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
Metier Capital Growth Fund III invests an undisclosed sum in Watu Group. Watu operates in 8 African markets, with over 2 million loans disbursed since...
Gabon signed a $3 billion deal with Afreximbank to finance priority investments. The move follows a meeting between President Oligui Nguema...
• BCEAO holds key rates, citing stable growth and low inflation• WAEMU GDP grows 6.5%; inflation drops to 0.6% in Q2• Risks persist from insecurity,...
• WEF identifies 37 financial instruments for nature, highlighting 10 as priority solutions delivering both financial returns and ecological outcomes.•...
Most Read
01

From Dakar to Nairobi, Kampala to Abidjan, mobile money has become a lifeline for millions of Africa...

Africa's Boundless Future: How a simple mobile phone became a pocket bank for millions
02

Airtel Gabon, Moov sign deal to share telecom infrastructure Agreement aims to cut costs, boo...

Gabon’s Airtel, Moov to Share Towers Under Govt-Brokered Deal
03

• WAEMU posts 0.9% deflation in July, second month in a row• Food, hospitality prices drop; alcohol,...

WAEMU Region Records Second Straight Month of Deflation, at -0.9% in July 
04

Malawi votes in high-stakes presidential election Tuesday Economic crisis, inflation dominate vot...

Malawi’s Election Puts Incumbent Chakwera to the Test on Inflation and Fuel Shortages
05

Vision Invest invests $700m in Arise IIP, Africa’s largest private infrastructure deal in 202...

Saudi Arabia’s 2025 Shopping List Now Includes Industrial Parks in Africa — With a $700 Million Entry Ticket
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.