CFM Celebrates 129th Anniversary with Major Rail Upgrades and Station Expansion

On 8 July 2024, the Ports and Railways of Mozambique (CFM) celebrated three significant milestones: their 129th anniversary, the completion of the first phase of a 42 km dual track upgrade on the Ressano Garcia Line, and the expansion of the Passenger Railway Terminal at Maputo Central Station. The Ressano Garcia Line project, inaugurated by President Filipe Nyusi, was self-funded by CFM at a cost of USD 80 million in

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Volumes at Port of Beira trending upwards

Cold chain volumes in southern Africa are rising as capacity improves and the sector attracts more investment. Marco Grobbelaar, general manager at Independent Beira Logistics Terminals and Services (IBLT&S), reports a notable increase in volumes along the Beira corridor. Competitive landside operations and ocean freight rates compared to surrounding ports are key factors driving this growth. Import volumes of fertilizers and high expectations surrounding them also play a significant role

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MSC Becomes First Container Shipping Line to Command 20% of Global Capacity

Mediterranean Shipping Company (MSC) has reached a significant milestone by becoming the first container shipping line to command a 20% share of the global containerized capacity. The Swiss carrier has rapidly expanded, outpacing the overall market, and is on the verge of reaching a capacity of six million twenty-foot equivalent units (TEU). This achievement marks a historic shift in the industry, as MSC has surpassed its long-time rival, Maersk, which

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IATA Urges South Africa’s New Govt to Prioritize Aviation for Economic Growth

The International Air Transport Association (IATA) has urged South Africa’s new Government of National Unity (GNU) to prioritize the development of its aviation sector as a vital driver of economic growth and job creation. “South Africa’s aviation industry is poised for significant growth over the next 20 years, adding 345 million additional passenger journeys by 2043,” said Kamil Al-Awadhi, IATA’s regional vice president for Africa and the Middle East. “With

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Qatar Airways Expansion to Enhance Air Travel and Business Connectivity in Africa

Qatar Airways’ expansion plans are set to significantly boost air traffic and access to business markets in Africa. The airline recently announced its intention to invest in a Southern African airline, alongside plans to acquire a 49% stake in RwandAir and a 60% stake in the new Kigali airport currently under construction. Bonnie Smith, general manager of FCM travel management company, noted that these developments bode well for the growth

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Trafigura Launches Port Operations at Lobito, Transforming Logistics for the Copperbelt

Multinational commodities trader Trafigura has announced that Angola has received its first vessel at the minerals terminal at the Port of Lobito, a development expected to transform bimodal logistics serving the Copperbelt in Zambia and the Democratic Republic of the Congo. On July 12, the MV Lindsaylou, a bulk cargo vessel loaded with 40,500 tonnes of sulfur, docked at Lobito, marking the commencement of port operations for the Lobito Atlantic

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Namport Expands Lüderitz Bay Port for Green Energy and Oil Investments

Namport is preparing the Port of Lüderitz Bay to support investments in green energy, oil, and gas. The planned infrastructural developments aim to enhance the port’s capacity to accommodate current and future cargo volumes, as well as emerging industries such as green hydrogen, oil, and gas. “The port’s strategic location makes it an ideal hub for oil, gas, and green hydrogen production in Namibia, which is expected to attract more

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Global Container Ship Fleet Grows by 11% in H1 2024

The global container ship fleet has expanded by 11% in the first half of the year, reaching a total capacity of 29.5 million TEU, according to the latest report from the Baltic and International Maritime Council (Bimco). This marks the fastest growth in 15 years, with 264 ships totaling 1.6 million TEU delivered from shipyards during this period—two-thirds more than in the same timeframe last year. “The capacity has risen

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AfDB Approves $1 Billion Loan to Support Transnet’s Recovery and Growth Plan

The African Development Bank (AfDB) has approved a $1 billion corporate loan to Transnet, a major freight transport and logistics company in South Africa. Transnet has faced significant operational challenges in recent years, including underinvestment in infrastructure and equipment, theft and vandalism, and external shocks such as floods affecting critical rail and port operations. The company is now committed to addressing these challenges, enhancing integrity, and improving efficiency through a

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Construction of Lúrio River Bridge Nears Completion, Set to Enhance Mineral Transport in Northern Mozambique

Construction of the bridge over the Lúrio River, linking Nipepe district in Niassa province to Lalaua in Nampula, is nearing completion. Lalaua administrator Alfredo Matata highlighted that the bridge will enhance the transportation of mineral resources, particularly graphite, from Nipepe to the Port of Nacala in Nampula province. Matata also reported that the Nipepe-Lalaua-Malema road, connecting Niassa to Nampula, is approaching its final phase. This development is expected to significantly

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