Two-ship collision shuts down Bosphorus Strait

Tariff constraints must be addressed with the likes of China.

The decision serves to “prevent, mitigate and resolve bottlenecks and additional breakdowns”.

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 government would deepen the implementation of current reforms in energy and logistics.

“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.”