DP World to Build, Manage Congolese Deepwater Port

Posted by Joseph Keefe
Wednesday, March 21, 2018
Dubai ports operator DP World will build and manage a new deepwater port on Democratic Republic of Congo's Atlantic coast, the Central African country's transportation minister said on Wednesday.

Jose Makila told reporters that DP World would hold a 70 percent ownership stake in the port at Banana while the government would control 30 percent.

Reporting By Amedee Mwarabu 

Categories: Container Ships Finance Government Update Intermodal Ports

Related Stories

China Sanctions Five US-Linked Units of South Korea’s Hanwha Ocean

China Strikes Back: Additional Port Fees for US Ships from Mid-October

Uncertainty Mounts as U.S. Port Fees on Chinese-Built Ships Near Deadline

Current News

NYK and Port of Duqm Collaborate on Development

Croatia Inaugurates Rijeka Container Terminal as Regional Hub

Port of Gothenburg on Track for All-Time High in TEU Handling

United Seamen’s Service Celebrates 56th Admiral of the Ocean Sea Awards

Subscribe for Maritime Logistics Professional E‑News