Port of Antwerp makes first investment in West Africa
Sep 01, 2016: The port of Antwerp and the port of San Pedro in Côte d’Ivoire are to collaborate over the next few years to manage further expansion of this West African entry port. San Pedro, the leading cacao port in the world, aims to develop at regional level so as to become a logistics hotspot for handling commodities such as fertilisers, cashew nuts and cacao, among other things. To achieve this ambition, work will start next year on construction of a logistics platform under the name of “San Pedro Logistique.”
Part of the capital cost will be financed by Port of Antwerp International (PAI), the consultancy and investment subsidiary of Antwerp Port Authority. While PAI has already been active in West Africa for many years now, this will be the first time it has made a financial investment in the region.
Already in 2011 the ports of San Pedro and Antwerp signed an agreement for collaboration between them. Since then the freight volume handled by San Pedro has expanded to 4.9 million tonnes annually, a master plan for development of the port has been drawn up, logistics zones have been developed and mutual promotion has been carried out. This positive balance has now led the parties to renew the agreement for a further period of five years.
A new five-year Memorandum of Understanding was therefore signed on September 1 by Eddy Bruyninckx, CEO of Antwerp Port Authority, Kristof Waterschoot, director of PAI and HilaireLamizana, general manager of San Pedro Port Authority.
In addition to supplying the necessary technical expertise for the development, the agreement also specifies that APEC, the training centre for the port of Antwerp, will hold two training seminars per year for San Pedro port personnel.
One of the components of the master plan for development of the port of San Pedro is the creation of a logistics platform. The Belgian group Sea-Invest, which already operates in Côte d’Ivoire in the port of Abidjan, will take the lead for this initiative. On Thursday this week Sea-Invest presented its detailed plans for the new platform, construction of which is scheduled to begin early next year.
The overall price ticket for the project is 5.5 million euros, 35% of which will be financed by PAI. In exchange the latter will have two directorships in the company behind San Pedro Logistique. The platform is expected to be operational around the summer period of next year.
“This is the first concrete investment by the port of Antwerp in West Africa,” says Eddy Bruyninckx, CEO of Antwerp Port Authority. “With this clear commitment we are emphasising our belief in the potential of San Pedro. Its geographical location and its connections with Liberia, Guinea and Mali represent enormous potential benefits for Antwerp which is already the market leader for West Africa,” he concludes.
You may also like:-
India’s Chhatrapati Shivaji Maharaj International Airport (CSMIA) has witnessed movement of 72000 tonnes of general cargo in the April-August period.
The airline continues to gradually and safely restore its network, delivering on its health and safety promise as it responds to growth in passenger demand across the globe.
All of them are certified by the IATA CEIV Pharma or by the British MHRA, making them benchmark operations in the Swissport network.
The airline’s variety of fuel-efficient efficient aircraft and strategic network management has enabled it to quickly resume flights and expand services in line with passenger demand.
As Boeing's first chief sustainability officer, Raymond will be responsible for further advancing Boeing's approach to sustainability that is focused on environmental, social and governance priorities, stakeholder-oriented reporting and company performance.
Eastern Airlines has roped in Mike Duggan as director of International Cargo Business Development. Duggan will also be responsible to lead and support the carrier’s move into freighter operations.
Amid over 18 per cent and 19 per cent drop in the overall market tonnage and FTK (freight tonne-kilometres), respectively, the Group managed to hold on to 5 per cent and 10 per cent decrease.
The announcement on September 16 was welcomed by the country’s beleaguered airline sector, which has been lobbying for months for the reopening of international travel.
From a more efficient baggage-handling system that accommodates luggage of all sizes and shapes so skis don’t need to be dropped off at a special coun
The company has been well established for many years in both countries through network partnerships and decided to open its own offices in each location to offer customers a full spectrum of multi-modal services.
FAA approval officially enables reciprocal EASA (European Aviation Safety Agency) approval, which is anticipated in the very near future.
The global rollout of CargoWise across a. hartrodt operations in Asia, South and North America, Oceania and Europe, will be a staged process with completion by March 2023.
The hospital which included generators, tents, HEPA filters and medical equipment, can facilitate up to 200 people to receive potential lifesaving treatment.