EAST and Southern Africa, including islands across the Indian Ocean, have seen container volumes grow by a compound annual growth rate (CAGR) of nine per cent since 2010.
Meanwhile, the total value of merchandise trade in this region has expanded by 26 per cent to US$385 billion over this period, according to Dynamar's latest container market report.
Mombasa is expecting its current one million TEU throughput to double by 2020 and is building a new 1.2 million TEU container terminal, after recently having expanded its existing one.
Mauritius Container Terminal at Port Louis is being expanded to accommodate the expected increase in throughput by 2020, which will be around double the present volume, of which 55 per cent is transshipment, reported Port Technology.
In South Africa the long-delayed building of a new 9.6 million TEU capacity port at the site of the former airport is now due to start construction by 2021.
The study highlights that as the region's combined port throughput approaches eight million TEU, there is an increasing opportunity for growth in the 23 different African countries.
It argues that were East and Southern Africa container trades to increase, the relevant African TEU volume would be expected to grow to 42 million TEU, up 1,200 per cent from 3.2 million TEU in 2014.
WORLD SHIPPING
09 February 2016 - 22:29
East and Southern Africa box traffic rises 9pc a year since 2010
EAST and Southern Africa, including islands across the Indian Ocean, have seen container volumes grow by a compound annual growth rate (CAGR) of nine per cent since 2010.
WORLD SHIPPING
09 February 2016 - 22:29
East and Southern Africa box traffic rises 9pc a year since 2010
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