This year, Port of Namibe expects to transport a volume of cargo in the order of 1,108,533 tons, compared to the 1,088,524 tons of general cargo transported in 2023, 48% of which under cabotage, 46% for export and 6% for import
The chairman of the board of directors, Manuel Nazareth Neto, who was taking stock of the activities carried out from January to December 2023, said that the Port of Namibe handled, in 2023, 1,088,524 tons of general cargo, 48% of which under the cabotage, 46% for export and 6% for import, as well as containers totaling 23,662 TEU were handled, of which 12,181 were full and 11,481 were empty.
According to the director, forecasts for the current year indicate a cargo volume of around 1,108,533 tons. Last year, likewise, 169 ships were operated throughout the year ending, 66 of which were linked to coastal shipping and 103 long-haul navigation ships, while this year the forecast is for 181 ships to be operated. With regard to revenue collection, Manuel Nazareth Neto said that more than 6 billion kwanzas were collected, highlighting that ornamental rocks represented 95% of total exports, compared to 4% of pig iron and 1% of miscellaneous cargo.
“Operating revenues and expenses for the year 2023 generated profitability for the company, without affecting financing, amortization, provisions and taxes on profits, in the order of Kz 4,698,159,878.24, a margin of 57%, representing an increase marginal 12%, compared to the year 2022”, he said. He explained that the company carried out work to recover financial assets, through a “task force” created in 2023, which made it possible to resolve debts from customers that were difficult to collect, amounting to around 4 billion kwanzas. “The amounts recovered allowed an increase in the receipts efficiency ratio and an improvement in the amounts received, in relation to those invoiced, in the order of 45%”, he highlighted.
In terms of proportionality of expenses, compared to receipts, there was also an improvement in terms of rationalization, as the amount spent represents only 75% of the amount equivalent to that received. In the financial field, he said that there was a nominal increase in net tax revenue, in the order of 41%. The official highlighted, on the other hand, the first export of 19 thousand and 500 tons of pig iron produced in Cuchi, Cuando Cubango, to the markets of China and the United States of America.
