Freight Trends Global - Page 12 of 100 -

Ports & Terminals

DP World Posts Strong 2025 Results as Revenue Climbs to $24.4 Billion Amid Global Trade Uncertainty

March 22, 2026March 22, 2026 Constance Makungu

DP World Reports 22% Revenue Growth to $24.4 Billion in 2025, Expands Global Port Capacity and Logistics Investments DP World reported revenue of $24.4 billion for 2025, representing a 22 percent increase compared with the previous year. Adjusted EBITDA rose 18 percent to $6.4 billion, delivering a margin of 26.3 percent. The company attributed this growth to strong performance across its Ports and Terminals and Logistics businesses. Total group gross

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Ports & Terminals West Africa

UK–Nigeria £746 Million Deal Set to Transform Lagos Ports Infrastructure

March 22, 2026March 22, 2026 Constance Makungu

Britain and Nigeria Sign £746 Million Export Finance Agreement to Modernize Lagos and Tin Can Island Ports Britain and Nigeria have announced a £746 million ($990.32 million) export finance agreement to fund the redevelopment of two of Nigeria’s key trading hubs: the Lagos Port Complex and the Tin Can Island Port Complex. The agreement comes as President Bola Tinubu undertakes the first Nigerian state visit to the United Kingdom in

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Railway News Southern Africa

Zambia Railways Secures Financial Advisor to Drive $60 Million Infrastructure Upgrade

March 22, 2026March 22, 2026 Constance Makungu

Zambia Railways Partners with Pangaea Securities to Raise $60 Million for Rail Modernization Zambia Railways Limited has appointed Pangaea Securities as Transaction Advisor to help secure US$60 million in financing from Development Finance Institutions (DFIs) and private investors. The funding initiative marks a key step in revitalizing the country’s rail network and strengthening its role in regional trade and logistics. The planned financing will complement a €50 million grant provided

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Air Freight East Africa

Ethiopian Airlines to Resume Direct Flights Between Addis Ababa and Atlanta

March 22, 2026March 22, 2026 Constance Makungu

Ethiopian Airlines Restores Direct Addis Ababa–Atlanta Flights, Boosting Africa–U.S. Connectivity Ethiopian Airlines, Africa’s largest carrier, has announced the resumption of direct passenger flights between Addis Ababa Bole International Airport and Hartsfield-Jackson Atlanta International Airport starting May 21, 2026, restoring a vital transatlantic route that was temporarily suspended earlier this year. The route, initially paused in February, is reopening to meet growing demand and enhance connectivity between Africa and the United

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East Africa Ports & Terminals

Kenya’s Lamu Port Gains Strategic Relevance as Strait of Hormuz Disruptions Reshape Shipping Routes

March 21, 2026March 21, 2026 Constance Makungu

Strait of Hormuz Tensions Drive Vessel Diversions to Kenya’s Lamu Port, Boosting Activity at Underutilised Trade Hub Since the escalation of tensions between Iran and Israel in late February, disruptions along the Strait of Hormuz have unsettled global shipping and trade flows, with ripple effects reaching several African economies. Amid these disruptions, Lamu Port has emerged as an unexpected beneficiary. Constraints on vessel movement through the Strait have forced shipping

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Railway News Southern Africa

Namibia Govt Governance Concerns Cloud Prospects for the Trans-Kalahari Railway

March 21, 2026March 21, 2026 Constance Makungu

Trans-Kalahari Railway Faces Investment Challenges Amid Governance Concerns, Port Performance Issues, and U.S. Visa Policy Shift The Trans-Kalahari Railway remains one of Africa’s most ambitious and complex infrastructure proposals. Designed to link the Atlantic coast of Namibia to the interior of Botswana, the project has the potential to transform regional trade flows and reshape economic prospects across Southern Africa. Yet governance concerns, infrastructure performance challenges, and shifting international perceptions continue

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Air Freight Ports & Terminals Southern Africa

Angola Appoints New Secretary of State to Drive Aviation and Port Sector Growth

March 18, 2026March 18, 2026 Constance Makungu

Angola Strengthens Transport Strategy as Adilson Catala Takes Office Over Aviation and Ports Adilson Gabriel Alves Catala has officially taken office as Secretary of State for the Civil, Maritime and Port Aviation sectors under the Ministry of Transport Angola, reinforcing the government’s commitment to strengthening critical transport infrastructure. The swearing-in ceremony took place at the Presidential Palace in Luanda and was presided over by João Lourenço, with attendance from senior

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Middle East Shipping News

Hapag-Lloyd Suspends Africa–Upper Gulf Shipments Amid Rising Middle East Tensions

March 14, 2026March 14, 2026 Constance Makungu

Hapag-Lloyd Halts Africa-to-Gulf Cargo Bookings Over Security Risks in Strait of Hormuz German shipping giant Hapag-Lloyd has suspended cargo bookings from Africa to the Upper Gulf region, citing increased operational and security risks linked to escalating geopolitical tensions in the Middle East. The decision follows recent military strikes carried out by the United States and Israel against targets in Iran. The attacks reportedly targeted senior Iranian leaders and triggered a

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Central Africa East Africa Ports & Terminals

DRC Signs Deal to Build Strategic Dry Port in Kwala, Tanzania

March 14, 2026March 14, 2026 Constance Makungu

DRC Signs Concession for Kwala Dry Port in Tanzania to Cut Logistics Costs and Boost Trade The Democratic Republic of the Congo is advancing its strategy to strengthen trade competitiveness by developing new logistics infrastructure aimed at improving the efficiency of its import and export supply chains. Authorities in Kinshasa have signed a concession agreement with Boston Developers Ltd for the construction of a dry port in Kwala, Tanzania, a

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Central Africa Railway News Southern Africa

DRC Pushes for $1 Billion World Bank Financing to Accelerate Lobito Corridor Development

March 14, 2026March 14, 2026 Constance Makungu

DRC Seeks $1 Billion World Bank Funding to Boost Lobito Corridor and Regional Trade The Government of the Democratic Republic of Congo (DRC) is intensifying efforts to secure international financing for the development of the Lobito Corridor, a major infrastructure project aimed at improving regional connectivity and boosting trade. Speaking in Washington during the World Bank’s “Transforming Transportation” global forum, the Congolese Minister of Infrastructure and Public Works, John Banza

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