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Conditions for concessionaire

13 Jun 2022 - by -
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Namport has set a number of conditions for the successful concessionaire. They were outlined by chief executive officer Andrew Kanime at a presentation to stakeholders.The conditions include:Generate sustainable volumes:primarily through transhipment, followed by corridor traffic. “While operators may initially focus on attracting transhipments to the terminal, the increased vessel calls will provide stability, certainty and capacity for growth of both local and regional cargo,” he said.Improve the NCT's operational eff iciencies: Operator should improve efficiencies in line with the standards of a transhipment terminal.Attract investment to the NC T: The operator is expected to invest in new cargo handling equipment, deepen the channel to accommodate larger vessels, and expand the quay wall to allow for the simultaneous docking of 300-350 LOA-sized vessels, combined with yard expansion to accommodate additional volumes.Protect employment of the current personnel at the NCT.Generate suff icient income to service Namport’s financial obligations, including an African Development Bank loan which financed the building of the terminal, as well as pay for the running of the container terminal and pay dividends from profits.

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