• 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longer term, the port authority wants the port to grow further, but both the infrastructure and the organization are outdated.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.




2018 September 26

17:06 TenneT contracts DNV GL to certify offshore power substations for Hollandse Kust Zuid wind park
16:42 CMA CGM announces FAK rates from Asia to Pakistan / India / Sri Lanka
16:30 ZIM to introduce improvements of its cross-Atlantic services
16:29 Knud E. Hansen creates entirely new design for the ocean factory trawler
16:07 Maersk implements new guidelines on dangerous goods stowage
16:02 ONE, Hapag Lloyd, Yang Ming, CMA CGM, COSCO, OOCL to increase service quality with enhanced Mediterranean - U.S. East Coast service
16:01 RS specifies requirements for fishing vessels
15:38 Russian Maritime Register of Shipping improves rules for fishing vessels
15:03 Pasha Hawaii celebrates steel cutting for M/V George III at Keppel AmFELS
14:40 Ground-breaking ceremony held for Wärtsilä built Hamina LNG terminal
14:04 RB-2186 tugboat of Project 16609 built by Pella Shipyard delivered to the customer in the Far East
13:09 CMA CGM announces Rate Restoration Program for services from Asia to the Middle East Gulf
12:32 NIBULON put into operation its first multipurpose T3500 Project tug
12:09 Austal cuts metal on 117m trimaran for Fred. Olsen
11:45 LNG shipped from Yamal LNG project tops five million tons
11:09 International Seaways announces contract to install scrubbers
10:47 Baltic Dry Index is up to 1,450 points
10:30 Brent Crude futures price down 0.12% to $81.16, Light Sweet Crude – down 0.19% to $72.14
10:08 IMO will not delay sulphur 2020 limit
09:51 Port of Riga positioned as an attractive destination for world's major cruise companies
09:39 Arctic Environment Ministers' meeting: Exploring common solutions for the Arctic environment
09:20 Bunker prices continue surging at the Port of Saint-Petersburg, Russia (graph)
09:08 Hansa Heavy Lift moves fully assembled Liebherr cranes from Ireland to the UK
08:07 Jumbo awarded transportation & installation contract in Sergipe, Brazil
07:34 Total increases its share in the Danish Underground Consortium

2018 September 25

18:37 Colombo Dockyard achieves recognition at the Presidential Export Award
18:10 Tersan Shipyard (Turkey) lays down lead crab catching and processing ship of Project ST184 for Arktikservis
17:56 CMA CGM announces GRR from Asia to South Africa
17:36 The Ocean Cleanup chooses Iridium as provider of satellite communications services
17:20 First RITM-200 reactor intended for nuclear-powered icebreaker Ural left for Baltiysky Zavod shipyard
17:06 ABP opens up Humber International Enterprise Park development plans to public
16:57 Shippers suspect sulphur stitch-up
16:29 Kotug Smit Towage performs naming ceremony for tug Southampton
16:20 Portugal joins WISTA International
15:38 Volga Shipping Company named the best in terms of transport security
15:12 Mr. Birkir Hólm Guðnason hired as CEO of Samskip Iceland
14:11 CMA CGM to review sales policy regarding Low Sulphur IMO 2020 Regulation
13:49 NIBULON successfully completed its passenger transportation season
13:11 North Carolina Ports’ terminals resume full commercial operations following hurricane Florence
12:50 Fuel oil prices are going up in the Far East ports of Russia (graph)
12:31 Havila Kystruten selects Havyard to deliver the ship design and extensive equipment package for four new vessels
12:14 European ports welcome Parliament’s explicit support to remove the tax barriers for shore-side electricity for ships
12:01 Long Beach Commission OKs budget for expanded rail yard
11:43 DHT Holdings announces $50 mln scrubber financing
11:32 Nevsky Shipyard takes part in «Marintec Offshore Russia» exhibition
11:00 GTT receives a new order from Samsung Heavy Industries for the tank design of two new LNG carriers
10:55 NYK announces delivery of new wood-chip carrier for Hokuetsu Corporation
10:24 Baltic Dry Index is up to 1,434 points
10:01 Brent Crude futures price up 0.2% to $80.69, Light Sweet Crude – up 0.12% to $72.17
09:38 Yaroslavsky Shipyard lays down oil recovery vessel of Project Р2114 for Transneft
09:15 Audit summary report to be considered by Sub-Committee on Implementation of IMO Instruments

2018 September 24

18:36 DNV GL unveils the complexity of ocean governance in report for the UN Global Compact
18:03 Klaveness Combination Carriers AS announces completion of USD 45.0 million private placement
17:52 Port of Southampton recognised in top 20 under 40 cruise award
17:36 CMA CGM announces GRR from India West Coast to Mozambique
17:03 Metropolitan Plan for Great Newcastle endorses Port of Newcastle vision
16:50 Ust-Luga Container Terminal handles cargo for Nord Stream 2
16:47 Wightlink names its new flagship
16:45 Bomin exits the bunker markets in Singapore and Antwerp
16:43 Hamburg and St. Petersburg strengthen cooperation at the Port Evening