Turnkey maritime solutions company Nautic Africa, a Paramount Group subsidiary, and offloading services, and equipment firm Mariflex have partnered to bring international expertise in liquid cargo handling to the African market through the transfer of skills and exposure to the global market
South African shipbuilder Nautic Africa has signed a significant agreement with Citrans to build the first ferries in a series of vessels for the Ivory Coast worth R347mn (US$22.6mn)
Tanzania’s Tanga Port has acquired three new barges for US$10mn that will significantly increase storage capacity, reduce operational costs and improve overall port performance
Work on the second phase of Mombasa port’s second container is scheduled to commence in early 2017
Construction on Tanzania’s Bagamoyo Port is finally underway, and when completed, will be the largest port in East Africa
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