Volumes along all the Walvis Bay Corridors have hit a record high of more than 63,000 tonnes for the month of January 2012, reports Namib Times.
The report describes this as a significant growth of cargo volumes along the TransKalahari, TransCaprivi and TransCunene Corridors respectively. From a mere ten trucks a day that left the Port of Walvis Bay seven years ago to other SADC countries, more than 1,000 vehicles are now entering or leaving the Port of Walvis Bay on a monthly basis.
Volumes along all the Walvis Bay Corridors have hit a record high of more than 63,000 tonnes for the month of January 2012, reports Namib Times.
The report describes this as a significant growth of cargo volumes along the TransKalahari, TransCaprivi and TransCunene Corridors respectively. From a mere ten trucks a day that left the Port of Walvis Bay seven years ago to other SADC countries, more than 1,000 vehicles are now entering or leaving the Port of Walvis Bay on a monthly basis.
Although some markets such as Zimbabwe, Zambia and DRC have experienced stronger growth than the other markets, a growth factor has been seen with all the Corridor markets for the past six months. The Botswana and Gauteng (South Africa) markets are growing slowly, with the variety of commodities being expanded along these corridors. Imports and exports for Malawi via Walvis Bay are also on the increase, as this market also offers an immense possibility of attracting commodities such as tobacco to be transported via the Namibian port. The Angolan market also showed an increase during the past 6 months as more types of commodities are being transported via Walvis Bay destined for Southern Angola.
In support of this growth and development, the Walvis Bay Corridor Group is in the process of expanding its regional and international footprint to ensure a stronger market presence to grow its market share. An international information campaign will be implemented during the course of the year to the various international markets such as Europe, Brazil, China and India to create awareness and inform decision makers in these markets on the opportunities that Walvis Bay can offer to potential shippers in the transport and logistics industry.
The port is also experiencing an increasing number of freight forward and other logistics companies that are setting up in Walvis Bay to take advantage of the growing market share. Source – Namib Times
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