Logistics company Damco has appointed Maggie Mostyn as general manager for the KZN region, based in Durban. She brings 16 years of clearing and forwarding experience to the position.
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The acquisition is valued at approximately EUR 14.3 billion.
Complicating matters is overcapacity in the liner trade because of a surge in new vessel deliveries.
The airline has two pairs of landing slots at London Heathrow, which it is leasing out but could reclaim with adequate notice.
‘Fruitful’ discussions held with CEO of the Citrus Growers’ Association and Fruit SA.
The facility is between the Port of Dakar and the city’s industrial area.
The government is implementing economic reforms to make the country more attractive to investors.
The RFA Risk Index indicated that in March, the road freight sector experienced more than 60 criminal incidents per day.
Critical priorities include mobilising finance for a Just Energy Transition and debt sustainability for developing economies.
The measures would raise customs duties on components used in solar, wind and battery storage systems.
The explosion was caused by chemicals that ignited in shipping containers.
Vessels operating in the Mediterranean must cut sulphur limits to 0.1% by 1 May.
The strong demand may have been partly due to front-loading as businesses tried to beat Trump’s 2 April tariff announcement.
