Taiwanese company plans to set up mooring platform for ships in Sao Tome and Principe

25 April 2012

A floating ship mooring platform is due to be set up in the next six months in the sea off the south of Sao Tome as part of an agreement due to be signed soon between the government of Sao Tome and Principe and a company from Taiwan, the Sao Tome prime minister said Tuesday.

The agreement will be signed with the Bluesky company, owned by Taiwanese businessman Nobu Su, which ahs a fleet of six ships with capacity to carry over 100,000 tons of bulk goods and 7,500 vehicles.

Sao Tome’s Prime Minister, Patrice Trovoada, said that the cargo transfer logistics platform would have a market in the countries located in the Gulf of Guinea, as setting it up would create economies of scale that would lower product prices.

Trovoada said that the two sides had started working on finalising the contract, which would net Sao Tome and Principe US$15 million. (macauhub)