Several trades have seen average sailing speed reach multi-year highs as carriers rush to get their ships back for their next scheduled sailing.

Carriers have voluntarily waived or refunded $3.2m in charges raised by the Commission. 

They are expected to be delivered from the fourth quarter of 2026 to the first quarter of 2028.

“She is really doing everything possible to help our terminals."

“Current market conditions do not support the need for multiple transportation methods.” - United Manganese of Kalahari

The International Monetary Fund has lifted its outlook for the US and UK but lowered it for the Eurozone.

Prime Minister Keir Starmer has condemned Russia’s attacks in the Black Sea region and promised to boost its naval assistance.

Increased local production and exports to meet rising demand will generate additional tax revenue to support the fiscus, says Sapa.

The bloc should use its voice to advance global change – particularly on the resolution of conflicts.

Initiatives include improving the future of transport networks and connectivity through innovation and digitalisation.

On the back of a likely strong third quarter, growth expectations for the full year have been revised from 4-6% to around 6%.