Lobito (Port)

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CMA CGM to Develop New Terminal in Angolas port of Lobito

The CMA CGM Group has signed logistics memorandum of agreements with Multiparques Group, represented by its General Manager Leonel Pinto, on December 18, 2014 in Paris, and in the presence of the French and Angola Foreign Affairs Ministers, Laurent Fabius and George Rebelo Pinto Chicoti. The agreements define the two groups association for the terminal operation, and tend to develop logistics platforms in Angola. Alexis Michel, CMA CGM Group Logistics and Reefer Senior Vice President, said, “Lobito is Angola second port, and its location and train transportation connections make it a strategic entry point in West Africa. This not only allows Benguela and Huambo – two major Angola cities - service, but also thanks to the new railroad renovation, to link the city to the Democratic Republic of Congo and Zambia Copperbelt mining region to the sea. Those different elements promise the Port of Lobito to a great intermodal future.”

Port of Lobito, Angola, receives investment of US$1.247 billion

The dry dock, container terminal and ore terminal at the port of Lobito, in Angola’s Benguela province, costing and estimated US$1.247 billion, were inaugurated by the President of Angola, Angolan news agency Angop reported. The container terminal is 414 metres long, the ore terminal has a 310-metre jetty and the dry dock is directly connected by road and rail to the port of Lobito and the Benguela Railroad, providing an area of 90,000 square meters. The container terminal cost US$673 million, the ore terminal US$522 million and the dry dock US$32 million, and the total investment also included acquisition of a multipurpose tugboat (US$16 million) and a speedboat (US$4 million). The inauguration were included in the meeting of the Economic Commission of the Council of Ministers, chaired Thursday in Lobito by the Angolan President, José Eduardo dos Santos. The connection between sea transport in the port city of Lobito and the Benguela Railroad that runs to the border (Moxico province), is part of Angola’s strategy to attract exports from the Angolan interior as well as from other countries in the sub-region, such as Zambia and the Democratic Republic of Congo. Source: Macauhub