Namport's Chief Executive Officer has announced that the businesses operating at the Walvis Bay waterfront will be relocated to another area to better combine maritime activities with recreational and tourism activities.

Namports' Chief Executive Officer says global growth is expected to slow from 6% in 2021 to 3% this year. It is further expected to decline to 2% in 2023.

Despite the effects of the COVID-19 pandemic on the logistics industry, Namport's revenue increased by 11% for the fiscal year 2021–2022.

The company's revenue increased from N$1.11 billion during the previous financial year to N$1.23 billion.