The line is further strengthening its position in the region with its latest port investment.
Sobantu Tilayi has been suspended pending the outcome of an internal investigation.
New management and political leadership are slowly turning Transnet Freight Rail around.
Domestic and export selling price inflation has eased on the back of a marked decline in production costs.
A total of 33 people have been rescued since the vessel capsized on Monday.
Recently, MSC chartered an 8 030 TEU ship for $90 000 per day, highlighting current competitiveness.
The new equipment has boosted efficiency and could be a game changer for all neo-bulk exports.
The port at the mouth of the Pungwe River achieved a significant 18% growth in throughput.
The executive failed to comply with his duty to exercise due diligence to comply with health and safety rules, the court ruled.
The equipment is part of the port’s strategy to replace its container terminal fleet.
Fruit exporters are heartened by transport minister Barbara Creecy’s candid assessment of problems in the Port of Cape Town.
