At the MEPC 80 meeting in July 2023, member states of the International Maritime Organization (IMO) adopted the 2023 IMO Strategy on Reduction of GHG Emissions from Ships, with enhanced targets to tackle harmful emissions. This strategy...
Africa is at the cusp of a transformative journey, spearheaded by initiatives like the African Continental Free Trade Area (AfCFTA) and supported by international collaborations, notably the EU-WCO Rules of Origin Africa Programme. The essence of these...

South Africa’s first shipment under AfCFTA a giant leap for African unity and trade

There's an air of excitement and anticipation that's hard to miss in South Africa. President Cyril Ramaphosa, along with the Minister of Trade, Industry...

World Economic Forum’s Global Risks Report 2024 and how these risks affect shipping

The maritime and shipping industry facilitates the movement of goods across continents. In addition to risks that are inherent to the industry, this critical...

UNCTAD raises alarm over global trade disruptions

The smooth flow of global trade is pivotal for economic stability and development. The recent developments however have cast a shadow over this complex...

International Customs Day: The pivotal role of Customs in enabling global trade

The 26th of January 2024 (and every year) is celebrated as International Customs Day.. This day is an opportune moment to reflect on the...

The environmental consequences of circumventing the Panama and Suez Canals

In global trade, the routes chosen by cargo ships hold significant environmental and economic repercussions especially involving the Panama and Suez Canals. An article by...

Remarkable Sustainability and Efficiency milestones for PSA Mumbai in 2023

2023 has been a groundbreaking year for PSA Mumbai container terminal, situated in Jawaharlal Nehru Port (JNP) in Maharashtra, India. PSA Mumbai has not only...

Transition to T+1 settlement cycles in global securities markets – Swift

Global securities markets especially in North America are at a pivotal point as they transition towards shorter settlement cycles of T+1 (one-day settlement post-execution)...

India Club – navigating new waters in Protection and Indemnity insurance

On the back of rapid economic growth driven by several growth initiatives of the Government, India seems to be charting a course towards self-reliance...

A 13 nation warning to the Houthis – “end the attacks in the Red Sea or else….”

  The continuing saga of the Red Sea conflict seems to have drawn away from the original issue of the Israel/Gaza conflict and has now...

Digital Safeguards – Navigating the New Era of Secure and Authenticed Global Trade

Buoyed by significant and positive legislative changes, such as the United Kingdom's Electronic Trade Document Bill effective from September 2023, the global trade landscape...

Red Sea situation escalates as US Navy sinks Houthi boats on New Year’s Eve

The crisis in the Red Sea has seen a significant uptick on the last day of 2023 with militant attacks on commercial shipping and...

……….And here comes the costs for the Red Sea impasse

In any conflict or war situation, there are always collateral damages.. Trade in general, and the maritime industry, in particular, seems to have unfortunately...

Red Sea conflict seen as a wasted opportunity for South African ports

Some wise person once said, "One man's loss is another man's gain". While this may be true in many areas and to many parties,...

What you need to know about EU ETS and its impact on global shipping

Many of you would have no doubt heard the term EU ETS and its applicability to global shipping.. However many are not aware of what...

Global trade facing a double whammy with challenges in Suez and Panama Canals

Since their construction in different centuries, both the Suez and Panama Canals have played transformative roles in global trade, mainly by reducing travel distances...

COSCO SHIPPING accounts for around 6% of electronic bills of lading issued globally

*** Updated to correct the error in % calculation of eBLs issued *** The Electronic bill of lading (eBL) has been making its mark as...

IMO 2023 Strategy – A comprehensive approach to Maritime Decarbonization

The Marine Environment Protection Committee (MEPC 80) achieved a significant milestone in maritime environmental protection when they adopted the 2023 IMO Strategy on Reduction...

Arsenio Antonio Dominguez Velasco confirmed as IMO Secretary-General

The International Maritime Organization (IMO) Assembly has confirmed the appointment of Mr. Arsenio Antonio Dominguez Velasco as the next Secretary-General, effective from 1st January...

Transformative commitments made by shipping leaders at COP28

The United Nations Climate Change Conference, COP28, is convening in the heart of Dubai, from November 30 to December 12, 2023, drawing the world's...

Skepticism surrounds Transnet’s recovery plan amidst Government bailout

Transnet, the beleaguered State Owned Enterprise of South Africa in charge of running and operating several ports and terminals across South Africa received a...

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