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US$60 million West Africa Shipping Line start-up gets go-ahead
WEST Africa and Central Africa Sealink project (Sealink) is to go ahead following its initial investment of US$60 million to support trade between countries of West Africa and now Central Africa by the end of the year.
The project led by the Ghana Chamber of Commerce and Industry (GCCI) is to support intra-regional trade for Nigerian manufacturers and exporters.
The $60 million raised is promoted by the Nigeria Export/Import Bank (NEXIM) with further support expected from the Economic Community of West Africa States (ECOWAS).
The shipping line would be the second major shipping liner effort in Ghana in the last two years after the Ghanaian private sector launch of African Independent Coastal Services (AICS) that acquired the 1998-built 650-TEU Adobia.
The Adobia is a multipurpose container vessel which is operated by sister company African Independent Feeder (AI feeder) on a Tema-Takoradi container shuttle with inducement calls at Lome and Monrovia.
The AI Feeder, the Tema, Ghana-based container operator has begun a monthly shuttle service between Tema and Calabar, Nigeria to extend on its existing Tema-Takoradi shuttle which deploys the 650-TEU Adobia since launch in April 2013 for MLOs including Zim, Hapag-Lloyd and MOL.
The service is essential to the export of cocoa from Takoradi with empty containers bought from Tema. AI feeder plans to launch a container service to San Pedro, Ivory Coast, soon.
The project led by the Ghana Chamber of Commerce and Industry (GCCI) is to support intra-regional trade for Nigerian manufacturers and exporters.
The $60 million raised is promoted by the Nigeria Export/Import Bank (NEXIM) with further support expected from the Economic Community of West Africa States (ECOWAS).
The shipping line would be the second major shipping liner effort in Ghana in the last two years after the Ghanaian private sector launch of African Independent Coastal Services (AICS) that acquired the 1998-built 650-TEU Adobia.
The Adobia is a multipurpose container vessel which is operated by sister company African Independent Feeder (AI feeder) on a Tema-Takoradi container shuttle with inducement calls at Lome and Monrovia.
The AI Feeder, the Tema, Ghana-based container operator has begun a monthly shuttle service between Tema and Calabar, Nigeria to extend on its existing Tema-Takoradi shuttle which deploys the 650-TEU Adobia since launch in April 2013 for MLOs including Zim, Hapag-Lloyd and MOL.
The service is essential to the export of cocoa from Takoradi with empty containers bought from Tema. AI feeder plans to launch a container service to San Pedro, Ivory Coast, soon.
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