Latest Bunker Prices

The use of market capitalisation is expected to be a key point of contention when ICTSI faces rival bidder APMT.

“Off-mine challenges, such as congestion at southern African seaports and equipment failures, continue to pose risks."

Figures show that in 2023 more than 120 narrow-body aircraft were converted into freighters.

Operated by Grindrod Logistics Africa, the new vessel has capacity to carry 21 fully loaded freight vehicles.

Analysts suggest the decision is likely an effort to manage capacity and stabilise declining freight rates.

The plans aim to develop back-of-port logistics capacity to meet the rising demand for container traffic through the Port of Durban.

The company has partnered with a major local operator to capitalise on expected double-digit growth in the parcel market.

Expansion is under way in Mombasa to ensure the port remains the biggest in East Africa.

The illicit consignments were dispatched from Florida to third-party transhippers.

The SHIPS for America Act was introduced in December by bipartisan lawmakers.

Before its launch, the NCS piloted the programme with six economic operators with a variety of business models.

Nearly two-thirds of respondents (63%) indicated that they had made packaging modifications.