Namibia’s freight industry is experiencing steady growth, driven by a surge in tourism and ongoing developments in the energy and mining sectors.According to Olaf Hoffman, owner of Namibia Shipping & Logistics, operating as agent for SACO Shipping, the country is becoming an increasingly important logistics hub for southern Africa, with rising demand for efficient transport solutions across borders. Logistics businesses are seeing consistent growth, and cargo volumes are clearly on an upward trajectory as positive trends emerge in groupage cargo.Industry observers note that this growth is likely to continue in the coming months. The tourism sector, in particular, has shown strong recovery and expansion, injecting much-needed revenue into the economy.This has led to an uptick in infrastructure maintenance and development projects, which are generating employmentand driving further demand for freight services.Simultaneously, a rise in large-scale investments – particularly in energy and mining – is supporting long-term momentum in the logistics sector. The development of wind farms in Lüderitz, ongoing oil exploration efforts, and various renewable energy initiatives are all contributing to increased cargo volumes, both in terms of imports and outbound project-related shipments. These projects are not only boosting freight demand but also reinforcing Namibia’s position as a strategic transit point for regional trade.Another positive development has been the decline in freight rates, which had previously surged due to currency f luctuations. The recent easing of rates is making imports more viable again, contributing further to market activity. LV
