Investments to drive Walvis port capacity
Investments to drive Walvis port capacity

Investments to drive Walvis port capacity

Zambia was the dominant market for transit cargo and accounted for 51.8% of all inbound transit cargo via the port in 2017.
NAMPA
SWAKOPMUND - The capacity of the Port of Walvis Bay is expected to increase as a result of ongoing investment projects, thus greater attention is required in managing international logistics sustainably.

This is to ensure that Namibia becomes a logistics hub for the Southern African Development Community region by 2025.

The first ever Namibia State of Logistics (NSoL) Report for 2018 released by the Walvis Bay Corridor Group this week said the growth trajectory of the main components of the gross domestic product more or less followed a similar path.

It indicated that 2018 throughput at the Port of Walvis Bay showed improvement of volumes in September, surpassing 2017 figures by 6 159 metric tonnes.

This represents a significant increase of 9.2% from 66 769 tonnes in September 2017 to 72 928 tonnes in September 2018.

Namibia’s performance in areas such as trade, community involvement, documents, automation and information availability improved over the 2015-2017 period, although there was a decline in appeals procedures as well as in governance and impartiality based on the trade facilitation indicators.

The report also highlighted that the Port of Walvis Bay handled 93.1% of total cargo (gross tonnage) transiting to and from neighbouring countries in 2017 with Zambia, Angola, Democratic Republic of Congo, Botswana and Zimbabwe being the main markets for transit cargo by volume.

Zambia was the dominant market for transit cargo and accounted for 51.8% of all inbound transit cargo via the port in 2017, up from 47.9% in 2016, which represents a 50.9% increase in the volume of imports to that country.

Similarly, Zambian exports comprising mostly copper and wood products accounted for 85.7% of total outbound transit cargo by volume (metric tonnes), up from 72.5% in 2016.

The report also said Namibia’s track railway network transports approximately 1.2 billion tonnes of cargo annually. - Nampa

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Namibian Sun 2024-05-16

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Premier League: Manchester United 3 vs 2 Newcastle | Brighton 1 vs 2 Chelsea | Tottenham Hotspur 0 vs 2 Manchester City | Aston Villa 3 vs 3 Liverpool LaLiga: Celta Vigo 2 vs 1 Athletic Club | Getafe 0 vs 3 Atletico Madrid | Sevilla 0 vs 1 Cadiz | Rayo Vallecano 2 vs 1 Granada | Girona 0 vs 1 Villarreal | Real Madrid 5 vs 0 Deportivo Alaves | Osasuna 1 vs 1 Mallorca | Barcelona 2 vs 0 Real Sociedad SerieA: Fiorentina 2 vs 1 Monza | Lecce 0 vs 2 Udinese Katima Mulilo: 11° | 31° Rundu: 11° | 30° Eenhana: 11° | 31° Oshakati: 13° | 30° Ruacana: 13° | 30° Tsumeb: 14° | 28° Otjiwarongo: 12° | 27° Omaruru: 14° | 28° Windhoek: 11° | 26° Gobabis: 13° | 26° Henties Bay: 19° | 35° Wind speed: 42km/h, Wind direction: E, Low tide: 04:48, High tide: 10:54, Low Tide: 16:42, High tide: 23:24 Swakopmund: 20° | 26° Wind speed: 26km/h, Wind direction: S, Low tide: 04:46, High tide: 10:52, Low Tide: 16:40, High tide: 23:22 Walvis Bay: 23° | 34° Wind speed: 34km/h, Wind direction: SE, Low tide: 04:46, High tide: 10:51, Low Tide: 16:40, High tide: 23:21 Rehoboth: 12° | 26° Mariental: 15° | 28° Keetmanshoop: 18° | 29° Aranos: 15° | 28° Lüderitz: 19° | 35° Ariamsvlei: 19° | 31° Oranjemund: 14° | 26° Luanda: 25° | 26° Gaborone: 15° | 29° Lubumbashi: 11° | 27° Mbabane: 14° | 28° Maseru: 10° | 24° Antananarivo: 12° | 22° Lilongwe: 14° | 28° Maputo: 17° | 30° Windhoek: 11° | 26° Cape Town: 16° | 20° Durban: 18° | 25° Johannesburg: 15° | 25° Dar es Salaam: 23° | 32° Lusaka: 15° | 27° Harare: 12° | 25° Currency: GBP to NAD 22.99 | EUR to NAD 19.75 | CNY to NAD 2.52 | USD to NAD 18.18 | DZD to NAD 0.14 | 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 0.72 | ZWL to NAD 0.04 | BRL to NAD 3.54 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 133.9 | USD to AOA 847.42 | USD to BWP 13.53 | USD to EGP 46.85 | USD to KES 130.48 | USD to NGN 1520 | USD to ZAR 18.18 | USD to ZMW 25.1 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 79361.57 Up +0.93% | Namibian Stock Exchange (NSX) Overall Index 1732.62 Up +1.27% | Casablanca Stock Exchange (CSE) MASI 13421.4 Down -0.59% | Egyptian Exchange (EGX) 30 Index 25316.08 Down -0.09% | Botswana Stock Exchange (BSE) DCI 9151.06 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$ 2 382.12/OZ DOWN -0.0041 | Copper US$ 4.83/lb DOWN -0.0139 | Zinc US$ 2 976.50/T DOWN -0.23% | Brent Crude Oil US$ 83.47/BBP UP +0.24% | Platinum US$ 1 056.88/OZ DOWN -0.0121 Sport results: Premier League: Manchester United 3 vs 2 Newcastle | Brighton 1 vs 2 Chelsea | Tottenham Hotspur 0 vs 2 Manchester City | Aston Villa 3 vs 3 Liverpool LaLiga: Celta Vigo 2 vs 1 Athletic Club | Getafe 0 vs 3 Atletico Madrid | Sevilla 0 vs 1 Cadiz | Rayo Vallecano 2 vs 1 Granada | Girona 0 vs 1 Villarreal | Real Madrid 5 vs 0 Deportivo Alaves | Osasuna 1 vs 1 Mallorca | Barcelona 2 vs 0 Real Sociedad SerieA: Fiorentina 2 vs 1 Monza | Lecce 0 vs 2 Udinese Weather: Katima Mulilo: 11° | 31° Rundu: 11° | 30° Eenhana: 11° | 31° Oshakati: 13° | 30° Ruacana: 13° | 30° Tsumeb: 14° | 28° Otjiwarongo: 12° | 27° Omaruru: 14° | 28° Windhoek: 11° | 26° Gobabis: 13° | 26° Henties Bay: 19° | 35° Wind speed: 42km/h, Wind direction: E, Low tide: 04:48, High tide: 10:54, Low Tide: 16:42, High tide: 23:24 Swakopmund: 20° | 26° Wind speed: 26km/h, Wind direction: S, Low tide: 04:46, High tide: 10:52, Low Tide: 16:40, High tide: 23:22 Walvis Bay: 23° | 34° Wind speed: 34km/h, Wind direction: SE, Low tide: 04:46, High tide: 10:51, Low Tide: 16:40, High tide: 23:21 Rehoboth: 12° | 26° Mariental: 15° | 28° Keetmanshoop: 18° | 29° Aranos: 15° | 28° Lüderitz: 19° | 35° Ariamsvlei: 19° | 31° Oranjemund: 14° | 26° Luanda: 25° | 26° Gaborone: 15° | 29° Lubumbashi: 11° | 27° Mbabane: 14° | 28° Maseru: 10° | 24° Antananarivo: 12° | 22° Lilongwe: 14° | 28° Maputo: 17° | 30° Windhoek: 11° | 26° Cape Town: 16° | 20° Durban: 18° | 25° Johannesburg: 15° | 25° Dar es Salaam: 23° | 32° Lusaka: 15° | 27° Harare: 12° | 25° Economic Indicators: Currency: GBP to NAD 22.99 | EUR to NAD 19.75 | CNY to NAD 2.52 | USD to NAD 18.18 | DZD to NAD 0.14 | 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 0.72 | ZWL to NAD 0.04 | BRL to NAD 3.54 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 133.9 | USD to AOA 847.42 | USD to BWP 13.53 | USD to EGP 46.85 | USD to KES 130.48 | USD to NGN 1520 | USD to ZAR 18.18 | USD to ZMW 25.1 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 79361.57 Up +0.93% | Namibian Stock Exchange (NSX) Overall Index 1732.62 Up +1.27% | Casablanca Stock Exchange (CSE) MASI 13421.4 Down -0.59% | Egyptian Exchange (EGX) 30 Index 25316.08 Down -0.09% | Botswana Stock Exchange (BSE) DCI 9151.06 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$ 2 382.12/OZ DOWN -0.0041 | Copper US$ 4.83/lb DOWN -0.0139 | Zinc US$ 2 976.50/T DOWN -0.23% | Brent Crude Oil US$ 83.47/BBP UP +0.24% | Platinum US$ 1 056.88/OZ DOWN -0.0121