You’ve probably heard about the impressive strides made by the Maputo Port Development Company (MPDC) and DP World Maputo, and their focus on developing corridors to bolster investments in the port complex. Well, it seems their strategy is really paying off.

According to MPDC’s annual results report, the Port of Maputo soared to new heights in 2023, handling a staggering volume of 31.2 million tons. That’s a whopping 16% growth compared to the previous year.

What’s particularly noteworthy is the diversity in the cargo handled. Out of the total volume, approximately 25 million tons consisted of various ores, ranging from chromium and ferrochrome to coal and vanadium.

MPDC’s CEO, Osório Lucas, emphasized the significance of this diversification strategy, highlighting a more balanced distribution of transported volumes. Interestingly, while 61% of the cargo was transported by road, a notable 39% was moved by rail—an 8.4% increase compared to the previous year, setting a new record for the Port of Maputo.

Grindrod, a major stakeholder in MPDC, has also been instrumental in enhancing transport links. They’ve been working on strengthening rail connections and have developed an alternative to the Maputo Corridor. Their efforts seem to be paying off, as evidenced by a remarkable 143% growth in export dry bulk volume through the Eswatini multimodal corridor operation.

All in all, the Port of Maputo’s continued growth and strategic initiatives underscore its position as a key player in the region’s freight and logistics landscape.

Source: Freight News