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Namport and Port of Antwerp-Bruges sign MoU

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The Namibian Port Authority (Namport), Cleanergy Solutions Namibia, and the Port of Antwerp-Bruges signed a memorandum of understanding to develop the first-ever hydrogen-powered vessel to operate in Namibian waters.

Additionally, Namport and the port of Antwerp-Bruges signed an agreement focusing on the development of the north port of Walvis Bay.

Namibia is set up to play a key role in the global energy transition, with a pioneering position in renewable energy, and natural resources, given its strategic geographical position. 

Namport clinch deal to have cruise liners spend more days at Walvis Bay to boost tourism

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Namport has clinched a deal that will see six passenger cruise liners spend more days at Walvis Bay in October to boost tourism.

Normally, these cruise liners dock at the harbour for less than a day, spending less money on the local economy.

The Erongo Tourism Forum is making deliberate efforts to boost passenger cruise liner tourism.

In the past, Namport targeted 25 passenger cruise liners to dock at the harbour annually.

This number has, however, increased since the devastating impact of COVID-19 on the industry.

Passenger vessels at Namibian ports increase

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There has been an increase of 87% in passenger vessels at the ports compared to the 2021/22 financial year.

When passenger liners dock at the Walvis Bay harbor, tour guide operators get excited as such vessels bring relief to tourism businesses that were affected during the COVID-19 pandemic.

The Namibian Ports Authority has recorded a major increase in passenger's vessels in the 2022/23 financial year, surpassing the numbers recorded in the past four financial years.

Namport Announces Increases in Handling of Salt Consignments

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The Namibian Ports Authority has handled the exportation of 110,900 metric tons of salt consignments at its Walvis Bay Port over the past eight days.

A media statement issued by Namport's Acting Executive for Commercial Services, Elisa Hasheela, indicates that the Bold Mariner, a vessel sailing under the flag of Panama that loaded 45 thousand tonnes of bulk salt, was the first of four vessels that docked at the port on the 8th of December before heading to its port of call in Lagos, Nigeria.

Global growth expected to slow down this year-Andrew Kanime

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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.

Kanime says, as a result, rising inflation rates pose a serious risk to the company's future, particularly acute in the US and Europe, where authorities are tightening general financial conditions and fiscal spending in response to the growing need to contain runaway inflation.

In the case of China, he says, this has been aggravated by its zero-tolerance policy for COVID-19, which has seen continued lockdowns.

Namport revenue increases by 11%

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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. 

The chief executive officer of Namport says the financial year under review included mixed fortunes for the state enterprise.

Andrew Kanime indicated that the impact of the COVID-19 pandemic resulted in a shortage of vessels for Namibian ports.

A Swiss company to operate and manage new container terminal at the Walvis Bay harbour

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A Swiss company, Terminal Investment Limited, has been selected to operate and manage the new container terminal at the Walvis Bay harbour.

The largest shipping line in the world, Mediterranean Shipping Company, is the main shareholder in the company.

Announcing the news to the media at Walvis Bay, Namport Chief Executive Officer, Andrew Kanime, expressed confidence in the Geneva-based company.