Angola’s Luanda Port processes 587,000 tons of cargo between January and May

18 June 2007

Luanda, Angola, 18 June – Angola’s Luanda port processes 587,000 tons of miscellaneous cargo and 84,000 containers – including 5,000 refrigerated containers – between January and May of this year the port’s chairman, Sílvio Barros Vinhas said Thursday in Luanda.

Speaking at a press conference on the company’s 62nd anniversary, he said that 247 ships had entered the port, an average of two per day, while in 2006 almost 3,500 ships had docked at the port.

the company’s financial situation is, according to Vinhas, stable, an in 2006 Luanda Port posted revenue of US$102 million and had costs of US$68 million.

For the current year, revenues of some US$123 million are expected along with expenses of US$74 million on equipment maintenance, salaries and other charges.

Over the next few years the port of Luanda is expected to make investments of around US$105 million on acquiring new equipment, infrastructure works, security and staff training.

Luanda port, which is split into four terminal (General Cargo, Containers, Multi-purpose and the Sonalis [Sonangol Integrated Logistic Services] terminal), has 17 mooring points for long haul ships, 2738 meters of docking room and 15 warehouses.

The port’s container terminal has an area of 142,000 square meters and a 500-meter port, and this year will benefit from investments of an estimated US$55 million, to be applied on improvement work on infrastructures, acquisition of equipment, security, training staff and information technologies. (macauhub)