Bunker prices are down $14 from last week’s $290 to $276 today. Courtesey of Cockett Marine Oil
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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.
The brownfield development opportunity in Maydon Wharf spans 145 hectares and features 15 berths.
TNPA said it forms part of its masterplan for ports in KwaZulu-Natal.
This move is seen as a significant step in the industry’s push towards automation.
The company has committed $120 million for the initial development and feasibility studies.
The city’s port and airport precinct have been targeted in the attacks over the past four days.
