SA Customs Buzz: Latest on Covid-19 amendments

A bulker is drifting in the Red Sea after a drone boat struck it in the stern causing the vessel to take on water.

Afreximbank report reveals large untapped potential in intra-African trade.

E-fuels producers are waiting for clearer demand signals from ship operators before making large investments.

The easiest answer to ‘how high can rates go?’ would be to point to the maximum level seen during the pandemic. – Sea-Intelligence.

Smugglers have been nabbed with counterfeit clothing and illicit alcohol cargo at the country’s ports of entry over the past week.

One of the concerns is the doubling of trade restrictions since the pandemic.

A number of employees could be retrenched through the implementation of early retirement, voluntary severance, and natural attrition measures.

The capesize index dropped by 58 points, or 2.1%, to 2,726, marking its lowest level since May 29.

Regional port congestion has created bottlenecks, slowing down the movement of goods and increasing operational costs.

The Border Management Authority said it prioritises law enforcement activities at all ports of entry.

This increase in digital bookings is credited to the rising use of eBooking platforms.

The latest Red Sea attack from the sea and air has heightened security concerns in the region.