Trade from the Far East bound for East Africa will depart from Colombo in Sri Lanka, and Nhava Sheva in India. The port at Nhava Sheva will also serve cargo originating from the Indian subcontinent and Arabian Gulf, alongside ports in Pakistan and the UAE.
According to APL’s vice president of Intra-Asia, Middle East & Australia Trade, Jason Wong, Africa’s expanding economy continues to report impressive GDP growth, averaging about 5% annually in the past six years. In East Africa, economic growth is projected to accelerate to around 6% in 2007 and 2008.
The EAX port rotation is: Colombo (Sri Lanka) > Dar Es Salamm (Tanzania) > Mombassa (Kenya) > Nhava Sheva (India) > Port Qasim (Pakistan) > Jebel Ali (UAE) > Mombassa > Dar Es Salamm > Colombo.
“The recent increase in demand that APL has witnessed in this region suggests East Africa is ready for a service of this nature,” said Wong, adding that the EAX is in line with APL’s strategy of adopting an early entry approach in emerging markets.