---

Construction work on a new deep sea port at Limbe, Cameroon, is due to begin next year and the last phase completed in 2035, according to officials commenting on the results of a feasibility study for the project.

The new port, which would be an export terminal for metals and other goods from neighbouring countries, is expected to be a boost to the local economy and a positive move in the long-term for the supply of marine fuels to ships calling at the new facility.

The port is to be developed in three phases with construction work scheduled to begin next year. The first phase, to build a conventional and bulk terminal at a cost of $400 million, will be completed in 2015, the second phase in 2025 and last phase in 2035.

Phases two and three, which will cost $260 million and $170 million respectively, will extend the terminal depending on traffic volume, a senior project official said.

A ceremony to present the results of the feasiblity study for the construction of the Limbe deep sea port took place at the Hilton Hotel in Yaounde on 30th April 2009.

According to the study, the cost of constructing the port has now increased to $830 million following the decision to construct a third terminal in order to facilitate the export of more goods.

For forther details regarding current and historical bunker prices at the port of Limbe, please click on the following link below:

http://www.bunkerindex.com/prices/port_x380mdo.php?port_id=368