From January to December 2023, the rail-port system handled 90 million tonnes, a figure that represents an increase of nine million tonnes compared to 2022, when 81 million tonnes were handled at all ports and railways. The information is contained in the Report and Accounts of the public company Portos e Caminhos-de-Ferro de Moçambique (CFM) for the financial year ending 31 December 2023.
According to an article published this Monday, July 22, by the Carta de Moçambique news portal, the Mozambican railway system transported around 26.5 million net tonnes, compared to 33.6 million planned tonnes, representing an execution of 79% and a growth of 8% compared to the same period last year of 24.6 million tonnes.
The website explains that of the amount of cargo transported in 2023, the report states that on the lines operated by CFM company, around 12.3 million net tonnes were transported during the financial year, compared to 14.3 million planned, which corresponds to an 86% achievement compared to what was planned.
Compared to the volume transported in the same period in 2022, there were no major variations.
CFM
“In terms of passenger transport, 6.6 million passengers were transported in the period under review, which corresponds to a 25 per cent increase compared to the previous year, when 5.5 million passengers were transported. This is the result of the full operation of the railcars that were inaugurated in August 2022, increasing passenger transport capacity in the south and centre of the country,’ reads the message from the company’s board of directors in the report.
As for the handling of port cargo in all the ports under concession and under CFM’s management, from an overall point of view, the source states that the system recorded an execution level of 95% of the plan and an increase of 12% compared to the previous period, handling 63.3 million metric tonnes (mtm), compared to 56.4 million recorded in 2022.
CFM’s train
Regarding the port terminals under CFM management, around 12.2 million mtm were handled during 2023, compared to 13.21 million mtm handled in 2021, which represents a growth of 7%.
The CFM Report and Accounts emphasises that, despite the positive results, 2023 was marked by several negative factors, such as natural disasters, most notably Cyclone Freddy. In total, the disasters that occurred in the first half of 2023 caused losses estimated at 2.4 billion meticals, of which 1.9 billion meticals resulted from damage to the Ressano Garcia and Goba Lines and 506 million meticals related to the 35-day stoppage of the Sena Line.
The company’s net profit was 2.9 billion meticals compared to 2.3 billion meticals, an increase of 26 per cent.
