Select Page

Namport continues to record positive growth

Namport continues to record positive growth

With only one month left of its financial year, the Namibian Ports Authority (Namport) recently announced an increase of 252 (24%) vessel calls from April 2021 to January 2022, in comparison to the same period in 2020/2021’s financial year.

The increase in vessel calls was predominantly due to increased petroleum vessels, Namibian and foreign fishing vessels, foreign tugs, and research vessels. An increase of 16% is also noted in vessel gross tonnages.

The Ports Authority in a Namport Quayside Bulletin for February bulletin also announced an increase in its Bulk and Break Bulk (BBB) volumes with an improvement of 173,587 tonnes (5%), year on year. The growth is mainly due to increased exports of 251,334 tonnes (20%) of commodities such as marble, ship spares, petroleum products, and bulk salt, the company said.

Meanwhile, during the past two decades, Namport has recorded substantial growth, in both size and significance, from a minor national port to a key regional and international role player.

With its recent substantial infrastructural investment in expanding the facilities and its capabilities at the Port of Walvis Bay, it is set to increase its relevance even more.

According to the Ports Authority, they are well on the trajectory of realizing their vision of becoming the best performing seaports in Africa.


 

About The Author

The Staff Reporter

The staff reporter is the most senior in-house Economist reporter. This designation is frequently used by the editor for articles submitted by third parties, especially businesses, but which had to be rewritten completely. - Ed.