Hapag-Lloyd Revises $4.2 Billion ZIM Deal to Protect Israel’s Strategic Shipping Routes German shipping giant Hapag-Lloyd is revising its proposed $4.2 billion acquisition of Israeli container carrier ZIM Integrated Shipping Services following concerns over Israel’s maritime security and strategic independence. Under the revised proposal, ZIM would remain under Israeli control after being acquired by Israeli private equity firm FIMI. The changes are aimed at addressing concerns raised by the Israeli
Category: Shipping News
DRC Launches SYGREM to Digitise Freight Management and Strengthen Cargo Tracking
DRC Launches SYGREM Digital Platform to Modernise Freight Management and Track Cargo The Democratic Republic of Congo (DRC) has launched a new digital platform aimed at centralising freight management, improving cargo traceability and strengthening oversight of revenue generated from freight-tracking services. The Multimodal Freight Management Office (OGEFREM) officially launched the Multimodal Fee Management System (SYGREM) in Kinshasa on September 1, 2026. The launch was presided over by Deputy Prime Minister
Global Shipping Carrier Profits Jump 58% as Freight Market Conditions Improve
Shipping Carrier Profits Surge 58% as Freight Market Strengthens Global shipping carriers recorded a 58% increase in profits, highlighting a significant improvement in financial performance across the container shipping industry. The sharp rise comes as carriers continue to benefit from stronger freight rates and changing conditions across major international trade routes. Higher revenues have helped offset elevated operating costs associated with longer sailing distances, vessel diversions and ongoing disruptions across
Maersk Introduces R24,000 Import Surcharge Amid Rising Shipping Costs
Maersk Introduces R24,000 Import Surcharge as Shipping Costs Rise Maersk is introducing an additional R24,000 import surcharge on selected cargo as ongoing disruptions and rising operational costs continue to put pressure on global shipping. The new charge will increase the cost of importing affected shipments into the region, adding further pressure to businesses already facing elevated freight, logistics and supply-chain costs. The surcharge comes as shipping lines continue to navigate
Global Port Congestion Ties Up 18.5 Million TEUs of Shipping Capacity
Global Port Congestion Keeps 18.5 Million TEUs of Capacity Tied Up Global port congestion is continuing to put pressure on the shipping industry, with an estimated 18.5 million TEUs of container capacity currently tied up in ports around the world. The congestion is limiting the effective availability of container ships and reducing the amount of capacity that can be deployed across global trade routes. The situation is particularly significant for
Maersk Diverts Cape Town Call to Ngqura to Recover Schedule Delays
Maersk Diverts Cape Town-Bound Vessel to Ngqura Amid Schedule Delays Maersk is diverting a scheduled Cape Town port call to Ngqura as the shipping line works to recover accumulated delays affecting its MW1 India-Africa service. The Maersk Cubango 630E will omit Cape Town and instead call at the Port of Ngqura in the Eastern Cape as part of a contingency measure aimed at restoring the vessel’s schedule. Maersk said the
Saudi Arabia Eyes 25-Year Cape Town Port Concession as Gulf Investment Expands
Saudi Arabia’s RSGT Considers 25-Year Cape Town Port Concession as Gulf Investment in Africa Grows Saudi Arabian port operator Red Sea Gateway Terminal (RSGT) is considering a bid for a 25-year concession to refurbish and operate a terminal at the Port of Cape Town, highlighting growing Gulf interest in Africa’s logistics and transport infrastructure. South Africa’s Transnet National Ports Authority (TNPA) is seeking a private operator for the Duncan Dock
Mombasa Port Expansion to Boost Cargo Capacity as Hapag-Lloyd Targets East African Growth
Mombasa Port Expansion Adds Capacity as Hapag-Lloyd Targets Growth Across East Africa Kenya is accelerating expansion and modernisation at the Port of Mombasa as rising cargo volumes increase pressure on existing infrastructure and shipping lines strengthen their presence in East Africa. The port handled a record 45.45 million tonnes of cargo in 2025, up 10.9% from 40.99 million tonnes in 2024. Container traffic also increased to about 2.11 million TEUs,
MSC Launches Weekly Service to Nigeria’s Lekki Port
MSC Launches Weekly Feeder Service to Lekki Port, Strengthening Nigeria’s Global Trade Links Mediterranean Shipping Company (MSC), the world’s largest container shipping line, has launched a new weekly service to Nigeria’s Lekki Port, strengthening the port’s connection to regional and international trade networks. The new service operates through a feeder connection with Lomé, Togo, linking Lekki with other major Nigerian ports, including Apapa and Tin Can Island. The weekly schedule
Kenya Ports Authority Tests Maritime Emergency Response at Port of Mombasa
KPA Strengthens Maritime Emergency Readiness with Full-Scale Mombasa Port Drill The Kenya Ports Authority (KPA) has concluded a week-long maritime safety programme with a full-scale emergency drill at the Port of Mombasa, testing its preparedness to respond to maritime incidents. The exercise assessed firefighting, evacuation, communication and coordination between KPA personnel, emergency responders and government agencies. Led by Capt. Moses Muthama, KPA’s Manager for Marine Operations, Maintenance and Hydrography, the