2006 WAS a record year for King & Sons
Namibia, according to branch manager Reinhardt
Küsters, with several new developments pumping
up performance.
Mitchell Cotts Maritime Namibia was
appointed agent for Hapag Lloyd in the Namibian
region. The line currently calls Walvis Bay on a
monthly basis northbound to the US east coast
and Montreal. “Base loads are uranium oxide from
Roessing Uranium and Langer Heinrich Uranium,
but we are also accepting general cargo on this
trade – containerised and breakbulk,” he said.
This year saw the finalisation of K&S
Namibia’s acquisition of a 49% stake in Erundu
Stevedores. “This allows us to become more self
sufficient on the ship’s agency side with myself
taking over as MD and Mahomed Kajee, GM of
K&S South Africa, as director and chairman of the
Erundu board.”
Its Unitainer division also performed
exceptionally well with the easing of the
steel price and has in some months even
outperformed ship’s agency, he told FTW.
Kusters hinted at several new developments in
the pipeline in 2 007 to be announced later in
the year.
King & Sons finalises stevedoring acquisition
10 Apr 2007 - by Staff reporter
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