Volumes Increase Along Walvis Bay Corridor

VOLUMES along the Walvis Bay corridors, averaged a monthly record of over 95 000 tonnes in February, which is the highest monthly volume ever.

The growth in cargo volumes was also driven by the Walvis Bay-Ndola-Lubumbashi Development Corridor (WBNLDC), specifically the Democratic Republic Congo market which achieved an impressive 10 000 tonnes for the month of February 2014.

“Volumes along the TransKalahari Corridor for the Botswana and Zimbabwe market has also grown with much more consumables and construction material being transported through the port of Walvis Bay. Although markets such as Angola, Zimbabwe, Zambia and the DRC have experienced ger growth than other markets, the Gauteng market is slowly on the rise,” the Walvis Bay Corridor Group said yesterday.

Imports for the Brazil market via the Port of Walvis Bay for the SADC region are also increasing, which is a result of the branch office that the group established in Sao Paulo, two years ago.

“Our February volumes, once again, reaffirms that the Walvis Bay Corridors is the preferred trade route, when it comes to importing and exporting through the port of Walvis Bay, to and from Southern Africa,” said the group’s CEO, Johny Smith. “The record increase in these volumes is testimony to our success of our efforts to increase accessibility to our markets via the Walvis Bay corridors.”

The group said the Walvis Bay corridors are growing as an alternative trade route for markets to and from Southern Africa in that various commodities are being moved via the port of Walvis Bay, such as copper, vehicles, frozen products, machinery and equipment and consumables.

“The Walvis Bay corridors has become a prominent alternative for importers and exporters in the region and clearly implies a more efficient and effective service position using Walvis Bay, which offers a tremendous reduction in transit times,” the group said.

Source : The Namibian