Tanzania says construction of China-funded port at Bagamoyo to start in 2015
Construction of a Chinese-funded port and special economic zone in Tanzania worth at least $10 billion will start in July 2015, the president’s office said in a statement on Monday, for the first time setting a start date for the delayed initiative.
Tanzania aims to build a huge port at Bagamoyo, 75 km (47 miles) north of commercial capital Dar es Salaam, the site of the country’s main port, where shippers complain of congestion and inefficiencies.
A construction agreement for the port and associated zone was signed on Sunday and follows a framework deal signed last year. An official said a start date for building work had taken time to set because of other negotiations about infrastructure to link the port to national transport networks.
The planned Bagamoyo port, new investment in Dar es Salaam and other spending on roads and railways are part of Tanzania’s efforts to become a transport hub that could challenge the dominance of Mombasa in neighbouring Kenya
BP puts Pernis storage terminal in Rotterdam up for sale
BP has put its Pernis storage terminal in Rotterdam up for sale as part of a broad push to sell assets, a company spokesman said. The 90-acre Pernis terminal is connected via pipeline to BP’s 400,000 barrel-per-day Rotterdam refinery and is used for storing and loading oil products such as gasoline and diesel onto barges
Israel starts work on new seaport, Haifa port workers on strike
A Chinese construction firm began work on a new Mediterranean port in Israel, prompting a strike at Haifa docks further up the coast where the workers oppose the new competition.
Israel’s government, looking to break up the monopoly of two state-owned ports in Haifa and Ashdod through which nearly all exports and imports pass, recently approved creating private ports adjacent to the current ones.
The move, it says, will bring down the cost of goods across the board.
A subsidiary of China Harbour Engineering Co is building the 3.3 billion shekel ($876 million) port in Ashdod, which is due to be completed in 2020. The port’s operator has not been chosen and the contract for Haifa has yet to be awarded.
The new ports will eventually be able to receive the large container ships that presently cannot dock in Israel.
As Prime Minister Benjamin Netanyahu and senior ministers gathered at a groundbreaking ceremony in Ashdod, workers in Haifa left their posts — for the second time this month — complaining that the new competition would hurt their jobs.
They called on the government to reach a deal with unions about any moves it makes in the port sector.
“You have rights,” Netanyahu said of the port workers in a speech. “But eight million Israeli citizens also have rights — the right to have competitive, modern, efficient port services.”
Netanyahu said the project was a “further expression of the strengthening ties between Israel and China”.
The port unions in Israel are known for frequently disrupting operations and a labour court usually orders the workers to return to their jobs within a day.
The Finance Ministry has also announced a three-year privatisation plan for state-owned companies that calls for selling off Ashdod port in 2015 and Haifa port in 2016.