Business / Economics

Namport sets new cargo record

today14 May, 2024

Background

The Namibian Ports Authority has set a new record, handling 8 million tonnes of cargo in the fiscal year ending 31 March 2024, marking a 4% increase from the previous year. Major exports include, bulk salt saw a growth of 10%, copper concentrate 12%, bagged salt 1%, frozen fish 29%, manganese ore 15.7%, zinc/lead concentrates 2.9% and marble 41%. The Corporate Communications Manager at Namport, TanĂ¡ Pesat explains.

With regards to importation, various commodities posted significant increases, with petroleum imports, for instance, surging by 26%. Other imported commodities also experienced noteworthy growth, such as copper concentrate, ammonium nitrate, wheat, ship spares, and steel.

According to Namport the number of vessels also increased significantly, rising by 29%. In the 22/23 financial year, 1636 ships visited Namibia, increasing to 2115 during the 23/24 financial year.

Vessel categories include foreign tugs, dry bulk vessels, containerized vessels, foreign fishing vessels, petroleum tankers, fishing vessels, as well as research, and general purpose vessels.

Written by: Tonata Kadhila