• 2017 December 25 09:33

    Port of Antwerp to temporarily manage port of Cotonou

    Port of Antwerp International (PAI), the consultancy and investment subsidiary of Antwerp Port Authority, has been appointed by the Council of Ministers of the West African country of Benin to modernise the port of Cotonou, the port of Antwerp says in a press release. This port is the economic heart of Benin, handling an annual freight volume of around 12 million tonnes. In the longer term, the port authority wants the port to grow further, but both the infrastructure and the organization are outdated. The government therefore decided to temporarily outsource the management of the port.

    “We are delighted that the Benin government has opted for the expertise and knowhow of Antwerp,” says port alderman Marc Van Peel, who is also chairman of PAI. “With our subsidiaries APEC and PAI we have been working for a long time on the passing on and sharing of knowledge and experience, in order to strengthen the worldwide network of our port and to ensure that Antwerp is and remains top of mind at the international level of decision makers in the maritime world ”, says Van Peel.

    The importance of West Africa for the port of Antwerp can hardly be underestimated. Antwerp has the highest proportion of direct services to West Africa of all ports in Northwest Europe, which translates into a market share of almost 50%.

    PAI is certainly not an unknown player in Benin. This investment subsidiary of Antwerp Port Authority already carried out various consultancy tasks in the port of Cotonou in 2017. The port has a strategic importance in the region, as it is also one of the main gateway ports for the sub-region, in particular the countries of Burkina Faso, Niger and Mali.

    To further expand and strengthen this position, the government decided to temporarily outsource the management of the port, so that a reformed port authority could fully compete with the surrounding ports. After a selection procedure and negotiations, an agreement with PAI was reached.

    At the beginning of January, PAI signs the agreement in Cotonou. “Our main task will be to modernise the port authority in organisational terms, renovate the obsolescent facilities and prepare for and guide the expansion of the port,” declared Kristof Waterschoot, managing director of PAI. In the short term PAI will take over some key functions within the port authority, in order to study the processes from the inside.

    PAI now seeks to recruit eight expats who will carry out the task on the ground. “For example we’re looking for a CEO and a Chief Financial Officer, but we have the explicit aim under the terms of our remit to organise management training courses for local managers, to prepare them for a gradual transfer of these key functions,” explained Waterschoot. For this purpose PAI will among others call upon APEC, the training centre for the port of Antwerp.

    PAI is a fully owned subsidiary of Antwerp Port Authority. Its core task is to exploit Antwerp’s knowhow and reputation around the world, by means of consultancy tasks, management tasks or the acquisition of participations.




2019 February 19

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17:50 Throughput of port Kavkaz in Jan’2019 fell by 8% Y-o-Y to 1.82 million tonnes
17:26 Moody´s upgrades Hapag-Lloyd credit rating to B1
17:03 Jan De Nul and Government of the People’s Republic of Bangladesh enter into agreement for the development and dredging of access channels, turning basins, anchorages and berthing areas
16:29 TMA Logistics, CTU and VCL join forces to establish Amsterdam-Utrecht-Rotterdam-Corridor
16:21 NIBULON shipbuilders finish constructing a series of POSS-115 Project tugs
16:03 MOL conducts underwater drone demonstration test for vessel bottom inspection
15:25 Wärtsilä’s propeller cap EnergoProFin listed in EcoAction Program
15:02 ICTSI's Matadi Gateway Terminal unlocks shipping system benefits
14:40 2nd conference on transportation of dangerous cargoes to address application of IMDG Code and ADR Agreement in Russia
14:02 Havyard to deliver ship design for further two cargo vessels for Royal Arctic Line
13:33 Ecochlor announces BWMS retrofit contract with Alaskan Tanker Company
13:02 GTT notified by Samsung Heavy Industries for the tank design of a new LNG carrier for Navigare
12:30 Gas4Sea partners and Equinor signed an LNG bunkering agreement
12:24 Social allocations of Multipurpose Reloading Complex grew by 22% YoY to RUB 3.8 million in 2018
12:01 Rail traffic at the Port of Gothenburg up to 398,000 TEUs in 2018
11:43 International best practices are introduced at ASCO to protect sailors health
11:41 Port of Hamburg sets record for seaport-hinterland rail traffic in 2018
11:39 IMO’s Sub-Committee on Pollution Prevention and Response meets this week
11:18 Concordia Damen celebrates naming of innovative Sendo Liner
11:15 ASCO hosted a training course for instructors
10:47 24 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on February 18-19
10:22 ABP bolsters business with paper company joining Port of Hull
09:58 Brent Crude futures price is down 0.42% to $66.22, Light Sweet Crude – down 0.38% to $56.19
09:40 BIMCO demands 4th IMO GHG Study based on realistic economic growth
09:19 Baltic Dry Index is up to 643 points

2019 February 18

18:06 Algoma announces the Algoma Conveyor is headed for Canada
17:36 Maersk Line announces rates from Mediterranean to West and Central Asia
17:06 CMA CGM announces FAK rates from ISC to North Europe and the Mediterranean
16:41 MAN Energy Solutions launches new TCT turbocharger series
16:26 VSC receives positive conclusion of state environmental expertise
16:02 Herbert-ABS releases HECSTAB Offshore
15:31 PPR 6 preview: IBIA working for sensible 2020 solutions at IMO meeting
15:02 Suez Canal extends its dry bulk vessels tolls reduction
14:43 Gazprom and Almaz-Antey Corporation sign contract for batch manufacturing of subsea production equipment
14:20 Average wholesale prices for М-100 HFO up to RUB 15,842 in RF spot market
14:02 MOL Chemical Tankers acquires 20% share of Dutch tank container company Den Hartogh
13:39 2nd Hydraulic Engineering Structures and Dredging Congress to gather over 200 Russian and foreign participants
13:15 ONE unveils enhanced intra-Asia Japan service network for 2019
12:51 Nakhodka Trade Sea Port and Damen sign contract on delivery of tug by summer 2019
12:18 33 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on February 17-18
11:53 World Maritime University signs MoU with Jordan Academy for Maritime Studies
11:30 Coastal fish assessments to continue in Baltic Sea with renewed HELCOM project
11:07 Fincantieri starts dry dock works on ultra-luxury cruise ship "Silver Moon"
10:55 Finnpilot Pilotage amendments its service terms during validity of winter assistance restrictions
10:26 ASCO is interested in cooperation with prominent shipping companies
10:07 Diana Shipping announces the sale of two Panamax dry bulk vessels and time charter contracts for m/v Crystalia and m/v Maera with Glencore
09:40 Brent Crude futures price is up 0.17% to $66.36, Light Sweet Crude – up 0.45% to $56.23
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09:07 Panama Canal Board of Directors appoints new Canal Administrator and Deputy Administrator
08:07 IMO conducts training course to enhance maritime security in Kenya
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2019 February 17

16:59 Coast Guard responds to vessel fire near Rockport, Texas
15:09 Kleven Shipyard delivers to Maersk the AHTS Maersk Maker
14:33 Danube high-speed low-wash ferry offers new level of efficiency and reliability
13:21 Interorient Marine Services Ltd. convicted and sentenced for oil discharge
12:39 USCG assists in rescue of five people from sunken vessel near Dutch Harbor
11:01 European ports welcome agreement on the European Maritime Single Window environment

2019 February 16

16:15 Ribbon-cutting kicks off ICTSI´s Batumi terminal expansion project
14:42 Höegh’s RoRo solution chosen for 112MT Transformer shipment