Portuguese group ETE strengthens presence in Cabo Verde

17 November 2017

Portuguese group ETE has set up a Cape Verdean shipping company and is finalising the transfer of one of its ships to a Cape Verdean flag, which will be the only one in the country certified to sail in international waters, the group said in a statement released on Thursday in Lisbon.

The statement mentioned the recent founding of Transinsular Cabo Verde – Transportes Marítimos Insulares de Cabo Verde, Lda, a Cape Verdean shipping company, the only one in the country qualified and meeting all requirements to carry out international maritime transport, connections to nearby Atlantic markets and coastal shipping (cabotage).

Transinsular Cabo Verde – Transportes Marítimos Insulares de Cabo Verde, Lda will operate the “Ponta do Sol” ship, whose process of transfer to sailing under a Cape Verdean flag is being finalised.

The statement added that the ETE group – Empresa de Tráfego e Estiva remains interested in competing for the concession of Cabnave – Estaleiros Navais de Cabo Verde, a shipyard company with headquarters on the island of São Vicente, whose international tender was won by the group, but which was later annulled by the present government of Cabo Verde.

The ETE group is also concluding setting up port operations company “ETE Cabo Verde – Operações Portuárias, Lda,” with the aim of submitting a proposal for the management of ports of Praia, Mindelo, Palmeira and Sal Rei – either in a competitive regime, as a consortium or based on another model set by the Government of Cabo Verde.

The ETE group, through its owner Transinsular, since 1 October 2017 has sold the Africa Expresso service, which is the only regular direct service (without transhipment) offered every 10 days, between Portugal (Leixoes and Lisbon) /Canary Islands and Praia, Mindelo, Sal and Boavista.  (macauhub)