Port productivity figures don’t add up – transporter
Transnet Port Terminals (TPT) was achieving more with ten cranes two years ago at the Durban port than it was doing at present with 12.
IMO2020 to hike bunker cost by 50%
Bunker costs per TEU would increase by more than 50% from January 2020 as a result of the International Maritime Organisation’s (IMO) 2020 low sulphur compliance law, according to transport economists MDS Transmodal.
US promotes ties with Namibia through new initiative
The United States reassured Namibia during a media briefing held by the US ambassador in Windhoek, Lisa Johnson, that it remained committed to the African Growth and Opportunity Act (Agoa).
Transnet halts port strike with interdict
Transnet has confirmed that it has obtained a court interdict to stop the illegal strike action by employees at the Ngqura Container Terminal.
Western Cape ‘supercharges’ red tape reduction unit
Western Cape premier Alan Winde has revealed plans to expand the Red Tape Reduction Unit as part of an initiative to accelerate economic growth in the province.
MSC Gayane released on $50m bond
United States authorities have released the MSC Gayane following a bond payment of $50 million, US attorney William McSwain has revealed.
SA university research could lead to glass solar power breakthrough
Academics from South Africa’s University of the Free State (UFS), Professor Hendrik Swart and Lucas Erasmus, are doing joint research with Ghent University in Belgium towards developing a new type of window glass that would in effect be a transparent solar panel.
Mozambique shifts FDI focus to China
Garment and textile manufacturing as well as cashew and fruit processing have been identified as some of the light industry and manufacturing sectors that Mozambique will be marketing in a bid to woo China for FDI.
Backlogs at Transnet’s Ngqura port also due to inefficiency – Untu
A backlog at stateowned freight and rail company Transnet’s Ngqura terminal in Port Elizabeth is not only due to a “go-slow” strike, but also inefficient management, the United National Transport Union (Untu) has said.
Ford SA’s new plant creates 1 200 jobs
Ford South Africa has announced it will create 1 200 new jobs as its Silverton Plant in Pretoria as it moves to a 24-hour operation.
