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GOOD NEWS FRIDAY – 21 April 2023

We have an exciting week behind us with the AfCFTA Business Forum closing on Tuesday evening – now we await to hear when we can start trading under this phenomenal agreement...

Dear Friends

We have an exciting week behind us with the AfCFTA Business Forum closing on Tuesday evening – now we await to hear when we can start trading under this phenomenal agreement – watch this space for updates!

As the AfCFTA Agreement is the flagship of the African Union – the forum focused on Accelerating AfCFTA Implementation, so it is moving forward and we will be at the forefront.

On Wednesday we heard the potential good news that the AGOA agreement, currently expiring on 30 September 2025, renewal could be on the agenda for this year’s meeting.

EWC, in collaboration with WESGRO & Western Cape Government are 100% supportive of this extension and a survey was circulated yesterday, which is vital for industry’s input to ensure we continue trading under AGOA into the future.

If you have not received the survey, please drop me an email as our voice must be heard!

The port stats for week of 10 – 16/04 below:

The port handled 69 vessel movements: 25 inbound; 25 departures & 19 shifting’s ; 4 vessels @ anchor.

CTCT: 17858 TEU handled with 7 hours of wind delays, 14% night runs and 249 rail moves
CTMPT: Only 254 TEU Handled out of target of 1331 – not a good week due to lack of vessels calling – a good marketing opportunity for our port to improve the current situation,
FPT: 34% stack occupancy; 5 vessel handled; 1 Dry, 1 Container, 1 Multi Cargo : 836 TEU, dry bulk: 9273 MT; B/B : 201.58 MT; Fruit : 4762 pallets.

Thanks to the EWC relationship with TNPA, we are pleased to advise that a Tug Tour has been arranged for Wednesday 10th May – however, it must be pointed out that EWC members will get preference to come on board.

On this note we complement our Port Manager and his team by launching the Port Recovery Plan on 16th March and we note it is already paying dividends!

Tujenge Afrika Pamoja!