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
The $11.5 million deal aims to boost Chad’s imports and food security. It brings Proparco’s total guarantees to Ecobank to €125 million...
Samb’a Assurances Gabon, the first microinsurance company in Central Africa licensed by the Inter-African Conference on Insurance Markets (CIMA), plans to...
The payment covers obligations to major lenders including AfDB, AFD, and IMF. The move helps restore credibility after recent arrears to the World...
Republic of Congo raises $670M through Eurobond issue after 20-year absence Proceeds to refinance short-term debt; 2032 bond priced at...
Most Read
01

The Bank expects a 41% rise in 2025 and a further 6% increase in 2026. Gold topped $4,00...

World Bank sees precious metal prices staying high until 2027
02

Tunisia to launch first fully digital hospital as part of health reform. Project includes AI diag...

Tunisia to Build First Fully Digital Hospital in National Health Overhaul
03

Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...

UAE faces backlash over alleged role in Sudan’s gold and arms trade
04

Lukoil to sell all international assets to Gunvor amid U.S. sanctions Sale includes key oil stake...

Lukoil Agrees to Sell International Assets, African Included, to Swiss Commodities Trader Gunvor
05

With COP30 approaching, the International Renewable Energy Agency is calling for a global goal: to q...

With Costs High, IRENA Urges Global Pact to Quadruple Sustainable Fuel Production
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.