The funds will facilitate the first phase of the logistics company’s five-year turnaround plan.

The Malta-flagged ultra-large container vessel lost 44 containers off the coast of South Africa during last week’s stormy weather.

He has prioritised the creation of a comprehensive, coherent policy environment to ensure the sector keeps up with technology.

Covering approximately 13 200 kilometres, the route is projected to take 20 to 25 days.

Singapore authorities dispatched search and rescue teams to airlift injured crew.

International attention remains fixed on North Atlantic and Western Indian Ocean.

The logistics sector impacts the full spectrum of South Africa's GDP contributors. – Dr Juanita Maree

Jesper Kristensen served for 34 years, the last 17 years as Group CEO.

Burning ammonia produces nitrous oxide, a greenhouse gas about 300 times more potent than CO2.