MAJOR investment at the port of dar es Salaam has begun to produce positive outcomes, with the government saving US$600 million within a year, reports the Dar es Salaam Guardian.
Martin Jacob, the chief executive officer for DP World (T) and the Middle East outlined developments at the port since the commencement of the contract with the Dubai-based multinational logistics firm.
This has led to a reduction in freight transportation costs, stimulated port activity and implications for economic growth, job creation and positioned Tanzania as a key economic player in East Africa.
Achievements include reduced ship waiting times, quicker cargo unloading and significant improvements in cycle times and costs, said Mr Jacob, has allowed the Mediterranean Shipping Company (MSC) to eliminate additional costs.
This comes down to $600 million annually that is already being counted as savings, he said, pointing at crane operations having been enhanced, with output increasing rapidly from May to July 2024, as the port successfully handled larger ships.
This is Wan Hai's 11th time winning the same prize. The award's criteria include volume handled in the Far East sector, year-on-year growth, global reach, documentation procedures, the launch of new services, timetable fidelity, and customer satisfaction.
Wan Hai Lines has been a prominent carrier in the Indian market for over 28 years and currently operates one of Asia's most dense networks, reports London's Port Technology International.
At present, 10 services cover all major seaports along India's east, south, and west coasts. Wan Hai now has six owned offices in India, including Mumbai, Chennai, Mundra, Vizag, Delhi, and Kolkata offices.
Recently, Wan Hai Lines hosted a ship naming ceremony for the Wan Hai A17 at the Samsung Heavy Industries Geoje shipyard.
SeaNews Turkey
Martin Jacob, the chief executive officer for DP World (T) and the Middle East outlined developments at the port since the commencement of the contract with the Dubai-based multinational logistics firm.
This has led to a reduction in freight transportation costs, stimulated port activity and implications for economic growth, job creation and positioned Tanzania as a key economic player in East Africa.
Achievements include reduced ship waiting times, quicker cargo unloading and significant improvements in cycle times and costs, said Mr Jacob, has allowed the Mediterranean Shipping Company (MSC) to eliminate additional costs.
This comes down to $600 million annually that is already being counted as savings, he said, pointing at crane operations having been enhanced, with output increasing rapidly from May to July 2024, as the port successfully handled larger ships.
This is Wan Hai's 11th time winning the same prize. The award's criteria include volume handled in the Far East sector, year-on-year growth, global reach, documentation procedures, the launch of new services, timetable fidelity, and customer satisfaction.
Wan Hai Lines has been a prominent carrier in the Indian market for over 28 years and currently operates one of Asia's most dense networks, reports London's Port Technology International.
At present, 10 services cover all major seaports along India's east, south, and west coasts. Wan Hai now has six owned offices in India, including Mumbai, Chennai, Mundra, Vizag, Delhi, and Kolkata offices.
Recently, Wan Hai Lines hosted a ship naming ceremony for the Wan Hai A17 at the Samsung Heavy Industries Geoje shipyard.
SeaNews Turkey
