Maputo port

From SourceWatch
Jump to: navigation, search

This article is part of the Coal Issues portal on SourceWatch, a project of CoalSwarm and the Center for Media and Democracy. See here for help on adding material to CoalSwarm.

This article is part of the CoalSwarm coverage of Mozambique and coal
Sub-articles:
Related articles:

Maputo port includes the Mozambique ports of Maputo and Matola, located together at the south of the Mozambique Channel in the southwest Indian Ocean. Both ports are governed and operated by the public-private consortium MPDC (Maputo Port Development Company). Coal exports are largely concentrated at the Matola Coal Terminal.

Loading map...

Background

The deepwater port of Maputo consists of two principal areas of usage: Maputo Cargo Terminals and Matola Bulk Terminals. Maputo Port Development Company (MPDC) was granted a 15-year concession in 2003 by the government of Mozambique to serve as port operator and port authority, directing shipping, port maintenance, security, cargo terminal management and future development planning. In 2008, major port operator Dubai Ports World invested in the company.[1]

As of 2015, MPDC is a public-private consortium whose shareholders include the publicly owned port and rail company, CFM (with 49 per cent of the shares), and its private sector partner Portus Indico, with 51 per cent. Portus Indico is formed by DP World of Dubai, Grindrod of South Africa, and the local firm Mocambique Gestores.[2]

In 2010, MPDC secured an extension of its Port Concession until 2033 with the option of extending for a further 10 years beyond that date. This expanded timeframe will allow for the implementation of significant investment by both MPDC and the sub-concessionaires in line with a Port Master Plan approved by the Government of Mozambique, which sets out a strategy for the future development of the Port and provides a framework for berth and channel improvements, development of landside facilities and expansion of service corridors and other associated infrastructure. In excess of US$ 300 million has already been invested by MPDC, its shareholders and sub-concessionaires, which resulted in volumes increasing from 5 million tons in 2003 to 15 million tons in 2012. It is expected that volumes handled through the port will increase to 50 million tons by 2020 and that a further US$ 838 million will be invested in the port.[3].

Proposed B-Grade Coal Terminal

In November 2011, Reuters reported that a consortium of South African and Swazi coal miners were exploring the option of building an alternative 6 million ton coal terminal in Maputo, Mozambique, that would exclusively handle B-grade steam coal. It would take 6 months for the study and then three years to full completion, at a projected cost of at least 300 million rand ($35.62 million). Half of that would need to be spent on the port and the other on a rail line looping via Swaziland. The consortium says it has over 800 million mineable tonnes of coal.[4]

Articles and resources

References

  1. "Global port operator invests in port of Maputo" Engineering News, April 25, 2008]
  2. "Mozambique: New Tugs Inaugurated at Maputo Port" allAfrica, April 18, 2014
  3. "Maputo Port Development Company" Grindrod website, accessed January 2015
  4. Agnieszka Flak, "S.Africa, Swazi junior coal miners eye own export terminal" Reuters, Nov. 23, 2011.

Related SourceWatch articles

External resources

  • CCFB, "Beira Rail Concession", Workshop on Large Project Finance, Maputo, Mozambique, February 7, 2008. (Powerpoint Presentation).

External articles

Wikipedia also has an article on Maputo port. This article may use content from the Wikipedia article under the terms of the GFDL.