The soporific seaside town of Berbera is slowly changing as it takes on a major role on the Red Sea shipping route, allowing breakaway Somaliland to dream of prosperity and even recognition. At the Berbera port, dozens of containers are stacked on a sun-scorched platform and a few cranes creakily transfer sacks of sorghum and other goods from a rusting cargo ship. The facilities are far from modern, but Somaliland hopes its position on one of the world’s busiest shipping routes will turn the state into a job-creating dynamo — and encourage international recognition 27-years after it split from Somalia. Somaliland’s ambitions were boosted in March when it struck a deal giving Dubai port giant DP World a 51 per cent stake in the port and Ethiopia 19pc. DP World says it plans to invest $442 million to modernise the port, with a first extension of 400 square metres to begin in October that is expected to take 24 months.
WORLD SHIPPING
30 July 2018 - 09:28
Somaliland eyes key Red Sea trade role with Berbera port
The soporific seaside town of Berbera is slowly changing as it takes on a major role on the Red Sea shipping route, allowing breakaway Somaliland to dream of prosperity and even recognition
WORLD SHIPPING
30 July 2018 - 09:28
This news 2129 hits received.
EDITOR
SEANEWS TURKEY MARITIME NEWS FROM THE WORLD AND TURKEY
These news may also interest you