APM Terminals Signs Agreement to Operate Luanda, Angola Container Terminal

Tuesday, July 31, 2007
Executives from APM Terminals and Gestao de Fundos, an Angolan-based company have signed a 20 year concession agreement with the government of Angola to operate the country’s main container port. A joint venture named Sogester, based in Luanda, Angola, will be the local company of record, operating the container terminal. Angola is a large producer of oil and has a fast growing economy with double digit GDP growth expected to continue in the years ahead. Major infrastructure investment is underway in the oil/gas and related industries and there is continued development of hinterland road and rail links to further stimulate economic development and international trade.
Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

Algeria in Talks to Export Crude to Venezuela

Algeria is in talks to export crude oil to fellow OPEC member Venezuela, Algerian Energy Minister Youcef Yousfi said on Tuesday, confirming a Reuters report. Last week,

New Shipping Agency Enters the Market

Newly formed shipping agency Wave Shipping aims to bring change to current industry practice with its differentiated value proposition Founded by Lars Rosenkrands,

Tankship-specific Version of FindaportCD Released

Harbour & terminal information providers, Shipping Guides Ltd, says its latest tanker-specific  addition enables customers to access the most comprehensive port

Navy

Today in U.S. Naval History: September 2

Today in U.S. Naval History - September 2 1918 - Navy ships and crews assist earthquake victims of Yokohama and Tokyo, Japan 1940 - Destroyer-for-Bases agreement between U.

STS Young Endeavour Prepares for World Voyage

The Royal Australian Navy operated Sail Training Ship, Young Endeavour, is undergoing maintenance work in preparation for a 12-month world circumnavigation. It

Newport News Selects Paramarine Design Software

QinetiQ’s Paramarine Ship and Submersible Design Software has been selected by Newport News Shipbuilding (NSS) as its primary naval architectural software. QinetiQ

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Pod Propulsion Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1112 sec (9 req/sec)