The price of bunker fuel for the Port of Durban is still rising after Cockett Marine Oil recorded today’s price as $230.
Last week the price was jittery, falling to #210 on Thursday before bouncing back to $220 on Friday.
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The service is facing critical staff and equipment shortages and has had to apply for an extension to update its flight procedures.
Transiting the Cape of Good Hope is not the shipping line’s preferred route due to the navigational risks.
The company’s strong financial results were driven by improved port and terminal operations and higher revenue per container load.
Export demand rose by 15 points although selling prices per production unit declined in the first quarter.
Since October 2017, gas-rich Cabo Delgado has been facing an armed rebellion.
Housing and utilities and food and non-alcoholic beverages contributed most to annual price inflation in February.
It is unclear whether any of the officers were arrested for using government property.
South African ports, more specifically the container terminals, have been under intense scrutiny due to low productivity, among other things.
Local consumers favour green fruit, but international demand for yellow-fleshed varieties is growing.
Houthi rebels have claimed responsibility for another assault on a US aircraft carrier group.
Has South Africa's ports turned the corner?
