Tema Port Expansion Project Kicks Off

Image Courtesy: Ghana Ports and Harbour Authority

Construction works on the USD 1.5 billion Tema Port expansion have begun, Ghana Ports and Harbours Authority (GPHA) informed. 

Scheduled to be completed by the fourth quarter of 2019, the project will result in four deep-water berths, a new breakwater and an access channel able to accommodate mega-ships.

The project is being carried out by Meridian Port Services (MPS) a joint venture between APM Terminals, Bolloré Africa Logistics (Meridian Port Holdings) and GPHA. MPS subsequently awarded the contract for the expansion to China Harbour Engineering Company (CHEC) and AECOM.

The consortium has so far secured USD 1 billion to finance the expansion project. In September, MPS signed a USD 667 financing package with the International Finance Corporation (IFC), a member of the World Bank group. The remaining amount of USD 333 million will be provided by MPS shareholders, according to GPHA.

The expansion project is expected to provide 3.5 million TEUs in annual throughput capacity of Tema Port.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jan 2017 >>
MTWTFSS
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

10th annual Border Security Conference

The 2017 conference will possibly be the most relevant and topical event to date as we enter our 10th successive year. With the rise of cross…

read more >

4th Ship Recycling Congress

The two day conference will consist of a number of informative presentations followed by interactive Q&A sessions, panel discussions…

read more >

Maritime Reconnaissance and Surveillance Technology 2017

After last year’s huge success the SMi Group is proud to announce the 2nd Maritime Reconnaissance and Surveillance Technology. The event…

read more >

Euromaritime 2017

The Euromaritime event will take place in Europe for three days. This is one of the major and influential trade events dealing with marine…

read more >