Shanghai Containerized Freight Index (SCFI) spot rates collapsed on Pacific trade routes with a sharp decline of 31% to the US West Coast and 23% to the East Coast.
Transnet has signed a 10-year agreement for Liebherr to supply and service a range of cranes.
The Central Energy Fund (CEF) has been granted access to the terminal in a bid to boost broad-based black economic empowerment (B-BBEE).
August volumes significantly increased from last year’s 372 939 tonnes.
Aviation fuel, safety, taxes and commercial pilot age limits will be discussed at the UN’s International Civil Aviation Organization (ICAO) event.
The alleged criminals were arrested over two days and have been charged for breaking various laws.
A total of 447 pallets, weighing over 292 tons and amounting to 685 cubic metres, were transported.
The deal highlights potential applications of advanced nuclear power in the maritime sector.
The RTGs form part of Transnet’s R3.4 billion terminal capital investment plan.
The supplier’s entry into the country has been hailed as a strong vote of confidence in the local market.
Besides the port’s entrance, he also said congestion at Machipanda was a problem.
The authority is partnering with the SAPS and SANDF to boost operations.