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Freight & Trading Weekly

LAST WEEK’S TOP STORIES ON FTW ONLINE

01 Feb 2019 - by Staff reporter
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Record mega-ship deliveries continue Just as the shipping industry appeared to be moving in the right direction with rising demand and disciplined capacity supporting firmer freight rates, the order book for megaships of 18 000 TEUs and above seems to have moved into overdrive.

Sin tax, Sars and skelm smoking weigh on tobacco industry Sin taxes imposed on smokers coupled with the loss of skilled customs officials at the SA Revenue Service (Sars) have translated into the biggest threat the local tobacco industry has faced.

Wine exports up despite drought Despite a low-yielding harvest in 2018, thanks to the drought, South African wine exports were up 4% to bring in total revenue of R9.06 billion.

SAA’s Blantyre suspension move welcomed as ‘responsible’ The South African Civil Aviation Authority (SACAA) has welcomed South African Airways’ (SAA) decision to ground two of its flights to and from Blantyre, Malawi as an “expected response from a responsible operator”.

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FTW 1 February 2019

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