The New Era reports that last year the Namibian Ports Authority announced plans for an ambitious N$1.7billion container terminal expansion at the port of Walvis Bay.
But this N$1.7b expansion project has not commenced as shareholder consultations continue.
The company also indicated that the existing container terminal at the port of Walvis Bay will reach its full capacity, with no possibility for expanding the stacking area, by 2012.
Liz Sibindi, the Manager for Corporate Communication at NamPort, has confirmed that the project has not commenced due to ongoing shareholder consultations.
The new container berths will be built opposite the existing berths 1 to 8 of the commercial port. They will be built on reclaimed land and connected to land by an access causeway at the southern end, near the Walvis Bay Yacht Club.
NamPort says materials for reclamation would be sourced from dredging operations within the port area. This will result in the deepening of basins, berthing pockets, as well as the deepening, widening and extension of the entrance channel from its current 6km length to about 8.2km.
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Dredging Today Staff, May 16, 2012;