Lomé Container Terminal sets new record

Monday, 13 December 2021 11:24
Lomé Container Terminal sets new record

(Togo First) - Over the past 11 months, the Lomé Container Terminal (LCT) handled one million containers or 1,450,000 TEU. The figure, disclosed last Tuesday, is a new record for the platform which was launched in 2014. Also, it makes the Togolese port the top port of the Gulf of Guinea, in terms of transhipping.

The LCT also drove Lomé among the top 100 ports worldwide, regarding container traffic. In 2020, the Terminal, which was yielded by a JV between China Merchant and Terminal Investment Limited (TIL), handled 1,366,114 TEU, up by 20% compared to 2019, despite Covid-19 hampering economic activity worldwide.

Since its commissioning (which necessitated the financial support of several major actors, such as IFC and Proparco), the volume of containers handled by the Lomé Container Terminal grew nearly 40 times (3,952%).

For the port operator, which receives an average of forty ships per month, "one of the pillars of this growth is the contribution of its main client, which is none other than MSC Mediterranean Shipping Company, which has made the Port of Lomé its preferred destination to serve Africa.” The world's second-largest shipowner said it plans to invest more than $30 million in the port by 2020 and $500 million by 2030. 

Overall, the Port of Lomé - which has gradually become, since the launch of LCT, the port of reference for transshipment in the sub-region with over 70% of containers handled being transshipped- continues to distance itself from its main competitors, in this segment. 

Fiacre E. Kakpo

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