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.
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 President of the Popular Democratic Movement (PDM) says NamPort is one of the few parastatals without major corporate governance erosion.
McHenry Venaani made the remarks as he concluded his familiarisation visit to the coast.
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 Port of Antwerp-Bruges and Namport will jointly build a green hydrogen supply chain between Namibia and Europe via the Port of Walvis Bay.
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.
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.
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.
