San Pedro (Port)
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MSC signs San Pedro concession agreement
Mediterranean Shipping Company (MSC) and San Pedro Port have signed a 35-year concession agreement for the expansion of the San Pedro Container Terminal in Côte d’Ivoire. With a total initial investment of CFA300bn (€460m), the project will allow the port to handle 14,000 teu ships and benefit from new shipping technologies, facilitating transhipment operations and generating opportunities to foster development. Following the initial phase, where the existing infrastructure will be developed and expanded by San Pedro Port, MSC’s investment, expected to be around CFA130bn (€195m), will be allocated to superstructure and ultra-modern equipment. - See more at: http://www.portstrategy.com/news101/world/africa/msc-signs-san-pedro-concession-agreement#sthash.qiFgTVcR.dpuf
MSC Signs 35-Year Deal To Run Terminal At Ivory Coast’s Port of San Pedro
Mediterranean Shipping Company (MSC) has signed a 35-year concession agreement with Ivory Coast’s second port of San Pedro to operate its container terminal as part of a deal to upgrade the facility, the Swiss shipping company said on Tuesday. Ivory Coast is the world’s leading producer of cocoa, and over half of its total output is exported via the port of San Pedro, which is located near the main western growing regions. The country’s main port is Abidjan, which is one of the region’s busiest. Investments for upgrades to the port will total nearly 300 billion CFA francs ($510 million), including around 130 billion CFA francs from MSC, the company said in a statement. The Ivorian government said last year that the Bilal Group would partner with the Port of San Pedro and MSC on the project, which includes the displacement and extension of the port’s container terminal. MSC said that the improvements would allow cargo vessels with a capacity of 14,000 twenty-foot equivalent units (TEU) to berth in San Pedro and help it to become one of West Africa’s most competitive transhipment hubs. http://www.shippingherald.com/msc-signs-35-year-deal-to-run-terminal-at-ivory-coasts-second-port/
Ivory Coast cocoa port arrivals halted for several days
Ivory Coast cocoa exporters said they had not received cocoa bean deliveries from inland farms for several days because many buyers have been temporarily blocked out of a booking system. The 2016/17 cocoa season began last week and international traders are keeping a close eye on port arrivals to gauge supplies from the world’s top grower. “We have not received beans because the suppliers are not up to date and therefore don’t have system access,” said an Abidjan-based exporter, referring to the SYDORE booking system. Exporters in the two main ports of San Pedro and Abidjan said that the cleaning and drying of beans in preparation for export had halted due to the lack of deliveries. http://www.hellenicshippingnews.com/ivory-coast-cocoa-port-arrivals-halted-for-several-days-exporters/
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