Northern Development Corridor rail and port operations grow in first half of year

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Northern Development Corridor rail and port operations grow in first half of year

2:27 CAT | 07 Aug 2018

File photo: Macauhub

Mozambique’s Northern Development Corridor (CDN) rail and port operations registered a remarkable increase in the first half of the current year, against the same period of 2017.

From January to June, rail cargo transported reached 221,000 tons against 212,000 tons in the 2017, a growth of 5 percent.

“The growth in general cargo transport is due to the increase in cargo sent by our customers, improvements in the operation and internal management processes. The CDN will continue to improve its processes and increase competitiveness,” CDN Commercial Manager Dário Viegas said.

In the same period, the volume of cargo handled at the port of Nacala reached 941,000 metric tons, compared to 841,000 tons in the first half of 2017, an increase of 8 percent.

The growth in the volume handled is due to the improvement of the Mozambican economy, with an increase in imports and the start of graphite exports from the Balama mine.

Containerised cargo volumes through Nacala increased by 8 percent, registering 39,000 TEUs against 31,000 TEUs for the period under consideration last year.

[TEU’S (twenty-foot equivalent unit) is a standard measure used to calculate the volume of a container. A TEU represents the carrying capacity of a normal shipping container, 20 feet long, 8 wide and 8 high.]

About the Northern Development Corridor Company (CDN)

The Northern Development Corridor is a joint stock company constituted and registered in Mozambique for the integrated management, rehabilitation and commercial exploitation of the Nacala Port infrastructure and the northern Mozambique railway.

The Nacala Corridor Project stretches from the northern region of Mozambique throughout Malawi and Zambia, creating an efficient and cost effective service which links the port of Nacala in the north of Mozambique with Malawi.

The objective is to integrate synergies between inter-modal transport systems, taking into account the environment and the sustainable development of the region.

Source: CDN Press Release