Namibian Port Authority
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Namibian Port Authority
The Namibian Ports Authority (Namport) is a state owned enterprise established by an act of parliament as the national port authority of Namibia, managing principally the ports of Walvis Bay and Lüderitz, as well as managing a Syncrolift dry dock facility in Walvis Bay. Namport was founded in 1994. Its head office is located in Walvis Bay. Port of Walvis Bay Walvis Bay is Namibia's largest commercial port, handling on average 3,000 vessel calls per year and over 5.3 million tons of cargo. Facilities at the port include a container terminal, privately operated bulk cargo terminal and six tugboats. The expansion of the port will commence in 2012 to increase container storage capacity to 900,000 TEU's. There is a Syncrolift dry dock facility at Walvis Bay harbor, for lifting ships out of the water for repair, separate from the port facilities proper. Walvis bay is linked to landlocked SADC countries via road corridors mainly the Trans Caprivi, Trans Kalahari, Trans Kunene and ...
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State Owned Enterprise
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and develo ...
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Petroleum Exploration
Hydrocarbon exploration (or oil and gas exploration) is the search by petroleum geologists and geophysicists for deposits of hydrocarbons, particularly petroleum and natural gas, in the Earth#Crust, Earth using petroleum geology. Exploration methods Visible surface features such as oil seeps, natural gas seeps, Pockmark (geology), pockmarks (underwater craters caused by escaping gas) provide basic evidence of hydrocarbon generation (be it shallow or deep in the Earth). However, most exploration depends on highly sophisticated technology to detect and determine the extent of these deposits using exploration geophysics. Areas thought to contain hydrocarbons are initially subjected to a gravimeter, gravity survey, magnetometer, magnetic survey, passive seismic or regional Reflection seismology, seismic reflection surveys to detect large-scale features of the sub-surface geology. Features of interest (known as ''leads'') are subjected to more detailed seismic surveys which work on ...
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Port Authorities
In Canada and the United States, a port authority (less commonly a port district) is a governmental or quasi-governmental public authority for a special-purpose district usually formed by a legislative body (or bodies) to operate ports and other transportation infrastructure. In Canada, the federal Minister of Transport selects the local chief executive board member and the rest of the board is appointed at the recommendation of port users to the federal Minister; while all Canadian port authorities have a federal or Crown charter called '' Letters Patent''. Numerous Caribbean nations have port authorities, including those of Aruba, British Virgin Islands, Bahamas, Jamaica, Cayman Islands, Trinidad and Tobago, St. Lucia, St. Maarten, St. Vincent and the Grenadines. Central and South America also have port agencies such as ''autoridad'' and ''consorcio'' (authority and consortium). In Mexico, the federal government created sixteen port administrations in 1994–1995 called ''Admin ...
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Government Of Namibia
The government of Namibia consists of the executive, the legislative and the judiciary branches. The Cabinet is the executive organ of government, implementing the laws of the country. It consists of the president, the prime minister and his deputy, as well as the ministers. The legislative organs of government are the National Council and the National Assembly. They make the laws of the country. The judiciary organs of government are the courts. The highest court of Namibia is the Supreme Court. There are also the high courts and lower courts. The Namibian government is partly centralised and partly regional. In the executive branch, central government consists of ministries, offices and agencies, whereas regional government consists of regional councils, and constituencies within these. The legislation is centralised in the lower house (National Assembly), and regional in the upper house (National Council). The judiciary is centralised in the Supreme Court, whereas high cour ...
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Companies Of Namibia
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pe ...
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Namibia Economist
The ''Namibia Economist'' is a Namibian newspaper published digitally that focuses on local business and financial topics. It is published exclusively in English English usually refers to: * English language * English people English may also refer to: Peoples, culture, and language * ''English'', an adjective for something of, from, or related to England ** English national ide ..., Daniel Steinmann is the editor. First published in 1991 it appeared as a printed monthly newspaper. ''Namibia Economist'' published its last printed edition on 25 November 2016. The web site was established in 2001 and continues. References {{reflist External links Official web site Online publishing English-language newspapers published in Namibia Weekly newspapers published in Namibia Newspapers established in 1996 1996 establishments in Namibia Finance & Investment articles by quality ...
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Transport In Namibia
This article deals with the system of transport in Namibia, both public and private. General History The beginnings of organised travel and transport routes in the territory of South West Africa, today Namibia, have not yet been established. This is due to the lack of any written records relating to roads prior to the twilight of the 19th century. Archaeological work has dated one stretch of road in the south-western Brandberg Massif to 1250 AD. Although no other such early examples have been found, it is certain that this road was not the only one of its kind. The first permanent road, established for ox wagons, was built at the initiative of Heinrich Schmelen, Rhenish missionary in Bethanie in the early 19th century. It led from Bethanie to Angra Pequeña, today the town of Lüderitz, and was intended to serve the natural harbour there in order to become independent of the Cape Colony. Road Namibia's road network is regarded as one of the best on the continent; road con ...
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Mining In Namibia
Mining is the biggest contributor to Namibia's economy in terms of revenue. It accounts for 25% of the country's income. Its contribution to the gross domestic product (10.4% in 2009, 8.5% in 2010, 9.5% in 2011, 12.3% in 2012, 13.2% in 2013, 11.6% in 2014) is also very important and makes it one of the largest economic sectors of the country. Namibia produces diamonds, uranium, copper, magnesium, zinc, silver, gold, lead, semi-precious stones and industrial minerals.KPMG (2014). Namibia. Country Mining Guide'. KPMG INTERNATIONAL. p.3 The majority of revenue (7.2% of GDP in 2011) comes from diamond mining. In 2014, Namibia was the fourth-largest exporter of non-fuel minerals in Africa. Overview Namibia has a long tradition of mining. In 2018, mining contributed 14% of GDP and expanded 28%. Extensive exploration in Namibia for base metals, diamonds, gold, natural gas, and uranium has been attributed, in part, to the rise in world commodity prices. Under the Mining Act, the natural ...
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Port Operator
A port operator is a port authority or company that contracts with the port authority to move cargo through a port at a contracted minimum level of productivity. They may be state-owned (particularly for port authorities) or privately run. The work involves managing the movement of cargo containers between cargo ships, trucks and freight trains and optimizing the flow of goods through customs to minimize the amount of time a ship spends in port. Maintaining efficiency involves managing and upgrading gantry cranes, berths, waterways, roads, storage facilities, communication equipment, computer systems and dockworkers' union contracts. The port operator also manages paperwork, leases, safety and port security. Largest port operators This is a list of the world's largest port operators in terms of total cargo tonnage handled. *Hutchison Port Holdings (Hong Kong, People's Republic of China) * PSA International (Singapore) *DP World (Dubai, United Arab Emirates) *APM Terminals (The H ...
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Port Authority
In Canada and the United States, a port authority (less commonly a port district) is a governmental or quasi-governmental public authority for a special-purpose district usually formed by a legislative body (or bodies) to operate ports and other transportation infrastructure. In Canada, the federal Minister of Transport selects the local chief executive board member and the rest of the board is appointed at the recommendation of port users to the federal Minister; while all Canadian port authorities have a federal or Crown charter called '' Letters Patent''. Numerous Caribbean nations have port authorities, including those of Aruba, British Virgin Islands, Bahamas, Jamaica, Cayman Islands, Trinidad and Tobago, St. Lucia, St. Maarten, St. Vincent and the Grenadines. Central and South America also have port agencies such as ''autoridad'' and ''consorcio'' (authority and consortium). In Mexico, the federal government created sixteen port administrations in 1994–1995 called ''Admin ...
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Diamond Mining
Diamond is a solid form of the element carbon with its atoms arranged in a crystal structure called diamond cubic. Another solid form of carbon known as graphite is the chemically stable form of carbon at room temperature and pressure, but diamond is metastable and converts to it at a negligible rate under those conditions. Diamond has the highest hardness and thermal conductivity of any natural material, properties that are used in major industrial applications such as cutting and polishing tools. They are also the reason that diamond anvil cells can subject materials to pressures found deep in the Earth. Because the arrangement of atoms in diamond is extremely rigid, few types of impurity can contaminate it (two exceptions are boron and nitrogen). Small numbers of defects or impurities (about one per million of lattice atoms) color diamond blue (boron), yellow (nitrogen), brown (defects), green (radiation exposure), purple, pink, orange, or red. Diamond also has a very ...
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Mining Industry
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic viability of investing in the equipment, labor, and energy required to extract, refine and transport the materials found at the mine to manufacturers who can use the material. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials, and ...
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