Lloyd's List is part of Maritime Intelligence

This site is operated by a business or businesses owned by Maritime Insights & Intelligence Limited, registered in England and Wales with company number 13831625 and address c/o Hackwood Secretaries Limited, One Silk Street, London EC2Y 8HQ, United Kingdom. Lloyd’s List Intelligence is a trading name of Maritime Insights & Intelligence Limited. Lloyd’s is the registered trademark of the Society Incorporated by the Lloyd’s Act 1871 by the name of Lloyd’s.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

Printed By

UsernamePublicRestriction

Abu Dhabi Ports commences Angolan multipurpose port operations

ADP has committed at least $250m to development of the new Noatum Ports Luanda Terminal

UAE operator starts business at new Luanda port facility as part of a 20-year concession at the container, general cargo and ro-ro terminal, which also includes establishment of new logistics partnership in Angola

ABU Dhabi Ports has started operations at its new multipurpose terminal in the Angolan port of Luanda, as the UAE-based ports group continues to expand into sub-Saharan Africa.

In April last year, ADP agreed a 20-year concession agreement with the Luanda Port Authority for the long-term management of the facility at Angola’s largest port, which handles about 76% of the country’s container and general cargo volumes, and supporting logistics activities together with local partners, Unicargas and Multiparques.

The port of Luanda serves as a key transhipment hub for central and West Africa, and facilitates trade with Democratic Republic of Congo and the landlocked Zambia.

ADP committed to an initial investment of $250m in the rebranded Noatum Ports Luanda Terminal through to 2026, while also developing Noatum Unicargas Logistics, a joint venture providing integrated logistics, transport and freight forwarding services for local, regional and international clients.

ADP has an 81% share in the multipurpose terminal venture, which will also boast ro-ro capabilities alongside box and general cargo operations, with Unicargas and Multiparques, in addition to a 90% stake in the logistics business with Unicargas. Noatum Unicargas Logistics will be fully integrated into ADP’s subsidiary Noatum Logistics global network. ADP acquired logistics and terminal operator Noatum for $660m in 2022.

Noatum Ports Luanda Terminal will be equipped with modern container handling equipment, including three super post-panamax ship-to-shore cranes and eight rubber-tyred gantries, which will be installed by the third quarter of 2026, according to ADP. This will increase annual capacity from its existing 25,000 teu to as much as 350,000 teu, as the terminal becomes the country’s first able to handle containerships up to 14,000 teu. Upgrades will also see the terminal able to handle 40,000 vehicles each year.

ADP’s Angolan investment is part of more than $800m invested by the company in recent years across sub-Saharan Africa, which also includes investments in Egypt, the Democratic Republic of Congo and its acquisition of berths 8 to 11 at Dar es Salaam port in Tanzania in partnership with Indian port operator Adani.

ADP said investment in its Angolan concession, which has the option of being extended by another 10 years, could increase to $380m in line with market demand.

 

 

Related Content

Topics

  • Related Companies
  • Related Places
  • UsernamePublicRestriction

    Register

    LL1152443

    Ask The Analyst

    Please Note: You can also Click below Link for Ask the Analyst
    Ask The Analyst

    Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

    All fields are required.

    Please make sure all fields are completed.

    Please make sure you have filled out all fields

    Please make sure you have filled out all fields

    Please enter a valid e-mail address

    Please enter a valid Phone Number

    Ask your question to our analysts

    Cancel