Kenya’s second international seaport will open for operations by 2020.
21 Mar 2016
Paris-listed Bolloré Group, which holds 21 port concessions worldwide and operates 14 container terminals in Africa, announced a 2 percent drop in revenue for 2015 to $12.2 billion.
18 Mar 2016
Construction work is set to commence on the second phase of the only deep-sea port in central Africa at Kribi, Cameroon after a second round of financing was arranged with the Export-Import Bank of China.
17 Mar 2016
CMA CGM is accelerating its expansion in West Africa, introducing a new fleet, extending coverage and upgrading an existing line, building on its extensive ocean service and inland transport corridors into the hinterland.
16 Mar 2016
Kenya’s Port of Mombasa completed phase 1 of its Mombasa Port Development Project, increasing capacity at the large and often-congested East African port by 550,000 twenty-foot-equivalent units.
09 Mar 2016
MENA Infrastructure, a fund manager and equity investor in Middle East infrastructure, said it divested its 30.3 percent stake in Egypt’s Alexandria International Container Terminals to Hong Kong’s Hutchison Port Holdings for an undisclosed sum.
07 Mar 2016
Djibouti Ports & Free Zones Authority expects throughput at Doraleh Container Terminal to expand by 3 percent in 2016 to just over 861,000 twenty-foot-equivalent units, driven primarily by increasing domestic consumption in Ethiopia and Djibouti.
04 Mar 2016
CMA CGM this week released two trade announcements upgrading its coverage on trades to and from India.
26 Feb 2016
Ultra-large container ships can now call at the Suez Canal Container Terminal 24 hours a day following the opening of a new access channel at the Mediterranean entrance to the Egyptian waterway.
23 Feb 2016
Shippers face fewer delays due to less congestion and more reliability at African ports and connecting liner services, but they have less services to choose from and the delays of critical port projects may cause the continent’s port productivity gains to slip, according to two new reports.
17 Feb 2016
Blood dripping from a U.S. freighter at Harare airport in Zimbabwe led the plane’s captain to a grim discovery when he opened a hatch and a body fell out.