The Russian shadow fleet currently consist of 443 tankers, each carrying a DWT of over 10 000.
The vessel, carrying 400 000 barrels of oil, risks leaking oil off the coast of Thailand.
New concession agreements will expand access to terminals, cruise routes and logistics capabilities across the country.
The shipping line will provide a ‘cash contribution’ and assist in kind with access to its vessels for pilots and trials.
The cranes’ sophisticated cargo-tracking technology could be used to disrupt port traffic and to gather data on military shipments.
The department has secured private-sector investment pledges in the economy worth more than R1 trillion.
About 90% of containers moving freight globally are high cube but boxes exceeding 4,3 metres remain banned on SA roads.
The majority of 2 700 global supply chain professionals surveyed expect container prices to rebound in the coming months.
Analysts estimate that half of the exports are moved on tankers linked to Russia or to the world’s ‘dark fleet’ of grey-market tonnage.
The shipping line is taking delivery of two ultra-large vessels in the next two weeks.
Exporters are looking to move their shipments to neighbouring countries to avoid congestion at the Port of Durban.
