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Friday, 13 September 2013

Bolloré says Togo Terminal’s third wharf will be ready this year

Togo Terminal, in Lomé Togo Terminal, in Lomé © Bolloré Africa Logistics

Bolloré Africa Logistics says that the third wharf at Togo Terminal, in Lomé, will be operational by the end of 2013.

Work is nearing completion on the 450 metre long wharf which will offer a draught of 15 metres, Bolloré said earlier this week, adding that its Togo Terminal will support ships with a capacity of up to 7,000 TEUs.

Vinci was awarded a €42.5 million contract to plan and build the third container berth at Togo Terminal, a subsidiary of Bolloré Africa Logistics.

The French developer says that the yard extension, carried out by Eiffage, is also progressing fast. It should double the storage area, taking it to 38 hectares (93 acres).

Togo Terminal is to be equipped with five ship-to-shore (STS) gantries and 24 yard gantries, all due to be operational in 2014.

Bolloré says that a total of around €450 million is being invested in the modernisation of Togo Terminal, whose mid-term throughput target is one million containers per year.

A second terminal is under construction at the Port of Lomé, following the award of a concession which will be run and jointly owned by Terminal Investments Limited (TIL) and China Merchants Holdings International (CMHI).

Earlier this year, the International Finance Corporation (IFC) arranged a €225 million debt package for this project called Lomé Container Terminal (LCT).

The LCT would offer more than 1km of quay equipped with 12 STS cranes. It would spread over 48 hectares and have the capacity to move 2 million TEUs a year. More importantly, it would accommodate draughts of 15.5 metres and thus be able to service vessels of up to 14,000 TEUs.

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