African Global Logistics (AGL) now controls the majority of the most important ports on the west African coastline following its selection as the successful bidder to run the Lobito container and conventional terminals.
Effective in the first quarter of 2024, AGL will take over the staff of the Empresa Portuária do Lobito EP port authority.
Lobito has a quay depth of 14 metres and direct access to the sea.
AGL will manage the container and multipurpose terminals with 1 200m of quayside, a storage area with a capacity of 12 000 TEUs and handling equipment.
The multipurpose terminal has an annual cargo handling capacity of 600 000 tonnes and the container terminal 250 000 TEUs a year.
“With the support of the world’s leading ship owner, MSC, AGL’s industrial project will improve the connectivity of the Lobito Port platform.
“It will boost trade in the region and support industrialisation efforts.\
The Port of Lobito will thus be involved in the development of agricultural projects, construction sites and tertiary service companies,” said Olivier De Noray, managing director of AGL Ports and Terminals at the official signing ceremony in December.
AGL has committed to investing nearly $109 million to turn the Port of Lobito into a modern, efficient and competitive port platform, capable of meeting the expectations of national and international customers and contributing to the growth and diversification of the Angolan economy, according to the official statement issued at the signing ceremony.
The addition of Lobito brings to 14 the number of container terminals operated by AGL on the African west coast, starting from Dakar in Senegal to Pointe-Noire in Congo.
- Read the rest here: "Lobito becomes 14th AGL port on west coast."
