Namibian new box terminal becomes fully operational
The new container terminal at the Namibian Port of Walvis Bay,
built between 2014 and 2019 and commissioned in August 2019, is now fully
Expansion has steered Walvis Bay towards becoming a logistics
hub for southern Africa
Constructed on 40,000m2 of land reclaimed from
the ocean as part of a nearly US$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.
The African Development Bank provided a US$178,000 loan
representing over 70% of the project funding.
The works included the dredging over 3.9 million m3 of
sand, used partly for the reclamation, construction of a 600m quay wall, the
laying of 304,000m2 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 1km road, the laying of 2.3km of rail lines, and
the installation of service networks, while the report also noted that the
facility’s electricity supply was also successfully upgraded.
The terminal increased its capacity from 355,000TEU to
750,000TEU annually, while it has also reduced vessel waiting time to less than
eight hours and cut container transit time from 14.5 days to 9.5 days.
The demand for services from the port of Walvis Bay increased by
about 8% following the commissioning of the new terminal
The demand for services from the port of Walvis Bay has
increased by about 8% following the commissioning of the new terminal, the
report added and forecasted that cargo volumes, revenues and income from other
services (maritime, port, berth and light dues, and other storage and handling
fees) will increase by at least 8% in 2020 and 2021.