• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home highlights

Tema Port exceeds cargo traffic target for 2020

4 years ago
in highlights, Home, home-news, latest News, Maritime, Trade
2 min read
0 0
0
82
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Tema Port achieved one of its strongest performances last year despite trade disruptions caused by the novel Covid-19 pandemic.

Actual cargo traffic by trade for last year per data made available by the Port, exceeded its targeted volumes by 5.9 percent from 18,293,893 to 19,372,993 which is 11.16% higher than the 2019 volumes of 17,427,625.

Actual Cargo traffic by commodity also increased from a target of 18,186,164 to 18,909,586, representing 3.98% increase which was 9.20% growth from the 2019 volumes of 17,316,276.

The data also showed that container traffic by boxes of trade increased beyond a target of 685,735 to an actual figure of 837,919 in 2020, representing 24.17% which was 26.37% higher than the 2019 figure of 674,271.

Container traffic by TEUs of trade also saw an increase of 24.65% from a targeted figure of 1,031,796 to an actual volume of 1,286,161, a 27.18% more than the 1,011,269-figure obtained in the year 2019.

Speaking to the media, the Director of the Port of Tema, Mrs Sandra Opoku, described the achievement as encouraging considering the difficulties imposed by the COVID-19 pandemic on all sectors of the global economy in 2020.

She asserted that the sterling performance by the nation’s largest Commercial Port was a reflection of the improved service delivery systems that were adopted by the Port to eliminate impediments in the way of already frustrating importing public who were not only dealing with the direct effects of the coronavirus disease but also adjusting to harsh health protocols including restrictions in the movement of people.

RelatedPosts

Parliament Adjourns Sine Die After Intense Legislative Session Marked by Reform Calls and Tributes

GACL Terminates Evatex Revenue Assurance Contract Amid OSP Probe

Cyber Security Authority Flags Rising Mobile Data Scam, Cautions Public

“The performance of the Port is indicative that the COVID-19 did not adversely affect cargo traffic at the Port of Tema. And this is because the port administration put in place efficient measures to ensure that clearance processes, safety of vessels, crew, and cargo during the pandemic were protected,” she stated.

The 2020 comparative data analysis of the Tema Port also showed that imported cargo by trade in 2020 was 14,671,968 which is 4.34% higher than the target of 14,062,244 and 8.80% higher than the 2019 import volumes of 13,484,666

Export on the other hand, could be said to have been affected by the pandemic as people could not engage in their usual activities which may have affected production and subsequently the volumes of cargo meant for export.

The Port had targeted export volumes at 2,759,167 and this was reduced to 2,458,859, some 10.88% which was even 2.60% short of the 2,524,434 figure that was achieved in 2019.

But the Port of Tema Boss was optimistic, that 2021 may be a better year as government roles out effective measures to arrest the impact of the coronavirus pandemic particularly on the production sector of the economy.

The Director of Port of Tema also asserted that the 2020 port performance data demonstrated that the vision of Port of Tema to become the Transhipment Hub for West Africa was progressively on course as Transhipment in boxes of trade catapulted by 271.80% from 3,865 in 2019 to 14,370 in 2020 and also exceeding the 2020 target of 2,934 by 389.76%.

Transshipments in TEUs of trade exceeded the 2020 target by 536.36% from 3,498 to 22,260 which is a huge leap of some 406.59% from the 2019 figure of 4,394

Generally, there was also a surge in the volumes of vessels that called the Port of Tema from a targeted figure of 41,008,135 to the actual 56, 258,484 figures representing 37% obtained in 2020 which was also 37% higher than the 2019 figure of 41,098,601.

Mrs. Sandra Opoku said with determination and the introduction of innovations in service deliveries, she is expectant that 2021 volumes will even see an improvement in the Port’s performance and possibly exceed 20 million cargo volumes by the end of 2021.

Tags: cargo traffic targetContainer traffic by TEUsCOVID-19 pandemicexport volumesimport volumesTema portTransshipments in TEUs
No Result
View All Result

Highlights

Gov’t Reopens Talks With PayPal to Restore Full Service Access in Ghana

Financial Sector Assets up 34.6% in 2024 to GHS 525.59 Billion

Banking Sector Soundness Remains Robust in 2024 Amid Strong Profitability, Adequate Capital Buffers

Sha’Carri Richardson Withdraws from US Trials Following Arrest

From Singuluma to El Kaabi: Can CHAN 2024 Unleash the Next Hat-trick Hero?

Ghana to Welcome King’s Baton Relay on August 8 Ahead of 2026 Commonwealth Games

Trending

Features

Parliament Adjourns Sine Die After Intense Legislative Session Marked by Reform Calls and Tributes

August 2, 2025

Parliament Adjourns Sine Die After Intense Legislative Session Marked by Reform Calls and Tributes Parliament has adjourned...

GACL Terminates Evatex Revenue Assurance Contract Amid OSP Probe

August 2, 2025

Cyber Security Authority Flags Rising Mobile Data Scam, Cautions Public

August 2, 2025

Gov’t Reopens Talks With PayPal to Restore Full Service Access in Ghana

August 2, 2025
Bank of Ghana

Financial Sector Assets up 34.6% in 2024 to GHS 525.59 Billion

August 2, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.