Finance

Congo Terminal takes delivery of two new yard gantries

Congo Terminal takes delivery of two new yard gantries
Friday, 16 October 2020 17:47

Congo Terminal, the concessionary of the container terminal at the Port of Pointe-Noire, has taken delivery of two new RTG yard gantries. With a 40-tonne lifting capacity, the new equipment will boost the container storage capacities of the yards and help to improve flows across all operations.

Financed by Congo Terminal to the tune of 2.6 billion CFA francs (€4 million), the two yard gantries, built by lifting equipment manufacturer Konecranes, will strengthen the stevedoring capacities of the Congo container terminal.

Congo Terminal is thus pursuing its investment programme to make Pointe-Noire a leading deep-water port that backs up specific corridors and responds to the expectations of the main ship owners. In 2019, the company handled over 920,000 TEU, compared with 190,000 TEU at the start of the concession. This enabled the Port of Pointe-Noire to earn the distinction of “the best wharf productivity of the ports in Central and West Africa”.

Commenting, Laurent Palayer, Managing Director of Congo Terminal, said: “Through this new investment, we are continuing to boost the competitiveness of the economy and step up the momentum of trade in the region. Since 2009, Congo Terminal has invested over 250 billion CFA francs (€400 million) in the development of infrastructure, the acquisition of modern stevedoring equipment and the installation of a high-performance operational system.”

About Congo Terminal
Congo Terminal, a Bolloré Ports concession, is the operator of the container terminal at Pointe-Noire. The company is engaged in a public-private partnership enabling it to respond to the requirements of its ship-owner, import and export customers. By reducing its delivery tariffs by 50%, Congo Terminal is contributing to the improvement of purchasing power and the fight against the high cost of living. With ISO 9001:2015, ISPS (safety) and Pedestrian Free Yard (HSE) certification, the company benefits from leading-edge technology and the extensive port expertise of the Bolloré Ports network. Congo Terminal implements mobility solutions that respect the environment, including electric buses for the transport of employees. Congo Terminal employs over 900 Congolese employees and leads solidarity initiatives in favour of young people, environmental protection and education.

 1 terminal pointe

On the same topic
World Bank opens first resident representation in Malabo, led by economist Juan Diego Alonso. Mandate focuses on inclusive growth, private-sector...
Nearly half of spending directed to social programs amid growth, financing pressures Lawmakers debate sustainability and external financing as...
The Central Bank reduces its policy rate to 9%, marking a ninth consecutive cut. Inflation remains contained at 4.5%, within the 2.5%–7.5% target...
Africa’s factoring volume rose from €21.6 billion in 2017 to €50 billion ($58.17 billion) in 2024. Afreximbank says the continent must...
Most Read
01

Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...

Omer-Decugis & Cie Expands Mango Operations in West Africa
02

Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...

AfDB Re-engages Eritrea With Strategy Focused on Infrastructure, Climate Resilience and Regional Integration
03

Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...

Malawi: New $100M Cement Plant Targets Forex Crisis but Faces Energy Reality
04

Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...

Nigeria Pursues Boeing, Cranfield Partnership to Establish Aircraft Maintenance Center
05

BCEAO keeps key lending rate at 3.25% and marginal rate at 5.25%. UEMOA growth reaches 6.6%...

WAEMU Bloc Holds Rates Steady as Growth Hits 6.6%
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.