A successful test train project has removed thousands of truckloads from the roads.
The facility will be built within three to five years at a greenfield site near the existing port site.
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 average delay for late vessel arrivals has marginally declined, reveals a new report.
Implicated auditing firm McKinsey alone repaid R870 million to Transnet.
The new export orders purchasing managers index rose to 49.5 in March, remaining slightly below the growth expectation threshold.
The average global spot rate rose to $2.59 per kg, its highest level this year.
The load underpins the importance of sustainability in maritime fuel consumption.
The government is working with a US railway team on the Lobito Corridor Master Plan.
“Dr Motsuenyane championed the principles of unity, economic empowerment, and self-reliance.”
This comes after Eskom achieved an Energy Availability Factor (EAF) of 65.5% on Wednesday.
A criminal syndicate delivered fake Zircon and Chloride to the Port of Richards Bay and diverted the real cargo to a warehouse.