Minister Succeeded by Brother as Head of Beira Port, O Pais Says

Cornelder de Mocambique, the Dutch-Mozambican venture that operates Beira’s port, named Adelino Mesquita executive administrator, O Pais reported, replacing his brother Carlos Mesquita, now transport minister.

Cornelder de Moçambique, or CdM, is a venture between state-owned Mocambique Ports and Railways, or CFM, and Rotterdam-based Cornelder Holding BV. Adelino Mesquita previously held a similar role at CFM, according to O Pais.

As well as cargo and container terminals, Cornelder operates a coal facility at Beira, the main point of export for coal mined by Vale SA and Jindal Steel & Power in Tete province. Beira, in central Mozambique, serves as port for landlocked neighbors Zimbabwe, Zambia, and Malawi, and handles cargo for Botswana and the Democratic Republic of Congo.

Carlos Mesquita was made minister of transport and communications by President Filipe Nyusi in January.

Before it's here, it's on the Bloomberg Terminal.