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Sunday, October 23, 2016

Libyan Port's Record Container Throughput

December 27, 2013

This year (2013) Misrata’s non-oil port, situated 124 miles east of the capital Tripoli, has unloaded 208,339 twenty-foot equivalent units (TEUs) of containers, up from 159,634 last year, reports Reuters.

Libya’s third-biggest city, Misrata, has benefited from better security conditions than other parts of the OPEC producer, which has been hit by turmoil since the 2011 toppling of Muammar Gaddafi.

Analysts say, according to Reuters, that apart from better security, Misrata port benefits from a free trade zone offering special benefits for investors such as exemptions from taxes and duties.

Source: Reuters


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