Adani Ports Acquires Dar Es Salaam Container Terminal

Tanzania's port of Dar es Salaam has granted a 30-year concession to Adani International Ports Holdings Pte Ltd (AIPH) to operate and manage container terminal 2 (CT2) in an effort to improve competitiveness in the East Africa region. AIPH will invest in upgrading facilities to increase capacity and efficiency, following a similar move by DP World to run other berths at the port.
Share it now

In an effort to improve its competitiveness in the East Africa region, Tanzania’s port of Dar es Salaam has granted a 30-year concession to Adani International Ports Holdings Pte Ltd (AIPH) to operate and manage container terminal 2 (CT2). This move comes after the port fell behind competitors such as Djibouti and Mombasa in Kenya. AIPH will take over the running of berths eight to 11, which handle an estimated 83 percent of Tanzania’s total container volumes, with the goal of improving capacity and efficiency.

Adani’s entry into the port of Dar es Salaam follows a similar move by Dubai state-owned DP World, which was granted a 30-year concession to run berths four to seven. Both global operators are expected to invest in upgrading facilities to improve cargo clearing systems and reduce congestion at the port. The port of Dar es Salaam has faced challenges with strained facilities causing delays and shipping lines seeking alternatives, such as Kenya’s Mombasa port.

To address the capacity constraints at the port, the Tanzania Ports Authority (TPA) has invested in deepening and widening the gateway to berths one to seven. Adani is set to invest in increasing the depth of berths 8-11 to accommodate more vessels simultaneously. The entry of Adani and DP World is expected to boost trade volumes and economic cooperation between the ports in East Africa. Adani aims to transform Dar es Salaam port into a world-class facility and increase its presence in the African continent as part of its global port operator ambitions.

Source .

 

Share it now