Bunker prices are down $14 from last week’s $290 to $276 today. Courtesey of Cockett Marine Oil
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Tariff constraints must be addressed with the likes of China.
Cargo division carries 2.3 million tonnes of goods around the world, up 7% from the previous year.
The decision serves to “prevent, mitigate and resolve bottlenecks and additional breakdowns”.
The port’s container terminal has invested approximately R1.5 billion in new equipment over the past 18 months.
An update states that as a result, rail operations in and out of Durban were affected.
A sudden rediversion of global traffic through the Suez Canal would unleash surplus tonnage back into regular trade lanes.
The primary responsibility remains the protection of the local industry from PRRS outbreaks.
The government would deepen the implementation of current reforms in energy and logistics.
Disruption is particularly acute in Sudan, where civil conflict has devastated infrastructure.
“No ship, other than a South African-owned ship, is permitted to engage in coastwise traffic for the conveyance of goods between ports in SA.”
More than 200 light aircraft, including helicopters and small twin-prop planes, are expected to fly in.
