Adani Ports to operate CT2 at Dar es Salaam Port
NewsAIPH has signed a 30-year deal with the Tanzania Ports Authority to manage Dar es Salaam’s Container Terminal 2, which handled 820,000 TEU in 2023.
Initial investment by Hutchison Port Holdings (HPH) in the construction of Karachi New Port (KNP) Container Terminals is estimated at US$457M, Karachi Port Trust (KPT) chairwoman Nasreen Haque said.
She said the KPT has been assured a minimum royalty payment of US$1.1B over the 25 year concession period but as per traffic projections, the earnings will go up to US$2.6B from royalty and lease charges.
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This complete item is approximately 300 words in length, and appeared in the May 2009 issue of WorldCargo News, on page 8. To access this issue download the PDF here.
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