No Result
View All Result
Tuesday, April 7, 2026
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Business

Misrata Free Trade Zone celebrates port expansion

bythomwestcott
March 10, 2014
Reading Time: 2 mins read
A A
Misrata Free Trade Zone celebrates port expansion

(Photo: Taher Zaroog)

By Taher Zaroog and Tom Westcott.

(Photo: Taher Zaroog)
The launch of the new dock at Misrata Free Trade . . .[restrict]Zone (Photo: Taher Zaroog)

Misrata/Tripoli, 10 March 2014:

Misrata has celebrated the opening of a new dock in its Free Trade Zone which will boost the number of vessels that can berth at the port.

The new dock’s dimensions – 804 metres in length with a depth of 13 metres – enables the commercial port to now accommodate medium-sized cargo vessels. With the additional dock, up to 19 ships can berth at any one time.

The ribbon-cutting ceremony at the new dock (Photo: Taher Zaroog)
The ribbon-cutting ceremony at the new dock (Photo: Taher Zaroog)

At the opening ceremony, a project establishing a new port and container terminal, some eight kilometres east of the port was announced. The new terminal, which will fall under the Misrata Free Trade Zone, will have berths 20 metres deep that can accommodate some of larger container vessels not currently able to call at any port in Libya.

RELATED POSTS

The first Libyan Bosnian Business Forum held in Misrata deemed an economic turning point between the two countries

Libyan – Bosnian Business Forum – to be held from 29 to 30 March in Misrata

The proposed terminal could turn Misrata into a Mediterranean hub for containers in transit able to compete with Maltese and Italian ports. An area of 15 hectares has been set aside specifically for this purpose.

The new port will be constructed on an area extending to 3,000 hectares. Shipping sources in Misrata said that more than 50 international companies have already expressed interest in setting up or investing in projects on the new site.

Misrata Free Trade Zone is one of the country’s best-equipped ports for handling containers, boasting the only two gantry cranes in Libya. This has helped it become one of the country’s most successful ports and, in 2013, it reported handling a record number of containers.

Last year 208,339 twenty foot equivalent units (TEUs) were unloaded at the port, compared to 159,634 in 2012.

As the only independent Libyan port authority, Misrata is also not obliged to use the state handling company, the Libyan Ports Company (LPC). Staff at other Libya ports claim that LPC’s monopoly over stevedoring and limited working hours cause long delays in the unloading of vessels.

(Photo: Taher Zaroog)
Foundations for the new electronic gateway are unveiled (Photo: Taher Zaroog)

As part of ongoing improvements to and modernisation of the Misrata Free Trade Zone, yesterday’s ceremony also saw the unveiling of the foundation for the port’s new electronic gateway.

Work on the new dock was carried out by Turkish company TML. [/restrict]

Tags: Businesscontainer shippingcontainer terminalfeaturedLibyaMediterraneanMisrataportsshippingTurkey

Related Posts

NOC announces force majeure at Zawia port
Business

NOC Chairman Suleiman reveals the highest crude oil production rates in ten years

April 6, 2026
Libya dinar continues to gain strength against hard currencies in black-market – remaining below LD 5 per dollar over last week: Report and analysis
Business

CBL continues briefings to talk up the dinar – vows to inject US$ 1.5 billion and bring dinar down to the LD 6.90 mark

April 6, 2026
Dusseldorf Airport lists in its schedule two direct MedSky flights to and from Libya from 17 May
Business

Dusseldorf Airport lists in its schedule two direct MedSky flights to and from Libya from 17 May

April 6, 2026
National Housing and Real Estate Development Programme opens registration for construction companies to implement new and stalled projects
Business

National Housing and Real Estate Development Programme opens registration for construction companies to implement new and stalled projects

April 5, 2026
New Minister of Economy and Trade Suhail Abu Shiha finally assumes his duties following completion of official handover
Business

New Minister of Economy and Trade Suhail Abu Shiha finally assumes his duties following completion of official handover

April 5, 2026
Tunisia’s New African Transit Corridor via Ras Jedir: An Opportunity for Libya to Become a Trade Gateway to sub-Saharan Africa
Business

Tunisia’s New African Transit Corridor via Ras Jedir: An Opportunity for Libya to Become a Trade Gateway to sub-Saharan Africa

April 5, 2026
Next Post

North Korean-flagged tanker still in port - NOC

Washington warns of legal action and sanctions over illegal oil cargo

Top Stories

  • HSC‘s National Accord Bloc calls on relevant authorities to act against the ”corrupt and illegal” Arkenu Oil Company

    Aldabaiba instructs CBL to terminate Arkenu Oil Company’s oil sales agreement

    0 shares
    Share 0 Tweet 0
  • Belgasem Hafter reneges on US-brokered agreement by refusing to cut development spending – sends dinar crashing

    0 shares
    Share 0 Tweet 0
  • Libya to host for first time part of Flintlock 2026 multinational military exercises in mid-April

    0 shares
    Share 0 Tweet 0
  • Libyan dinar will be down to LD 7.90 before mid-April: CBL briefing

    0 shares
    Share 0 Tweet 0
  • Tunisia’s New African Transit Corridor via Ras Jedir: An Opportunity for Libya to Become a Trade Gateway to sub-Saharan Africa

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

Military Intelligence Chiefs Conference for the Sahel and Mediterranean countries 2026 held in Tripoli

Latest developments regarding tanker “Badr”, being detained by Bulgaria in port of Burgas, discussed.

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.