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The Port of Walvis Bay has become a popular destination for major shipping lanes.
The Port of Walvis Bay has become a popular destination for major shipping lanes.

Walvis Bay becomes top fuel stop for large ships forced to sail around the Cape

NEWS24



The Namibian port of Walvis Bay or Port Louis in Mauritius are “top options” for filling up if there’s a need en route, shipping giant A.P. Moller - Maersk said in a reply to questions. The company still prefers to bunker at the start or end of a route.



Walvis Bay is a convenient stop because it requires minimal deviation by shipping lines, according to Simone Piredda, a senior trader at Monjasa. Initially, it was mainly container lines re-routing around the Cape of Good Hope, but they have been followed by tankers, bulkers and other cargo vessels.



Those detours come at a cost: going the long way around Africa can add roughly 8 000 kilometers to voyages.





Trafigura’s TFG Marine advertises on its website that it’s “on hand to provide fuel supplies to all vessels diverted from the Suez Canal,” and lists operations in Walvis Bay and Algoa Bay in South Africa.



“TFG Marine continues to serve its clients in East, West and South Africa,” a spokesperson for the company said in an emailed reply, while declining to comment on volume projections.



Transnet provided an initial estimate of lost revenue as a result of the critical situation at the Durban port, which is vital for South Africa’s economy as it handles about 60% of the country’s container volumes/traffic. The port facilitates the import and export of vehicles, agricultural goods, minerals and general goods.



Delays and congestion at the port worsened from October, with Transnet blaming adverse weather conditions in Durban for causing its aging port infrastructure (various grades of cranes) to break down even further. Some of these facilities have reached the end of their 15-year life cycle, the Daily Maverick reported last year November.



Earle Peters, the managing executive of Transnet Port Terminals (the division at Transnet that operates other ports in Richards Bay, Cape Town, Saldanha Bay, Gqeberha, East London and Mossel Bay), stressed that the situation at the port remains fluid and changes daily.



-additional reporting by Daily Maverick

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Namibian Sun 2024-05-21

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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 427.86/OZ UP +0.06% | Copper US$ 5.08/lb UP +0.11% | Zinc US$ 3 187.00/T UP 1.85% | Brent Crude Oil US$ 83.05/BBP DOWN -0.0108 | Platinum US$ 1 054.75/OZ UP +0.47% Sport results: Premier League: Sheffield United 0 vs 3 Tottenham Hotspur | Crystal Palace 5 vs 0 Aston Villa | Brentford 2 vs 4 Newcastle | Brighton 0 vs 2 Manchester United | Liverpool 2 vs 0 Wolves | Burnley 1 vs 2 Nottingham Forest | Luton Town 2 vs 4 Fulham | Manchester City 3 vs 1 West Ham | Arsenal 2 vs 1 Everton | Chelsea 2 vs 1 Bournemouth LaLiga: Barcelona 3 vs 0 Rayo Vallecano | Cadiz 0 vs 0 Las Palmas | Granada 1 vs 2 Celta Vigo | Mallorca 2 vs 2 Almería | Atletico Madrid 1 vs 4 Osasuna | Villarreal 4 vs 4 Real Madrid | Valencia 1 vs 3 Girona | Real Betis 0 vs 2 Real Sociedad | Athletic Club 2 vs 0 Sevilla | Deportivo Alaves 1 vs 0 Getafe SerieA: Bologna 3 vs 3 Juventus | Salernitana 1 vs 2 Hellas Verona | AS Roma 1 vs 0 Genoa | Inter Milan 1 vs 1 SS Lazio | Monza 0 vs 1 Frosinone | Udinese 1 vs 1 Empoli | Sassuolo 0 vs 2 Cagliari | Torino 3 vs 1 AC Milan | Lecce 0 vs 2 Atalanta Weather: Katima Mulilo: 10° | 30° Rundu: 10° | 29° Eenhana: 12° | 31° Oshakati: 13° | 30° Ruacana: 12° | 31° Tsumeb: 13° | 28° Otjiwarongo: 12° | 26° Omaruru: 15° | 28° Windhoek: 11° | 25° Gobabis: 12° | 26° Henties Bay: 18° | 34° Wind speed: 47km/h, Wind direction: NE, Low tide: 08:08, High tide: 02:03, Low Tide: 20:12, High tide: 14:33 Swakopmund: 19° | 27° Wind speed: 23km/h, Wind direction: E, Low tide: 08:06, High tide: 02:01, Low Tide: 20:10, High tide: 14:31 Walvis Bay: 22° | 34° Wind speed: 25km/h, Wind direction: SE, Low tide: 08:06, High tide: 02:00, Low Tide: 20:10, High tide: 14:30 Rehoboth: 12° | 26° Mariental: 15° | 28° Keetmanshoop: 17° | 29° Aranos: 14° | 28° Lüderitz: 17° | 33° Ariamsvlei: 17° | 31° Oranjemund: 12° | 22° Luanda: 23° | 26° Gaborone: 12° | 25° Lubumbashi: 12° | 27° Mbabane: 11° | 22° Maseru: 9° | 25° Antananarivo: 10° | 17° Lilongwe: 13° | 27° Maputo: 17° | 25° Windhoek: 11° | 25° Cape Town: 15° | 19° Durban: 17° | 24° Johannesburg: 15° | 23° Dar es Salaam: 22° | 23° Lusaka: 14° | 25° Harare: 11° | 24° Economic Indicators: Currency: GBP to NAD 22.95 | EUR to NAD 19.62 | CNY to NAD 2.5 | USD to NAD 18.09 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.3 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.69 | ZWL to NAD 0.04 | BRL to NAD 3.54 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 134.02 | USD to AOA 847.42 | USD to BWP 13.51 | USD to EGP 46.6 | USD to KES 130.98 | USD to NGN 1529.85 | USD to ZAR 18.09 | USD to ZMW 25.87 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 80073 Up +0.68% | Namibian Stock Exchange (NSX) Overall Index 1765.72 Up +0.63% | Casablanca Stock Exchange (CSE) MASI 13444.34 Up +0.14% | Egyptian Exchange (EGX) 30 Index 27228.85 Down -0.32% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 427.86/OZ UP +0.06% | Copper US$ 5.08/lb UP +0.11% | Zinc US$ 3 187.00/T UP 1.85% | Brent Crude Oil US$ 83.05/BBP DOWN -0.0108 | Platinum US$ 1 054.75/OZ UP +0.47%