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Lobito Corridor targets major freight increase as rail investment accelerates Hapag-Lloyd Revises $4.2 Billion ZIM Deal to Protect Israel’s Strategic Shipping Routes DRC Launches SYGREM to Digitise Freight Management and Strengthen Cargo Tracking Global Shipping Carrier Profits Jump 58% as Freight Market Conditions Improve Maersk Introduces R24,000 Import Surcharge Amid Rising Shipping Costs Botswana Railways Partners with Ntokoto Holdings to Strengthen Mining and Logistics Trans-Kalahari Corridor Emerges as a Strategic Trade Route for Southern Africa Transnet Plans Major Property Sell-Off to Unlock Value from Surplus Assets Global Port Congestion Ties Up 18.5 Million TEUs of Shipping Capacity DRC President Reassures on $1.26 Billion Dilolo-Sakania Railway Concession
Railway News Southern Africa

Lobito Corridor targets major freight increase as rail investment accelerates

North Africa Shipping News

Hapag-Lloyd Revises $4.2 Billion ZIM Deal to Protect Israel’s Strategic Shipping Routes

Central Africa Shipping News

DRC Launches SYGREM to Digitise Freight Management and Strengthen Cargo Tracking

Grid Posts News

Railway News Southern Africa

Lobito Corridor targets major freight increase as rail investment accelerates

Lobito Atlantic Railway targets 800,000 tonnes of cargo in 2027 after US$300 million investment Lobito…
North Africa Shipping News

Hapag-Lloyd Revises $4.2 Billion ZIM Deal to Protect Israel’s Strategic Shipping Routes

Hapag-Lloyd Revises $4.2 Billion ZIM Deal to Protect Israel’s Strategic Shipping Routes German shipping giant…
Central Africa 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…
Shipping News

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%…
Shipping News Southern Africa

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…
Railway News Southern Africa

Botswana Railways Partners with Ntokoto Holdings to Strengthen Mining and Logistics

Botswana Railways and Ntokoto Holdings Join Forces to Support Mining and Logistics Growth Botswana Railways…
Central Africa Railway News Southern Africa

Lobito Corridor boosted with new reference partner

Angola’s minister of Transport Ricardo Viegas d’Abreu recently highlighted the significant financial commitments from the G7 and Italy, including a $320 million pledge from Italy, which complement the investments from the United States’ Partnership for Global Infrastructure (PGI) and the European Union’s Global Gateway Strategy. D’Abreu emphasized the Lobito Corridor’s strategic importance, stating, “This financial support from Italy directly aids the Benguela Railway (CFB) connection to Zambia, enhancing Angola’s ability

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Central Africa Railway News Southern Africa

Angola Advances Lobito Corridor to Boost Regional Trade and Economic Integration

Angola is leading efforts to transform the Lobito Corridor into a vital artery for regional trade, enhancing economic integration in Southern Africa. This large-scale infrastructure project, supported by the Angolan government and international partners, aims to connect Angola with the Democratic Republic of Congo (DRC) and Zambia, facilitating trade and fostering regional economic growth. Significant International Investments Italy’s Contribution:Under Prime Minister Meloni’s Mattei Plan and PGI, Italy has committed $320

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Central Africa Railway News Southern Africa

Italy Joins US and EU in Promoting Sustainable Development Along Lobito Corridor

On Friday, during the G7 meeting it hosted, Italy committed to joining the US and EU in efforts to promote sustainable development along the Lobito Corridor. This initiative aims to enhance collaboration and mobilize up to $320 million in investments to support core rail infrastructure and related projects, in synergy with the Green Infrastructure Alliance in Africa (AGIA). The Lobito Corridor is a significant railway infrastructure that traverses Angola, the

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America Ports & Terminals Shipping News

Major Progress Made in Cleanup Efforts Following Key Bridge Collapse in Baltimore

The Unified Command for the Key Bridge Response, led by the US Coast Guard, reported significant progress by the end of May, announcing the clearance of a 400-foot-wide swath of the federal channel on May 20, facilitating the transit of pre-collapse, deep-draft commercial vessels to the Port of Baltimore. Efforts to remove sections of the wreckage are ongoing, with the Unified Command aiming to fully restore the Fort McHenry Federal

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Shipping News

Turkey-Flagged Tanker Boarded and Robbed Off Cape Verde: Heightened Piracy Concerns in West Africa

In a significant escalation of piracy incidents off the coast of West Africa, a Turkey-flagged product tanker was boarded and robbed southwest of Nova Sintra, Cape Verde, early on Friday morning. According to British maritime security consultants Ambrey, the tanker was boarded by 10 armed suspects wielding AK-47s. The assailants reportedly damaged communication equipment, seized control of the bridge, and confined all crewmembers. A report from the International Chamber of

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East Africa Ports

Major Developments at Dar es Salaam Port to Transform East African Trade

The rapid transformation of the quayside in Tanzania’s largest city, Dar es Salaam, is set to significantly alter trading patterns in East Africa. After DP World’s concession win last October, a consortium led by India’s largest port operator, Adani Ports, has also been approved to develop a terminal at Dar es Salaam. Adani has been granted a 30-year concession to operate Dar’s Container Terminal 2, which features four berths and

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Ports Shipping News

East and Southeast Asian Ports Dominate 2023 Global Container Port Performance Index

The latest Container Port Performance Index (CPPI) reveals that East and Southeast Asian ports excelled in 2023, securing 13 of the top 20 positions. Developed by the World Bank and S&P Global Market Intelligence, this fourth edition of the CPPI underscores how regional disruptions affected port performance worldwide. The index is based on empirical and objective data focused exclusively on the time vessels spend in port. The 2023 CPPI introduces

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China Shipping News

Russia and China to form Arctic liner

Russia is pressing ahead in a project with the Chinese to make all-year container shipping voyages along the Northern Sea Route (NSR) possible.  Rosatom, which oversees the NSR, and China’s NewNew Shipping are forming a joint venture to develop a fleet of five ice-classed boxships which will work all year round. NewNew has already completed a number of Arctic transits over the past couple of years. Russian president Vladimir Putin

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Shipping News

Top 10 countries in Africa with the best logistics performance

From the shiny cars lining up at the dealership to the countless goodies stacked on supermarket shelves, and even the packages delivered right to our doorsteps, logistics is the invisible force that keeps it all moving. With it, we can get our hands on the things we need and want. Consider logistics as the lifeblood of the global economy, ensuring that goods and resources move efficiently to where they are

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Ports Shipping News

Top 10 highest-ranking ports in Africa

In today’s interconnected world, ports play a pivotal role in facilitating global trade and driving economic growth. Serving as crucial gateways for international commerce, ports are vital components of supply chains, enabling the smooth movement of goods, commodities, and resources between nations. Ports are the lifelines of global trade, serving as hubs that connect producers, suppliers, and consumers across continents. They provide a platform for the efficient exchange of goods,

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