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Rail cargo transportation slipped into a decline
Rail cargo transportation slipped into a decline

Rail cargo transportation slipped into a decline

The total volume of cargo transported by sea in June 2021 amounted to 556 206 tonnes compared to 407 390 tonnes recorded in the preceding month.
Phillepus Uusiku
PHILLEPUS UUSIKU

During June 2021, Namibia transported 975 708 tonnes of cargo through rail, road, air and sea, compared to 810 940 tonnes and 779 139 tonnes that were transported for May 2021 and June 2020, respectively.

Given these developments, the composite cargo index that consists of the above-mentioned modes of transport recorded an increase on a monthly basis of 20.3% in June 2021 compared to a growth of 1.2% registered in May 2021. The index increased by 25.2%, year-on-year.

According to the Namibia Statistics Agency (NSA), the increase on monthly basis emanates from cargo transported through road, air and sea. However, rail cargo transportation slipped into a decline of 4.3%.

The rail cargo index recorded a decline of 4.3% month-on-month compared to an increase of 9.7% registered in May 2021. Furthermore, the index posted a negative growth rate of 14.2%, year-on-year.

The road cargo index registered a monthly increase of 7.5% in June 2021 compared to a negative growth of 27.8% recorded for May 2021. On the other hand, on an annual basis, the index picked up by recording a growth of 23.1% t from a reduction of 25.3% in June 2020, NSA pointed out.

The air cargo index registered a monthly increase of 27.1% in June 2021 compared to a growth of 7.3% recorded for May 2021. Furthermore, on an annual basis, the index increased by recording a growth of 614.1% from a reduction of 83.9% in June 2020.

Sea

The sea-cargo index that consists of sea-landed, sea-shipped and sea trans-shipped recorded a monthly growth rate of 36.5% month-on-month, further up from a growth of 35.5% registered in May 2021. Furthermore, the index increased by 40.0% year-on-year, NSA said.

The sea-landed index recorded a growth rate of 50.4% month-on-month for June 2021. This is an improvement when compared to a growth of 45.7% recorded in the preceding month. Over the year, the index further increased, registering a growth of 91.1%.

The increase observed monthly is mainly accredited to the high volumes for landing of bulk cargo for sulphur and wheat imported through the port of Walvis Bay, NSA pointed out.

The sea-shipped Index registered a monthly growth rate of 21.5% in June 2021, a slowdown from a growth of 27.9% recorded in the preceding month. On annual terms, the sea-shipped index increased, recording a growth of 22.8%.

The increase recorded on a monthly basis is mainly emanating from high volumes of bulk cargo of salt shipped through the port of Walvis Bay for the period ended 30 June 2021.

The sea trans-shipped index, registered a monthly growth rate of 82.8% during the month under review, while a growth rate of 3.7% was recorded in May 2021. On an annual basis, the index declined by 72.0%.

The increase recorded on monthly basis was mainly reflected in the high volumes of trans-shipment for containerized cargo of general equipment’s trans-shipped through the port of Walvis Bay, NSA said.

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Namibian Sun 2024-04-29

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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$ 2 335.73/OZ DOWN -0.001 | Copper US$ 4.57/lb UP +0.63% | Zinc US$ 2 913.40/T UP 1.94% | Brent Crude Oil US$ 88.56/BBP DOWN -0.0045 | Platinum US$ 933.79/OZ UP +2.22% Sport results: Premier League: Nottingham Forest 0 vs 2 Manchester City | Bournemouth 3 vs 0 Brighton | Tottenham Hotspur 2 vs 3 Arsenal | Aston Villa 2 vs 2 Chelsea | Everton 1 vs 0 Brentford | Wolves 2 vs 1 Luton Town | Fulham 1 vs 1 Crystal Palace | Manchester United 1 vs 1 Burnley | Newcastle 5 vs 1 Sheffield United | West Ham 2 vs 2 Liverpool LaLiga: Real Betis 1 vs 1 Sevilla | Villarreal 3 vs 0 Rayo Vallecano | Granada 3 vs 0 Osasuna | Cadiz 1 vs 1 Mallorca | Atletico Madrid 3 vs 1 Athletic Club | Deportivo Alaves 3 vs 0 Celta Vigo | Almería 1 vs 3 Getafe | Las Palmas 0 vs 2 Girona | Real Sociedad 0 vs 1 Real Madrid SerieA: Fiorentina 5 vs 1 Sassuolo | Napoli 2 vs 2 AS Roma | Atalanta 2 vs 0 Empoli | Bologna 1 vs 1 Udinese | Inter Milan 2 vs 0 Torino | SS Lazio 1 vs 0 Hellas Verona | Juventus 0 vs 0 AC Milan | Lecce 1 vs 1 Monza | Frosinone 3 vs 0 Salernitana European Championships Qualifying: Hull City 3 vs 3 Ipswich Town | Millwall FC 1 vs 0 Plymouth Argyle | Blackburn Rovers 0 vs 0 Coventry City | Watford 1 vs 0 Sunderland | Bristol City 2 vs 0 Rotherham United | Huddersfield Town 1 vs 1 Birmingham City | Sheffield Wednesday 3 vs 0 West Bromwich Albion | Norwich City 2 vs 2 Swansea City | Cardiff City 1 vs 4 Middlesbrough | Southampton 0 vs 1 Stoke City | Queens Park Rangers 4 vs 0 Leeds United English Championship: Hull City 3 vs 3 Ipswich Town | Millwall FC 1 vs 0 Plymouth Argyle | Blackburn Rovers 0 vs 0 Coventry City | Watford 1 vs 0 Sunderland | Bristol City 2 vs 0 Rotherham United | Huddersfield Town 1 vs 1 Birmingham City | Sheffield Wednesday 3 vs 0 West Bromwich Albion | Norwich City 2 vs 2 Swansea City | Cardiff City 1 vs 4 Middlesbrough | Southampton 0 vs 1 Stoke City | Queens Park Rangers 4 vs 0 Leeds United Weather: Katima Mulilo: 14° | 31° Rundu: 14° | 31° Eenhana: 15° | 33° Oshakati: 17° | 33° Ruacana: 15° | 33° Tsumeb: 16° | 30° Otjiwarongo: 14° | 29° Omaruru: 17° | 31° Windhoek: 14° | 28° Gobabis: 16° | 29° Henties Bay: 17° | 24° Wind speed: 21km/h, Wind direction: W, Low tide: 12:27, High tide: 06:24, Low Tide: 01:00, High tide: 19:07 Swakopmund: 15° | 18° Wind speed: 13km/h, Wind direction: W, Low tide: 12:25, High tide: 06:22, Low Tide: 00:58, High tide: 19:05 Walvis Bay: 17° | 27° Wind speed: 22km/h, Wind direction: W, Low tide: 12:25, High tide: 06:21, Low Tide: 00:58, High tide: 19:04 Rehoboth: 18° | 29° Mariental: 21° | 32° Keetmanshoop: 23° | 33° Aranos: 20° | 31° Lüderitz: 18° | 28° Ariamsvlei: 22° | 34° Oranjemund: 17° | 26° Luanda: 25° | 30° Gaborone: 15° | 31° Lubumbashi: 11° | 25° Mbabane: 13° | 29° Maseru: 10° | 25° Antananarivo: 15° | 22° Lilongwe: 13° | 27° Maputo: 16° | 29° Windhoek: 14° | 28° Cape Town: 15° | 20° Durban: 19° | 32° Johannesburg: 16° | 25° Dar es Salaam: 24° | 31° Lusaka: 14° | 27° Harare: 11° | 26° Economic Indicators: Currency: GBP to NAD 23.4 | EUR to NAD 20.03 | CNY to NAD 2.58 | USD to NAD 18.7 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.32 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.7 | ZWL to NAD 0.04 | BRL to NAD 3.67 | RUB to NAD 0.2 | INR to NAD 0.23 | USD to DZD 133.98 | USD to AOA 834.06 | USD to BWP 13.71 | USD to EGP 47.88 | USD to KES 134.48 | USD to NGN 1355 | USD to ZAR 18.69 | USD to ZMW 26.5 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 75370.99 Up +1.40% | Namibian Stock Exchange (NSX) Overall Index 1673.12 Up +1.85% | Casablanca Stock Exchange (CSE) MASI 13354.97 Up +0.06% | Egyptian Exchange (EGX) 30 Index 25917.59 Down -3.21% | Botswana Stock Exchange (BSE) DCI 9142.54 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$ 2 335.73/OZ DOWN -0.001 | Copper US$ 4.57/lb UP +0.63% | Zinc US$ 2 913.40/T UP 1.94% | Brent Crude Oil US$ 88.56/BBP DOWN -0.0045 | Platinum US$ 933.79/OZ UP +2.22%