A successful test train project has removed thousands of truckloads from the roads.
“We encourage all fleet professionals to take a few minutes to complete the survey." – Justin Manson, Webfleet.
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.
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.