{"id":77734,"date":"2024-10-04T13:46:00","date_gmt":"2024-10-04T13:46:00","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/namport-celebrates-30-years-of-growth"},"modified":"2024-10-04T13:46:00","modified_gmt":"2024-10-04T13:46:00","slug":"namport-celebrates-30-years-of-growth","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/namport-celebrates-30-years-of-growth","title":{"rendered":"Namport celebrates 30 years of growth"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Namibia. <\/strong><\/span>The Namibia Ports Authority (Namport) marked its 30th anniversary with a celebration of achievements and a reaffirmation of its role in Namibia\u2019s economic growth and global trade.<\/p>\n<p>Established in 1994, Namport has experienced remarkable growth over the past 30 years, with its asset base expanding from N$93 million to N$6.9 billion.<\/p>\n<p>The workforce increased from 318 to 820 employees, while revenue surged from N$57 million to N$1.7 billion. Operating profit also saw a significant rise from N$14 million to N$650 million. Container throughput increased from 20000 to 171000 TEUs, peaking at 330000 in 2012, and bulk cargo volumes grew from 1.7 million tonnes to over 8 million tonnes annually. These figures were shared by Namport CEO Andrew Kanime as they celebrated and reflected on Namport\u2019s significance to Namibia.<\/p>\n<p>Over the past three decades, Namport has expanded its operations, and established itself as a key player in Africa\u2019s maritime industry.<\/p>\n<p>The Port of Walvis Bay\u2019s history dates back to 1487 when it was discovered by explorer Bartholomeu Diaz.<\/p>\n<p>After periods of British and South African control, Walvis Bay was reintegrated into Namibia on 1 March 1994, four years after the country\u2019s independence.<\/p>\n<p>During the celebration, Kanime acknowledged the workforce\u2019s contributions to the organisation\u2019s success.<\/p>\n<p>\u201cTogether, we have built a strong foundation and a solid institution, anchored in our values of caring, connected, committed, collaborative, and creative. It is important that we continue to stand together as the Namport family as we nurture Namport for another 30 years of growth and prosperity,\u201d he said.<\/p>\n<p>Reflecting on the past three decades, Kanime described the journey as both challenging and exciting.<\/p>\n<p>\u201cIt has been a long, yet exciting 30 years since incorporation. Over these years, we have grown significantly,\u201d he added, sharing key highlights of Namport\u2019s progress since 1994.<\/p>\n<p>He also highlighted the importance of the ports to Namibia and the Southern African region, especially after Walvis Bay\u2019s reintegration in 1994.<\/p>\n<p>\u201cOver these 30 years, Namport has not only grown in size, but also in reputation. We have established ourselves as a key player in the maritime industry within our region and beyond,\u201d Kanime noted.<\/p>\n<p>Looking to the future, he outlined Namport\u2019s vision for further expansion, and its commitment to remaining competitive in the global maritime industry. He emphasised the importance of partnerships and investments in infrastructure, equipment, systems, and personnel.<\/p>\n<p>\u201cBy shifting to a landlord model, we will actively pursue partnerships to develop and acquire adequate port infrastructure to meet the growing needs of our port users,\u201d he stated.<\/p>\n<p>He also mentioned the concessioning of the new container terminal, and the planned dredging of the Walvis Bay entrance channel, which will significantly increase vessel-handling capacity.<\/p>\n<p>\u201cWith the concession, we look forward to a significant increase in volumes, vessel calls,, and the size of vessels. This will be crucial for enhancing our connectivity, competitiveness and appeal to customers locally and regionally,\u201d Kanime said.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/namibia\">Namibia<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Namibia. The Namibia Ports Authority (Namport) marked its 30th anniversary with a celebration of achievements and a reaffirmation of its role in Namibia\u2019s economic growth and global trade. Established in 1994, Namport has experienced remarkable growth over the past 30 years, with its asset base expanding from N$93 million to N$6.9 billion. The [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":77733,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[234,236,233],"class_list":["post-77734","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Namport celebrates 30 years of growth - Namibia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/namibia\/all-news\/namport-celebrates-30-years-of-growth\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Namport celebrates 30 years of growth\" \/>\n<meta property=\"og:description\" content=\"Africa-Press &#8211; Namibia. The Namibia Ports Authority (Namport) marked its 30th anniversary with a celebration of achievements and a reaffirmation of its role in Namibia\u2019s economic growth and global trade. Established in 1994, Namport has experienced remarkable growth over the past 30 years, with its asset base expanding from N$93 million to N$6.9 billion. 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