Africa Investments 

Namibia: Walvis Bay port now a regional logistic hub as new container terminal runs at full capacity

The new container terminal at the Namibian Port of Walvis Bay, built between 2014 and 2019, gives the country a high-end port facility. The terminal, commissioned in August 2019, is now fully operational, according to a report by the African Development Bank published on 3 September 2020.

Constructed on 40 hectares of land reclaimed from the ocean as part of a nearly $300 million project, the expansion has steered  Walvis Bay towards becoming a logistics hub for southern Africa that aims to meet the growing demand for freight ,while promoting new maritime access to serve the landlocked countries of the Southern Africa Development Community (SADC). The African Development Bank provided a ZAR 2,982 million loan representing over 70% of the project funding.

The works included the dredging over 3.9 million cubic metres of sand, used partly for the reclamation, construction of a 600-metre quay wall, the laying of 304,000 square metres of paved surface and the construction of a workshop and administrative buildings. It also entailed the installation of four ship-to-shore (STS) cranes, the construction of a one-kilometre road, the laying of 2.3 km of rail lines, and the installation of service networks. The facility’s electricity supply was also successfully upgraded, the report noted.

“Overall, the project has fully achieved its goals,” the report said, increasing the terminal’s capacity from 355,000 TEUs (20-foot equivalent unit) to 750,000 TEUs yearly. It has also reduced vessel waiting time to less than 8 hours and cut container transit time from 14.5 days to 9.5 days. 

Expanded activities required the training of seven pilots and 26 ship-to-shore crane operators, including one woman.

The demand for services from the port of Walvis Bay has increased by about 8% following the commissioning of the new terminal, the report notes. Cargo volumes, revenues and income from other services (maritime, port, berth and light dues, and other storage and handling fees) are expected to increase by at least 8% in 2020 and 2021. After that, growth should reach 5% yearly the report projects.

The project completion reporting team was led by Richard Malinga, Bank Principal Transport Engineer and Task Manager for the project.

The Walvis Bay expansion aligns with the Bank’s High-5 strategic priorities, including promoting the integration of Africa.

Follow and like us:

Related posts

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

RSS
Follow by Email