Public Management

Port of Maputo hit record traffic of 21 million tons in 2019

Port of Maputo hit record traffic of 21 million tons in 2019
Friday, 14 February 2020 13:18

The port of Maputo, the largest in Mozambique, continues to improve its operational performance. In 2019, the platform handled 21 million tons of cargo, setting a new record after the 19.5 million tons in 2018.

According to the port's management, this 8% growth was mainly driven by the processing of higher volume of chromium, and the increase in the number of containers and volume of magnetite. Of the total volumes handled, chromium accounted for 30% of traffic or 6.4 million tons.

Following the extension of the container terminal, container traffic grew by a 53% compared with 2018, reaching 162,000 TEUs. This was helped by the acquisition of new equipment for processing cargo such as the two new mobile port cranes, loaders, tractors, digger, etc.

In 2020, with the completion of the dock rehabilitation project (first phase to be delivered in May 2020 and second phase in July 2020), further growth and increased efficiency in cargo handling is expected. This rehabilitation will not only create docks with a draft of up to 16 meters but will also improve occupancy rates by creating a larger docking area.

Romuald Ngueyap

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
SA FinTech credit surged 38% to $2.9B (R55B), challenging banks' core market and projected to hit $17.7B (R337B) revenue by 2030. Foreign...
A third party is willing to assume Zambia’s $45 million debt to Afreximbank, potentially unlocking the country’s five-year debt restructuring...
COBAC places Nofia S.A. under administration amid broader MFI crackdown in Cameroon Reforms target governance and internal controls; several MFIs...
EKH to sell 63.39% stake in Delta Insurance to Morocco’s Wafa Assurance Deal values Delta at EGP 5 billion; subject to regulatory...
Most Read
01

Sonatel is a major telecom company in West Africa that investors trust, offering steady growth and...

Sonatel Stock Nearly 19% Rise Over the Year, Signals Undervalued Telecom Giant Poised for Further Growth
02

Wave launches Wave Bank Africa in Côte d'Ivoire with $32M capital Move follows €117M fu...

Wave Launches Commercial Bank in Côte d’Ivoire
03

Cameroon's Constitutional Council declared Paul Biya the winner of the presidential election, secu...

Presidential Elections: Paul Biya Declared Winner in Cameroon, Alassane Ouattara Favorite in Ivory Coast
04

ECOWAS will integrate AI into its early warning systems to strengthen crime prevention and intelli...

ECOWAS Deploys Artificial Intelligence to Combat Organized Crime
05

NGE wins two contracts for sanitation, coastal protection in Senegal Projects target Dakar’s Hann...

Senegal Selects French Group NGE for Two Environmental and Heritage Projects
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.