Transporters are claiming damages from DAF, Daimler/Mercedes, Iveco, MAN, Scania and Volvo/Renault after they were found guilty of price fixing.
There has been an alarming increase in incidents aboard vessels transiting the region.
“Importantly, it was a year of profitable growth.” - Willie Walsh.
A new partnership between the ports of Walvis Bay, Lüderitz and Sines aims to develop a digital Atlantic hub.
There remains a good argument for SA to be positioned as a hub for renewables in the EV sector.
Marine insurance for Suez sailings has skyrocketed, costing about 20 times more than before the Houthi attacks started.
Without course corrections, most low-income countries are unlikely to graduate to middle-income status by mid-century.
Tariffs could lead to retaliatory measures from other countries, potentially escalating into a trade war.
Vessels owned by Israeli companies will remain at risk of attack until the ceasefire agreement has been fully implemented.
Finland’s police intervened just in time to prevent further damage to subsea cables and a gas pipeline.
“They can go find another ‘sucker!’ There is no chance that the Brics will replace the US dollar in international trade."
The 114 727-dwt bulker sustained damage to its cargo hatches during the incident and had to return to anchorage.
