Cargo processed at the port of Luanda, Angola, falls in 1st half

4 December 2015

Cargo handling in the port of Luanda in the first half fell by 10.9 percent to 4.9 million tons, said Thursday in Luanda the chairman of port management company Empresa Portuária de Luanda (EPL).

Alberto Bengue, who was speaking at the opening of the 6th Advisory Board of the Port of Luanda Company (EPL), said the fall in production or cargo processed in the first half was due to the current situation of the world economy, particularly the drop in the price of oil, Angola’s main export.

The 6th EPL Advisory Board is analysing the problems inherent in the operation, management and interaction and interactivity of the sector with other institutions.

At the end of November, commercial manager Manuel Zangui, said processing of bulk cargoes and containers at the port of Luanda in the first half of the year saw a contraction of 4 percent and 13.6 percent, respectively, year on year.

Zangui said bulk cargo reached 183,170 tons against 190,800 tons from January to June 2014, and container cargo processed was just 405,185 TEUs down from 469,333 a year earlier.

The manager said the results were strongly influenced by the current state of the Angolan economy and the fact that Angola’s ports usually rely on import activities. (macauhub/AO)