DP World, the Dubai-based global ports operator that has just begun work at the container terminal in Algiers port, says it will reduce ships’ waiting time from up to three weeks now to four days by the beginning of next year.
High demurrage costs caused by long periods waiting at anchor and to unload make Algiers one of the costliest Mediterranean ports.
Mohamed Al Khadar, general manager of DP World Algeria, says it costs €280 ($365) to ship a container from the UK to New York but to ship one from France to Algeria costs €600.
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