The new container terminal at the Namibian Port of Walvis Bay, built between 2014 and 2019 and commissioned in August 2019, is now fully operational. The terminal was constructed on 40,000 m2 of land reclaimed from the ocean as part of a nearly US$300 million project. The expansion has steered Walvis Bay towards becoming a logistics hub for southern Africa.
It will also promote new maritime access to serve the landlocked countries of the Southern Africa Development Community (SADC), according to a report by the African Development Bank (ADB) published on 3 September 2020.
Container-news.com reports how the African Development Bank provided a US$178,000 loan representing over 70% of the project funding.
The works included the installation of four ship-to-shore (STS) cranes, the construction of a 1 km road, the laying of 2.3 km of rail lines, and the installation of service networks, while the report also noted that the facility’s electricity supply was also successfully upgraded.
The terminal increased its capacity from 355,000 to 750,000TEU annually, while it has also reduced vessel waiting time to less than eight hours and cut container transit time from 14.5 days to 9.5 days.