RE: Good news from Tema25 Mar 2021 08:39
With TEU traffic up from circa 1M in 2019 to 1.3M in 2020 that bodes well for WSG.
The phenol phase of the works are ahead of schedule and are due to be completed in September of this year so another berth will come on line. If growth continues this year Tema could see circa 1.5M TEU's being processed, 50% up on 2019 when our contracted started.--- and with infrastructure in place to handle 3.5MTEU's.
The good news for WSG, is that any increase in volume and scanning 'revenue' goes straight to our bottom line as costs on the ground are fixed given that the buildings, scanners and staff are all in place.
Last October Tema was added to another round trip port itinerary, which will also support further TEU traffic growth this year.
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"As of mid-October 2020 , EURAF 1 service offering is significantly improved with a direct call at Tema, Ghana:
New product direct from Europe to Ghana with competitive transit times, a gain of 7 days. Tema will be reached in 20 days from Antwerp, 19 from Vlissingen, 21 from Rotterdam, 18 from Dunkerque and 22 from Tilbury"
https://www.cma-cgm.com/news/3316/euraf-1-service-upgrade-with-direct-call-at-tema-ghana
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https://www.harbourmaster.org/News/tema-port-ranked-largest-west-and-central-africa
"The President of the Ports Management Association of West and Central Africa (PMAWCA), Michael Luguje (pictured), who happens also to be the Director-General of Ghana’s Ports and Harbours Authority (GPHA), has revealed that with the completion of phase 1 of the MPS Terminal 3, the Tema Port is currently the biggest in terms of capacity of all ports in the West and Central Africa."
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From late 2019-
https://www.hellenicshippingnews.com/hapag-lloyd-declares-tema-port-as-transshipment-hub-in-west-africa/
"The Hapag-Lloyd, a global shipping giant, has declared Meridian Port Services Limited (MPS) Terminal 3 at Tema Port as its transhipment hub in West Africa.
A statement signed by Mr Mohamed Samara, the Chief Executive Officer of MPS, and copied to the Ghana News Agency, said this was revealed at a press conference held in Cape Town, South Africa to announce the launching of the new shipping service for Africa.
The statement said the new shipping service dubbed Middle East-India-Africa Express (MIAX), announced in a press conference in Cape Town, South Africa, had its first departure in this October."
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