's infrastructure and superstructure, and by 2024 the port will double in size. The expansion will include additional modern handling equipment, storage facilities and modern IT platforms.

Mr Madsen said ICTSI aims for the port services to act as a catalyst for Cameroons foreign trade. The company will actively promote the Kribi Logistic Corridor – encompassing Cameroon, Chad, Central African Republic, Republic of Congo, Equatorial Guinea and Gabon.

The Kribi container terminal is jointly operated by CMA CGM, Bolloré Transport & Logistics and the Chinese group CHEC as part of a 25-year public-private partnership with the State of Cameroon.


SANY wins IFOY award for innovation

On Monday 13th July SANY Europe won the IFOY Award 2020(international Intralogistics and Forklift tr... Read more

Cell Fenders for new coal terminal in Muchke Bay, Russia

In 2017, the Russian Government signed a contract for an investment project at Vanino Port in Muchke... Read more

Bruks Siwertell’s united strengths represented in new brand identity

Bruks Siwertell has launched a new brand identity designed to reflect the values, combined strengths... Read more

Quezon specifies enclosed Siwertell ship unloader for new power plant

Bruks Siwertell has won a contract to supply a new coal unloader to returning customer Quezon Power ... Read more

Bruks Siwertell secures high-capacity ship unloader contract for Taiwanese power plant

Bruks Siwertell has signed a contract that will see it deliver a high-capacity coal unloader for Tai... Read more

View all