Maximising West Africa trade potential
Much of the world growth is happening in West Africa In West Africa, 22 new ships show how a well-designed container vessel can be an important driver of efficiency and increased reliability. But what can it do for the long-term economic development of developing countries like Ghana and Nigeria? A new study takes a closer look.In West Africa where much of the world's growth is happening, lack of deepwater ports and facilities prevents large ships from calling the ports. Instead, ports are clogged with small ships that spend a lot of time getting in and out, but carry very little cargo.This inefficiency has knock on effects: the longer a vessel spends in port, the greater its transport costs and the higher its emissions of local and global pollutants. This has a detrimental impact on trade in the region, affecting the ability of local businesses and their dependants to prosper and grow.Why size matters for customers and the bottom-lineMaersk Line's new 4,500 TEU vessels - the WAFMAX (West Africa Max) - carry more than twice as much cargo as other ships calling ports in West Africa.They were designed to improve Maersk Line's service offering to customers using the Far East Asia ...
Read more