Guinea Opens Box Port in UAE Bauxite Complex
Guinea opened a new container terminal on Wednesday, part of a bauxite complex being developed in the West African country by Abu Dhabi investment fund Mubadala. Mubadala signed a $5 billion agreement with Guinea in 2013 to develop a bauxite mine, alumina refinery and a port in Guinea to secure raw material for the United Arab Emirate's aluminium plants. The terminal in the new port of Kamsar will be used by the complex as well as by third parties as an alternative to container facilities in Conakry. "This project remains an important milestone for my development programme for Guinea," President Alpha Conde said in a statement. Guinea has around seven billion tonnes of bauxite resources, over a quarter of the global total, the statement said.
Keel Laying Ceremonies Held at Dempo Shipbuilding
The keel laying function for a 2000 DWT barge (Yard No 356 & 357) for M/s M Pallonji & Cooperation Pvt Ltd, Mumbai, was held at Dempo Shipbuilding & Engineering Pvt Ltd, Baiguinim, Old Goa. The pooja was performed by Mr Yatish S Dempo, Director, Dempo Shipbuilding & Engineering Pvt Ltd. Among the dignitaries present were Mr Hariharan, Principal IRS Surveyor, Mr B T Boke, General Manager (Human Resource) Dempo Company and Mr Sanjeev A Kanekar, Deputy General Manager. Meanwhile, the keel laying function for 2200 DWT Barge (Yard No 369 & 370) for M/s Adani Exports Ltd, Ahmedabad was held on Monday (May 22) at Dempo Shipyard Pvt Ltd, Bandora, Undir, Ponda.
