By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FmStarr FmStarr Fm
  • Home
  • Election Hub
  • General
    GeneralShow More
    Wrongfully jailed Ghanaians can seek compensation – Justice Suurebaareh
    June 17, 2025
    We haven’t begun holding government accountable yet – Dr Afriyie
    June 17, 2025
    University of Ghana suspends 14 students for misconduct, sanctions 97 for exam offences
    June 17, 2025
    Mpox cases in Ghana hit 91 after six new infections
    June 17, 2025
    NPP Chairman temporarily steps away from party activities over health concerns
    June 17, 2025
  • Business
    BusinessShow More
    Fitch Upgrades Ghana’s Credit Rating to B-, Cites Strong Economic Reforms Under Ato Forson
    June 16, 2025
    IEA rejects Tullow Oil licence extension, urges petroleum sector reform
    June 16, 2025
    GRA suspends rollout of GH¢1 fuel levy indefinitely
    June 14, 2025
    Mahama directs Finance, Energy Ministers to safeguard Ghana’s economic gains amid Israel-Iran tensions
    June 14, 2025
    President Mahama announces 30,000-ton rice mill project in North East Region
    June 14, 2025
  • Politics
    PoliticsShow More
    Wrongfully jailed Ghanaians can seek compensation – Justice Suurebaareh
    June 17, 2025
    We haven’t begun holding government accountable yet – Dr Afriyie
    June 17, 2025
    NPP Chairman temporarily steps away from party activities over health concerns
    June 17, 2025
    Anthony Joshua visits President Mahama to discuss sports development in Ghana
    June 16, 2025
    We need urgent funding to rescue judiciary’s failing digital infrastructure – Justice Adjei
    June 16, 2025
  • Entertainment
    EntertainmentShow More
    Hezron Clarke releases seductive afrobeats single “Property Manager” with reggae flavor
    June 14, 2025
    3rd GhanaFest Alberta launched; slated for July 25-27 in Canada
    June 14, 2025
    Discharging guns in public is a crime – Lawyer Prince Mankotam
    June 14, 2025
    Shatta Wale plans legacy project with Koo Nimo after emotional request
    June 14, 2025
    First-ever Ghanaian kids podcast set to launch
    June 12, 2025
  • Sports
    SportsShow More
    Theo Lopez Dethrones ‘The Emperor’ in Stunning Fashion to Win WBO Africa Bantamweight Title
    June 16, 2025
    Ghana Boxing’s Breaking Point: Who Will Mediate Before It All Collapses?
    June 16, 2025
    Accra Lilies celebrate second straight win in women’s T20 series.
    Accra Lilies clinch back-to-back wins in women’s T20 friendly series
    June 16, 2025
    Asante Kotoko lift 10th FA Cup title with dramatic win over Golden Kick FC
    June 15, 2025
    Coach Abu Kassim awarded Women’s Coach of the Year at Ghana Football Awards 2025
    Police Ladies’ Abu Kassim crowned Women’s Coach of the Year
    June 15, 2025
  • Technology
    TechnologyShow More
    AgriTech Challenge Pro showcases potential of the agricultural sector to create jobs for the youth
    May 29, 2025
    Crypto regulation to spur innovation, attract investment
    May 20, 2025
    Ghana Grows Empowers 32 Youth with Skills Training and Business Support
    May 16, 2025
    Real QLED – Samsung’s innovations redefine picture quality standard
    May 14, 2025
    Real QLED TV from Samsung: Mirroring real life
    May 14, 2025
  • International
    InternationalShow More
    Fifty Ghanaians in Iran decline evacuation amidst conflict – Patrick Boamah
    June 16, 2025
    Gov’t to evacuate Ghanaians from Iran over escalating Israel-Iran conflict
    June 16, 2025
    Why the U.S. May Impose Visa Restrictions on Ghana in 2025
    June 16, 2025
    President Mahama and UK High Commissioner Harriet Thompson in farewell handshake
    Mahama bids farewell to UK High Commissioner, commends four years of corporation
    June 13, 2025
    Haruna Iddrisu seeks Qatar’s support to establish Islamic medical school in Northern Region
    June 12, 2025
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: MPS at TEMA Port emerges as the first Port-of-Call
Share
Notification Show More
Font ResizerAa
Starr FmStarr Fm
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
Business

MPS at TEMA Port emerges as the first Port-of-Call

Erica Nana Arthur By Erica Nana Arthur Published November 22, 2023
Share
SHARE

In a strategic move, Meridian Port Services Ltd (MPS), operator of Terminal 3 at Tema Port, has been chosen as the first port of call for the newly introduced WAX service by the esteemed French shipping company, CMA-CGM.

The WAX service is strategically designed to serve West Africa, the Far East, and Southeast Asia, creating a direct link between these vital regions and facilitating efficient shipping of gateway volumes and trans-shipment activities.

CMA CGM attributes the launch of this service to the operational capabilities of terminals in West Africa, particularly highlighting the continuous investments made by MPS to enhance operational efficiency and service standards at Terminal 3 of Tema Port.

Mr. Mohamed Samara, CEO of MPS, underscored the significance of this service deployment, emphasizing MPS’s key role in fostering connectivity between Africa and the global trade network. Samara stated, “MPS remains the premier port in West and Central Africa, committed to delivering seamless and efficient cargo handling services for shipping lines.”

Highlighting the progress made in the last five years, including the acquisition of 15 new cranes and the commitment to expand storage capacity with the scheduled completion of a new yard in 2025, Mr Samara reassured customers of MPS’s dedication to innovation. He emphasized that this commitment creates an enabling environment for shipping lines, elevating trade routes with West Africa.

Revamped Liner Service

CMA CGM and Maersk Line have jointly restructured their services connecting the Far East and Southeast Asia with West Africa, announcing the revamping of the Asia-West Africa Services effective from the first week of December. The updated Far East-West Africa (FEW) services promise enhanced connectivity, increased reliability, and faster transit times, aligning seamlessly with the operational capacities of Meridian Port Services Ltd. at Terminal 3 of Tema Port.

The new WAX service will embark on its journey from the port of Qingdao in China, progressing to South Korea, with stops at Gwangyang, and then traversing several ports in China, including Shanghai, Ningbo, Shekou, and Nansha. The route continues through Singapore and Malaysia’s Tanjung Pelepas hub ports before reaching West Africa. MPS Terminal 3 at Tema Port will be the first port of call in West Africa, followed by Lekki, Abidjan, Pointe Noire, and a direct return to the Far East, with stops at the hub of Colombo, Singapore, Xiamen, before returning to Qingdao.

Being the first port of call for vessels on the Far East service, MPS Terminal 3 grants Ghana’s trade and industry the advantage of the shortest transit time compared to all other ports in the region.

The updated rotations aim to provide reliable schedules and efficient connections, featuring larger vessel deployments. With a strengthened fleet of 13 vessels, each boasting a nominal capacity of 14,000 TEUs, the tailored services will be dedicated to Ghana, Nigeria, Côte d’Ivoire, and the Congo.

Shortened Transit Times, Reduced Costs, and Enhanced Competitiveness

The decision to select Tema Port as the first port of call holds profound implications for Ghana’s trade and industry. This strategic choice is poised to deliver the shortest transit time, resulting in a reduction of shipping costs and an overall enhancement of the logistics chain.

The shortened transit time not only expedites the movement of goods but also minimizes associated costs, contributing to a more cost-effective and competitive trade environment. This efficiency enables businesses to operate with increased agility and responsiveness to market demands, fostering growth and competitiveness.

In essence, the designation of Tema Port as the first port of call underscores not only the port’s capabilities but also its key role in driving economic development through improved trade efficiency, reduced shipping costs, and an optimized logistics chain. This development positions Ghana as a dynamic hub in the global marketplace, benefiting not only the vibrant trade and industry sector in Ghana but also neighbouring coastal countries and landlocked nations such as Burkina Faso, Niger, and Mali.

You Might Also Like

Fitch Upgrades Ghana’s Credit Rating to B-, Cites Strong Economic Reforms Under Ato Forson

IEA rejects Tullow Oil licence extension, urges petroleum sector reform

GRA suspends rollout of GH¢1 fuel levy indefinitely

Mahama directs Finance, Energy Ministers to safeguard Ghana’s economic gains amid Israel-Iran tensions

President Mahama announces 30,000-ton rice mill project in North East Region

TAGGED:MPsTEMA
Share This Article
Facebook Twitter Email Print
Share
Previous Article Stop throwing shade at Mahama, 24-hour economy achievable – Sa-ad to Bawumia
Next Article Give NPP a 3rd term to operationalize Mahama’s E-block Schools – Adutwum

Starr 103.5FM

Starr FmStarr Fm
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!

Subscribe to our newsletter and never miss our latest in news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?