Two crew members from the tanker were injured, one critically and the other with minor injuries.
There has been a 56% decrease from the same time last year.
The dispute has dragged on for more than six years, with no resolution in sight. – Garry Marshall, Saepa.
It’s going to take some time for the liner trade to recalibrate around CoGH rerouting capacity.
With demand continuing to weaken in key markets, the airfreight sector could face pricing pressures.
Japanese truck maker aims to boost local production as the sector grapples with US tariff crisis.
CEO Patrik Berglund described the acquisition as a milestone for the company.
The project is funded by a $60bn deal with China Liancai Petroleum Investment Holdings Limited.
Mashatile says the country will continue to engage with the US to resolve the tariff impasse.
The next frontier lies in predictive insight and artificial intelligence, enabling predictive analytics.
Import credits must also be absorbable directly into local manufacturing businesses to reduce costs.