shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » Port Of Luanda Gets US $105Million Lifeline to Tackle Congestion, Bottlenecks

Port Of Luanda Gets US $105Million Lifeline to Tackle Congestion, Bottlenecks

by Joshua
March 1, 2009
in Uncategorized

The port of Luanda is to enjoy a fresh injection  of US$105 Million to transform it into a more cost-effective and efficient port, says its chief executive, Silvio Vinhas.
Explaining the rationale behind the ambitious funds injection, Vinhas acknowledged that delays and congestion in the port have been a cause of sharply rising costs of goods entering the country.
Luanda is regarded as one of African most expensive cities. The aim of the restructuring and revamp is to increase the number of working hours for cargo operators and to improve the state of roads leading to the port.
He said a system of increased fines for companies who do not remove containers promptly from the port would be introduced, a move that is aimed at improving terminal turnover and turnaround ahead of the development of a larger more modern container terminal at Dande, to the north of Angola’s capital. Approximately 20,000 containers await collection at the port’s container terminal at any one time, according to local newspaper reports.
He said the modernization plan would bring positive results although it wasn’t expected that all delays would disappear until the new terminal was built as traffic volumes remained high.
Luanda is expected to handle 6.6 million tonnes of cargo in 2009, a 10 per cent increase on 2008.


Related Posts

Oil Theft: Security Agencies Accuse Mdas, Oil Coys, Communities, Others Of Collusion

ANLCA Elects Emenike Nwokeoji As National President, Promises Unity and Progress

September 8, 2023
International Shipping Companies Threaten To Stop Trading In Nigeria Over Backlog Of Tax Claims

FG Targets N553bn From Unremitted Shipping Taxes

July 6, 2023
ECOWAS Electricity Agency Assures Of Stable, Affordable Power Across W/Africa From 2023

FG Urges Entrepreneurs To Embrace ECOWAS Trade Scheme

May 19, 2023
Nigeria Targets Over $500 Million From Cashew Export

Weekly Global Marine Incidents May 8, 2023

May 8, 2023

Discussion about this post

Latest News

Vessels Expected At Lagos Ports As At 21st September, 2023

Vessels Expected At Lagos Ports As At 21st September, 2023

September 21, 2023

ANLCA BoT Election Holds November As Customs Revives Comptroller General Annual Conference 

Nigeria Customs Joins Forces with UN-Habitat to Combat Smuggling

Ships Ready To Export Ukrainian Grain But Russian SWIFT Access, Insurance Remain Issues

Vessels Expected At Lagos Ports As At 20th September, 2023

Expert Decries Non-African Participation In Maritime Transportation

Navy Hydrographer Wants Nigeria To Optimise Blue Economy Potential

Lilypond Export Command Welcomes New CAC as Comptroller Babandede Proceeds to Lagos Free Trade Zone

Vessels Expected At Lagos Ports As At 19th September, 2023

Vessels Expected At Lagos Ports As At 18th September, 2023

New Customs Controller Promises To Run Inclusive Administration In Seme

Over $23bn Revenue Generated By Oil And Gas In 2021- NEITI

kindly like our Facebook page

Health

One Out Of 3 Adults Is Hypertensive – Cardiologist
Health

One Out Of 3 Adults Is Hypertensive – Cardiologist

September 18, 2023

A Consultant Cardiologist, Prof. Simon Isezuo, says hypertension is a health disorder affecting one out of every three adults in...

NAFDAC Procures 40 Detection Devices To Curb Importation Of Bad Medicine, Says D-G

YOU ARE WARNED: Certificate To Varsity To Produce Herbal Capsule For Diabetes Has Expired

September 13, 2023
YOU ARE WARNED: Certificate To Varsity To Produce Herbal Capsule For Diabetes Has Expired

YOU ARE WARNED: Certificate To Varsity To Produce Herbal Capsule For Diabetes Has Expired

September 4, 2023
Some Potentially Poisonous Foods Nigerians Love To Eat

Some Potentially Poisonous Foods Nigerians Love To Eat

September 4, 2023
Some Health Benefits Of Scent Leaf You Should Know

Some Health Benefits Of Scent Leaf You Should Know

September 4, 2023
BREAKTHROUGH: NAFDAC Approves Varsity’s Herbal Medicine For Diabetes

BREAKTHROUGH: NAFDAC Approves Varsity’s Herbal Medicine For Diabetes

August 31, 2023
Health Benefits Of Corn

Health Benefits Of Corn

August 31, 2023
HEALTH FACTS: Walking is nearly as healthy as running

HEALTH FACTS: Walking is nearly as healthy as running

August 31, 2023
ARTIFICIALLY- RIPENED FRUITS: NAFDAC Warns Against Consumption Of Carbide-Ripened Fruits 

ARTIFICIALLY- RIPENED FRUITS: NAFDAC Warns Against Consumption Of Carbide-Ripened Fruits 

August 22, 2023
Alligator Pepper: Benefits, FAQ, Side Effects, & Warning

Alligator Pepper: Benefits, FAQ, Side Effects, & Warning

August 22, 2023

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition