Yaoundé - 22 May 2019 -

Douala port to auction the shipwrecks removed by Bonifacio

Douala port to auction the shipwrecks removed by Bonifacio
  • Comments   -   Friday, 08 June 2018 16:23

(Business in Cameroon) - The shipwrecks removed from Douala port will be auctioned. This was revealed by the port's authority informing that the shipwrecks removed from the port will be cut into pieces and sold in strict respect of environment and security standards.

The authority also reminds that the important part of this removal operation is to free spaces in the port; not the amount generated by the auction since the fund disbursed for the removal operation is higher than what the auction could generate.

Let’s note that to date, 80 old ships are in the Douala port but, during the current operation, 25 will be removed by the Italian Company Bonifacio hired for the task.

Sylvain Andzongo

Mags frontpage

Business in Cameroon n75: May 2019

Private Equity emerges in Cameroon

Interview with the Managing Director of Jumia Cameroon

Investir au Cameroun n85: Mai 2019

L’émergence du Private Equity au Cameroun

Rencontre avec le DG de Jumia Cameroun