(Business in Cameroon) - The Cameroonian Minister of Transportation, Robert Nkili (photo), has announced that it has received approval from the Cameroonian registered companies, Fako Transport and Shipping Company Ltd (Fakoship) and Gulf of Guinea Investment Shipping and Trading Corporation (Gulfin), “for towing and mooring services (assisting with the berthing of ships at the docks) in all maritime, river and landing ports at Cameroon.”
Minister Nkili is reminding the heads of both companies to work more closely “with autonomous port organisations for the rest of the concession and transfer procedure,” as “the activities and the application of these approvals must be carried out after receiving authorisation from the competent autonomous port authority.”
These two new approvals have officially created competition in towing and mooring in Cameroonian ports as, before Fakoship and Gulfin, which was already hardly visible in the oil distribution sector as `the only authorised entity was the French company Boluda.