Vessels in port
Liberia to Setup Cargo Tracking System At All Seaports of Entry
The Liberian government, through the National Port Authority (NPA), has disclosed the establishment of a tracking system at all seaports of entrances in Liberia to trace goods entering and leaving the country. The Cargo Tracking Note (CTN) or the global system of information on cargo for the protection of ships and port facilities, is a solution of verification and monitoring of international maritime transport in order to prevent any attack and locate the responsibility of each maritime operator in the case of shipping hazardous and dangerous product. According to the NPA, the CTN helps to strengthen the image of ports and countries that have signed, respected and implemented the required plan of the ISPS Code. The aim of the CTN is to contribute to the substantial reduction of risk for maritime security of ships and port facilities by providing accurate and reliable assessments of ships, their owners and managers. In Africa, the process is under way in many countries including Liberia.
APM Terminals flicks the switch at Freeport of Monrovia
APM Terminals has helped Liberian President Ellen Johnson Sirleaf shed new light - quite literally - on one of the West African nation’s key fiscal expansion strategies. Sirleaf recently inaugurated a new navigation system at the Freeport of Monrovia, enabling 24-hour access to the country’s landlord maritime hub for the first time in three decades. Previously, the absence of buoys, lighting and electronic navigation systems limited access at the port, built by the US Military for strategic purposes during World War II, to daylight hours. The new $500,000 investment including 12 off-shore buoys and two land-based range markers is a key milestone in APM Terminals’ $120m, 25-year concession agreement with the Liberian government for the privatization of the port.
Liberia’s Port Shows Surge in Trade as Nation Recovers from Ebola
Liberia is seeing a surge in trade as it recovers from an Ebola epidemic that killed thousands and virtually halted economic activity for months, the manager of the country’s sole container terminal said in an interview. The country was declared Ebola-free for a second time by the World Health Organization earlier this month, after a handful of cases were reported in July. Over 11,000 people died of the disease in three West African countries over the course of the outbreak. Liberia’s economy barely expanded in 2014 and is expected to grow at an anemic rate this year, down from more than 8% annual growth before Ebola. Still, container volumes are expected to jump roughly 30% this year, to about 100,000 twenty-foot-equivalent units, said George Adjei, who manages APM Terminals’ port facility in the capital Monrovia. Liberia is seeing a rush of imports as construction companies, food sellers and commodities producers stock up on foreign goods they couldn’t obtain during the outbreak, Mr. Adjei said. APMT’s facility receives 90% of Liberia’s imports, the company says. “Last year the streets were empty” in Monrovia, he said. Now, “It’s jam-packed.” The unit of Danish shipping and oil conglomerate A.P. Moller-Maersk A/S is betting on a return to pre-Ebola growth with a $120 million effort to modernize the terminal. The company won a 25-year concession to operate the facility in 2010, as the government sought to draw in the foreign investment needed to rebuild infrastructure from neglect during the country’s civil wars, which ended in 2003. When APMT took over, the terminal’s dockside walls had partially collapsed and little onshore infrastructure existed to house cargo. APMT expects in 2017 to complete improvements to the area around the port, including paving over land near the terminal, installing modern container-tracking systems and building warehouses and other facilities. Mr. Adjei said the terminal is profitable but hasn’t made back its investment yet. Mr. Adjei said the global trade slowdown has affected traffic through Liberia’s port, as the country’s commodities-dependent economy has been battered by a steep drop in the price of iron ore, a major export. However, APMT expects shipping to pick up as the recovery effort continues, and as Liberia’s transportation network improves. Roads are under construction to connect Monrovia to parts of the country’s interior that produce iron ore, timber and palm oil, as well as population centers in neighboring Guinea and Sierra Leone. Many of the roads are being built by companies from China, which is a major buyer of Liberian commodities. Those projects are still moving ahead despite China’s economic turbulence, and they should boost cargo traffic through Monrovia’s port as they are completed, Mr. Adjei said. “At some point [China’s economy] will turn the corner, and we will be there,” he said. Source: Wall Street JournalUpload News