Grindrod to develop Maputo port.

26 Dec, 2008

South African shipping and logistics group Grindrod has announced plans to develop Maputo port as an alternative to Durban and to facilitate the movement of goods and raw materials into and out of the southern African region.

The $500 million proposed upgrade includes the expansion of the container terminal from its current capacity of 100,000 teus or 20-foot equivalent units per annum to 400,000 teus in 2009, as well as of the existing ferro and chrome and car terminals at the port. The company also plans to build new multi-purpose terminals and overhaul existing local road and rail infrastructure.

Maputo port is operated by Maputo Port Development Company (MPDC) on a concessionary basis. MPDC is controlled by Portugal