Terminal Operators Expand Port Capacity Across Africa and the Gulf
· Logistics · Angola · Bangladesh
Terminal operators are pushing capacity into Africa and the Gulf. DP World is investing $90m in Angola's port of Luanda as several operators add or announce capacity amid surging volumes, with West Africa described as particularly hot; congestion along West Africa's coast has exposed infrastructure ill-suited to the region's rapidly developing container market, and Drewry recorded a 19.4% year-on-year upturn in regional volumes. Bangladesh, meanwhile, signed a $336m loan agreement with China to expand and modernise Mongla port, even as workers at Chittagong threatened an indefinite hunger strike over a deal handing a major terminal to DP World. Separately, Gemini Cooperation partners Maersk and Hapag-Lloyd will relaunch their Far East-Middle East loop, marketed as AGX and FM1, with a changed Jebel Ali call.
Why it matters:Rapid port investment across Africa, South Asia and the Gulf signals where container capacity and trade lanes are shifting, shaping competition among global terminal operators.
Key points
- DP World is investing $90m in Angola's port of Luanda
- Bangladesh signed a $336m China loan to expand Mongla port
- Gemini partners Maersk and Hapag-Lloyd relaunch a Far East-Middle East loop with a changed Jebel Ali call
Sources (original reporting)
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