The industry association will promote increased cargo movement via rail through inland ports to cut costs and boost performance.
Reports state that KQ’s exit from the DRC will result in a capacity shortfall of about one-third.
Specialised equipment closely monitoring vessel’s positioning and movement.
The release bodes well for maritime risk in the Persian Gulf, Gulf of Oman, Red Sea and Gulf of Aden.
Projected fleet size by April 2026 sees MSC growing size advantage substantially.
The facility will be built within three to five years at a greenfield site near the existing port site.
Recovery from maritime upheaval is expected to result in “an improved outlook for the coming quarters”.
The improvement is likely because of the recent extended period of no load-shedding and some improvement in port productivity.
Peter Besnard, CEO of Saasoa, highlights the detrimental effects of ageing equipment and inadequate maintenance at South African ports.
The French government has paid 85% of the costs of a €100-million vaccination campaign.
A successful test train project has removed thousands of truckloads from the roads.
The average delay for late vessel arrivals has marginally declined, reveals a new report.
Implicated auditing firm McKinsey alone repaid R870 million to Transnet.