“The move is part of a proactive approach amidst continued near-term headwinds in the container shipping market.” – Eli Glickman.

Unfortunately, the often weather-bound port has been warned of inclement conditions coming in over the weekend.

A competing line that came closest to Hapag-Lloyd’s stellar performance was Maersk with earnings of £233 163 per employee.   

Green methanol and biodiesel will power the vessel fleet.

“This is a strategy to enhance our debt collection processes.” – Tebogo Moraka, CFO for the CoJ.

The SOC said it plans to spend R84.9bn in the next five years on infrastructure at Transnet Freight Rail.

Eyamahosi Truck Stop has said it will “support harbour-bound logistics in Richards Bay.”

Exports are projected to grow by about 21% in the 2023/204 financial year.

“While some countries have imposed their own carbon taxes, the idea of a global tax regime has not gained much traction.”

Critical factors under scrutiny include vessel turnaround times, safety protocols, cost-saving measures and operational efficiencies.

The RMB/BER Business Confidence Index reflects a rebound in retail sector confidence.

The French shipping line is strengthening its position as a global terminal operator.