Wednesday, February 8, 2023

News

DP World has won a major concession to develop, operate and maintain the mega-container terminal at Deendayal port in Gujarat, on the western coast of India. The project involves the construction of a mega-container terminal at Tuna-Tekra...
Transnet SOC Limited, a state-owned enterprise of South Africa, operates several divisions such as Ports, Rail, Pipelines, and Engineering and is considered the largest and most crucial part of the freight logistics chain that delivers goods...

Proof of Interoperability sparks sign ups for trade documentation transfer – CargoX

CargoX, one of the few electronic trade documentation transfer platforms approved by the IG P&I Clubs for electronic bills of lading is reportedly seeing...

Electricity is coming to South Africa, possibly by ship

South Africa is one of the largest countries in Africa, the 25th biggest in the world, and currently ranked 31st among major economies and...

Emerging and developing countries forced into multi-year period of slow growth..??

Sharp, long-lasting slowdown to hit developing countries hard 2023 global growth to slow to 1.7% from 3% expected six months ago 2023 forecasts...

Bolloré Africa Logistics is now officially part of the MSC Group

The Mediterranean Shipping Company (MSC) Group has now completed its acquisition of Bolloré Africa Logistics (BAL), through its wholly-owned subsidiary SAS Shipping Agencies Services...

The end of Container Dwell Fee at San Pedro Bay ports

The Container Dwell Fee announced by the San Pedro Bay ports of Long Beach and Los Angeles on the 25th of October 2021 will...

France working on accelerating electronic trade documentation and trade finance

Following the announcement of the UK to legislate electronic trade document transfer, long-time trade rival and erstwhile EU partner France is now looking to...

TradeLens to be shutdown due to lack of commercial viability

TradeLens, an open and neutral industry platform underpinned by blockchain technology started by Maersk and IBM to offer customers digital freight solutions will soon...

MSC receives first branded aircraft, amid dropping air cargo demand

Following CMA CGM’s recent venture into the world of air freight and Maersk’s re-entry into the business, MSC (Mediterranean Shipping Company), the world’s largest...

CMA CGM Group grows its revenue by 29.9% Y-o-Y reaching $19.91 Billion in Q3 of 2022

CMA CGM Group, founded by Mr.Jacques Saadé, is currently the 3rd largest container shipping line in the world, owning and operating over 600+ container...

South Africa wants a National Shipping Line – public invited to comment

South Africa occupies the Southern-most tip of Africa with a long coastline stretching more than 3 000 km from Namibia on the Atlantic coast...

Decline in spot freight rates accelerates as carriers struggle to contain the drop

The SHIFEX index, which monitors container ocean spot freight rates, showed that freight rates for 40’ containers moving from China to the port of...

Single window for EU customs created and new rules adopted for digital collaboration

Efficient customs clearance and controls are essential for the smooth flow of global trade. One of the ways in which countries are achieving this...

Financial reward for investing in low emission fuels – decarbonising shipping

Ships using low/net zero emission fuels would be financially rewarded for the emissions they prevent. Measure aims to ensure at least 5% of...

What to expect from Manifest 2023 in Las Vegas – view the agenda

After months of research and planning, Manifest has officially released its agenda for the 2023 event. The best of the best in the logistics and...

Transnet strike in South Africa officially over as SATAWU calls off strike

SATAWU (South African Transport and Allied Workers Union) who initially rejected a wage negotiation deal reached between Transnet and majority union UNTU (United National...

Transnet concludes 3 year wage deal while South Africa counts costs of the strike

Transnet, the State Owned custodian of ports, rail and pipelines in South Africa concluded a 3 year wage agreement with majority labour union UNTU...

A tale of seafarer courage, resilience, and injustices they face – Captain Andrzej Lasota

At the height of COVID-19, some 400,000 seafarers (yes close to half a million) from across the globe were stranded on ships due to...

Haulage to inland destinations to attract Inland Fuel Adjustment Factor – Maersk

If you are a new customer about to sign a service contract with Maersk or an existing contract customer whose rate contract is up...

Nı́colas Henrique Marques Esperança De Souza is Young Ship Agent/Broker 2022

FONASBA has announced Nı́colas Henrique Marques Esperança De Souza, of Wilhelmsen Port Services in Santos, Brazil as the winner of its Young Ship Agent...

South Africa joins list of countries going through labour disputes in logistics sector

Workers belonging to some unions have embarked on a strike at the ports of Durban and Richards Bay in South Africa, resulting in work...

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