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>

<< Dec 2017 >>
MTWTFSS
27 28 29 30 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

Maritime Reconnaissance and Surveillance Technology

Over the past few years, maritime intelligence gathering and ISR capabilities have returned to the forefront of the defence industry…

read more >

BWMTech

Clarify regulations. Plan BWMS integration. Prevent operational failure…

read more >

Mega Cargo Show 2018

The focus of the event is to bring all connected with cargo fraternity on a single platform…

read more >

Vietship 2018

Vietship is the largest and longest established exhibition in Vietnam featuring all aspect of Shipbuilding, Shipping and Offshore Technology.

Since its first event in 2002, Vietship has become the convergence and platform of advanced technologies regional and worldwide in shipbuilding and ship repair, marine equipment, waterway transportation and services, marine and offshore engineering.

After 16 years of eight consecutive editions, Vietship has affirm itself as an important event in enhancing cooperation and development, attracting investments, exchanging technology and creating ideal opportunities for trade promotion in the international maritime industry.

More info

read more >