BRIEF — DP World Granted Extension For Angola’S Luanda Terminal Concession To 2051

Oct 6 (Reuters) — Dp World: Granted Extension For Angola’s Luanda Terminal Concession To 2051 And Announces Us$90 Million Expansion Granted A 10-year Extension To Its Concession To Operate The Multipurpose Terminal At The Port Of Luanda, Angola, Extending The Concession Term Through To 2051 Expansion Will Increase Concession Area To 37 Hectares, Extend Berth To 830 Metres And Raise Capacity To 1.2 Million Teus Expansion Expected To Reduce Vessel Turnaround Times By Up To 50% New Expansion Will Extend Terminal’s Quay By 222 Metres And Operating Area By 10 Hectares New Expansion Will Increase The Terminal’s Design Capacity To 1.2 Million Teus Further company coverage: DPWRD.UL (Reuters.Briefs@thomsonreuters.com;)