DP World and Namibia’s Nara Namib Sign MoU on Walvis Bay Free Economic Zone for Industry and Logistics
Global trade enabler DP World has signed a Memorandum of Understanding (MoU), with Namibia’s Nara Namib Free Economic Industrial Zone today to develop a free economic zone for industry and logistics in Walvis Bay to support the growth of Namibia as a regional hub for Southern Africa. Development of the first 50 hectares phase of the zone has the potential to create 3,000 jobs and help attract investment to Namibia of N$ 3.5 billion (approx. US$237 million). Expansion to 1,500 hectares is expected to increase the potential investment to N$25 billion (around US$1.7 billion) with 20,000 job opportunities.
One dead in ship fire
In the morning of Aug 17, 2019, around 7 a.m. a fire broke out aboard the Namibian trawler "Ocean Tide", 296 gt (IMO: 7220839), which was moored at the jetty of the Seaworks Fish Processors. One of the 20 crew members on board, was found dead following the fire. The deceased was identified as 40-year-old Hausiku Mathews Sivambo. It was believed he became trapped inside the vessel and burned to death. His body was removed the next morning. The family of the deceased was present at the scene. A police investigation into the cause of the fire was ongoing. Report with photo: https://www.nbc.na/news/one-dead-after-vessel-caught-fire-walvis-bay.21902
Namport’s new container terminal soon operational
NAMPORT’s new container terminal will be officially inaugurated on 2 August, and normal operations are expected to start on it on 24 August. The new terminal, constructed at a cost of N$4 billion, is expected to increase container handling capacity from the current 355 000 twenty-foot equivalent units (TEUs) to up to 1 005 000 TEUs. Firstly, there will be a shutdown on 17 August of container operations in the port to start relocations to the new terminal. The equipment to be relocated include rubber-tired gantries and mobile harbour cranes, while reach stackers, haulers and forklifts will move the containers.Upload News