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Central Africa Railway News Southern Africa

Upgrades Underway for Nkaya–Mchinji Railway Section to Boost Malawi’s Transport and Mining Sectors

June 22, 2024June 22, 2024 Constance Makungu

ASX- and Aim-listed Sovereign Metals reports that upgrades to the 399 km Nkaya–Mchinji railway section, which connects the Malawi–Zambia border to the Nacala Logistics Corridor (NLC), are currently underway. This railway section traverses Sovereign Metals’ Kasiya rutile/graphite project tenements. The refurbishment of the segment connecting the Kanengo junction in Lilongwe district, where Kasiya is situated, to the NLC junction at Nkaya, is nearing completion. The railway rehabilitation is an initiative

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Shipping News

SOLAS Amendments Set New Standards for Maritime Safety and Environmental Protection

June 21, 2024June 21, 2024 Constance Makungu

The World Shipping Council (WSC) has enthusiastically endorsed the recent amendments to the International Convention for the Safety of Life at Sea (SOLAS) adopted by the International Maritime Organization’s (IMO) Maritime Safety Committee. Effective January 1, 2026, these amendments will mandate the reporting of all containers lost at sea, setting a new benchmark for maritime safety and environmental protection. “The new regulations, specifically amending SOLAS Chapter V Regulations 31 and

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Road Freight Southern Africa

Excessive Scanning at Beitbridge Border Hinders Trade Efficiency

June 21, 2024June 21, 2024 Constance Makungu

Excessive cargo scanning at the Beitbridge border between South Africa and Zimbabwe continues to impede the potential for improved intra-regional trade. Southbound traffic is routinely subjected to rigorous checks for contraband such as illegal cigarettes and lithium, regulated by the Zimbabwe Revenue Authority (Zimra). However, the scanner used for rigs exiting Zimbabwe is outdated, requiring drivers to park and disembark before their trucks, often empty on the return leg to

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Middle East Ports & Terminals Shipping News

Cyprus to Re-Tender $1.3 Billion Larnaca Port Project After Terminating Concession

June 21, 2024June 21, 2024 Constance Makungu

Preparations are underway to re-tender the development of Larnaca Port after Cyprus terminated a $1.3 billion concession agreement. Transport Minister Alexis Vafeades announced that Qatar, along with other investors, had expressed interest in the port. The re-tendering process might be delayed by potential legal actions from the previous operator, Kition Ocean Holdings. Kition Ocean Holdings, a joint venture between Israeli investor Eldeman Holdings BV and Cypriot firm Alexandrou Corporate Services

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Ports & Terminals Southeastern Africa

AD Ports Group and Madagascar EDB Sign MoU to Boost Maritime and Logistics Sectors

June 21, 2024June 21, 2024 Constance Makungu

The Economic Development Board of Madagascar (EDBM) and AD Ports Group have signed a comprehensive Memorandum of Understanding (MoU) to explore commercial opportunities across Madagascar’s maritime, industrial, and logistics sectors. The MoU will focus on areas of mutual interest and cooperation, including the development of economic cities and free zones, ports, marina and cruise port facilities, digitalisation of logistics, maritime services, and the establishment of a maritime academy. Additionally, the

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Ports & Terminals Shipping News South East Asia

Singapore Expands Port Capacity to Reduce Congestion

June 21, 2024June 21, 2024 Constance Makungu

The Port of Singapore is increasing its capacity and reopening older berths to alleviate congestion at the world’s largest transshipment hub. Container ships arriving at the typically efficient Port of Singapore have faced berthing delays of up to seven days, with total capacity waiting at dock reaching 450,000 TEU, according to analyst Linerlytica, as reported by Seatrade Maritime News earlier this week. The Maritime & Port Authority of Singapore (MPA)

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Middle East Shipping News

Maersk ups full year earnings forecast as port congestion grows

June 21, 2024June 21, 2024 Constance Makungu

AP Møller – Maersk expects a stronger financial performance in the second half of the year as container spot rates hit their highest level since August 2022. The Danish shipping company has upped its full year 2024 EBIT forecast to $1 – $3 billion from negative $2 billion – $0 previously and its full year EBITDA forecast to $7 – $9 billion from $4 – $6 billion previously. “On the

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Road Freight Southern Africa

Santa Clara-Oshikango Border Post Now Open 24/7 to Boost Trade and Mobility

June 18, 2024June 18, 2024 Constance Makungu

The Santa Clara-Oshikango border post, which officially opened 34 years ago, has begun operating 24 hours a day to better accommodate the movement of people and goods. This significant change was marked by an event attended by Angolan Minister of the Interior, Eugénio Laborinho, and Namibian Minister of Internal Affairs, Immigration, Security, and Protection, Albert Kawana. The introduction of a mobile biometric border control system now allows citizens from both

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Southern Africa

Angola’s Transport Minister Calls for Swift Implementation of Transport Projects

June 18, 2024June 18, 2024 Constance Makungu

Minister Ricardo Viegas d’Abreu emphasized the urgency for transport sector operators to accelerate ongoing projects during the closure of the XV Consultative Council in Lobito, Benguela province, on Friday. Highlighting the importance of executing national interest programs, particularly those supporting the production sector, Minister d’Abreu underscored the potential of the Lobito Corridor to stimulate economic diversification and enhance other sectors. A pivotal initiative proposed includes establishing the National Agency for

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Air Freight Southern Africa

Fly Angola CEO Advocates for Streamlined Airport Development Strategies

June 18, 2024June 18, 2024 Constance Makungu

The airport sector must adopt new strategies and expedite development processes to fully utilize the available infrastructure, stated Belarnício Muangala, President of the Executive Committee (PCE) of Fly Angola, on Monday in Luanda. In an interview with Jornal de Angola, Muangala identified persistent slowness and bureaucracy in the aviation sector as significant barriers, specifically hindering the planned air connection between Lubango and Windhoek. This new route is envisioned to facilitate

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