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Botswana and Angola Target Trade Growth by Removing Cross-Border Transport Barriers 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
Business Southern Africa

Botswana and Angola Target Trade Growth by Removing Cross-Border Transport Barriers

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

Grid Posts News

Business Southern Africa

Botswana and Angola Target Trade Growth by Removing Cross-Border Transport Barriers

Boko, Lourenço Call for Stronger Botswana-Angola Trade Connectivity Botswana and Angola are seeking to strengthen…
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

Transnet Freight Rail’s North Corridor Achieves Record Weekly Volume

Transnet Freight Rail’s (TFR’s) North Corridor achieved a significant milestone by delivering 1.41 million tonnes last week, marking the highest weekly volume for the current financial year. This accomplishment includes transporting 1.18 million tonnes of export coal to the Richards Bay Coal Terminal and operating 11 chrome trains. Surpassing the previous record of 1.40 million tonnes, this achievement not only highlights the corridor’s exceptional performance but also sets a new

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Ports Shipping News

Shandong Port Group Partners with Leading Shipping Lines to Boost Export of New Three Cargoes

Shandong Port Group has entered into a Memorandum of Understanding (MoU) with seven prominent shipping lines, including Cosco Shipping, Maersk, CMA CGM, MSC, Evergreen, SITC, and Ocean Network Express (ONE), to facilitate the export of what it refers to as the New Three Cargoes: electric vehicles (EVs), lithium-ion batteries, and photovoltaic products. The collaboration aims to enhance container services and streamline operations at Shandong port to better support the export

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Air Freight

Delhi Airport Emerges as Key Hub for Bangladeshi Cargo

Delhi Airport has become a pivotal hub for Bangladeshi cargo, transshipping over 8,000 metric tonnes of readymade garments to global destinations like Spain, Netherlands, and France in the past year. Since initiating the transshipment facility in March last year, Delhi Airport has facilitated the seamless movement of cargo, reducing shipment costs for Bangladeshi manufacturers and boosting international exports via Delhi Airport. This initiative underscores Delhi’s growing importance as an international

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Middle East Shipping News

Impact of Red Sea Shipping Disruptions on Vietnamese Exports

Experts are warning of potential declines in Vietnam’s major exports to Europe and the Middle East, such as garments, coffee, and smartphones, due to worsening disruptions in Red Sea shipping and rising freight costs. Pham Quang Anh, CEO of garment firm Dony, highlighted the significant delays in shipments caused by conflicts in the Red Sea region. A journey that typically takes 28-30 days now extends to three months due to

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Middle East Ports Shipping News

King Abdul Aziz Port to connect Saudi to Southeast Asia and India

The Saudi Ports Authority (Mawani) has significantly enhanced global trade by introducing the Integrated Maritime Service (IMS), facilitated by VASI Shipping, at the King Abdul Aziz Port in Dammam. The launch marks a significant milestone, connecting Saudi Arabia directly with essential ports in Southeast Asia and India, and signifies a robust effort to bolster strategic ties with leading international shipping lines, stimulate the maritime sector, and propel economic advancement. Enhancing

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America Ports Shipping News

Port of Los Angeles container volumes up 60% in Feb

The Port of Los Angeles handled 781,434 teu in February this year compared to 487,846 teu in February 2023. “Market confidence in our gateway is as strong as it’s ever been,” said Port of Los Angeles Executive Director Gene Seroka at a media briefing. “We’ve got the world’s best longshore workforce eager to work with a long-term contract in place. And our current operational data indicates that cargo is flowing

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Middle East Ports Shipping News

Saudi launches Port community system

The President of the General Ports Authority,  Omar bin Talal Hariri, explained that the launch of the PCS is part of MAWANI’s effort to channel technology to serve the maritime transport system, raise the efficiency of the operational performance of the Saudi port network, and facilitate procedures. The PCS aims to provide more than 250 electronic services in the Authority’s Saudi ports. The PCS, which was launched on the side

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America News Ports Shipping News

Port of San Diego Introduces Zero-Emissions Equipment

The Port of San Diego has completed the initial installation of electrical infrastructure to support zero-emissions equipment operation. Leading the initiative is SSA Marine, introducing a 55,000-pound capacity Wiggins Yard eBull battery electric forklift at the terminal. Named “The Carrillo,” this forklift is one of the largest zero-emissions heavy-duty forklifts in the US, capable of lifting up to 25 metric tonnes. The purchase of this equipment received partial funding from

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Ports Shipping News

Mozambican Ports Experience 12.3% Increase in Cargo Handling in 2023

Mozambique’s ports saw a significant uptick in cargo handling in 2023, totaling over 63,000 tons, marking a notable 12.3% increase compared to the previous year. According to data obtained by Lusa, nearly half of this traffic flowed through the port of Maputo. The report from the Ministry of Economy and Finance highlighted the contrasting performances of various ports. Maputo, the country’s largest port, handled more than 31.2 thousand tons of

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Shipping News

India, Mozambique, Tanzania Joint Maritime Exercise Set for March 2024

Indian Naval ships INS Tir and INS Sujata are gearing up to participate in the second edition of the India Mozambique Tanzania (IMT) Tri Lateral (TRILAT) Exercise, scheduled from March 21 to 29, 2024. The inaugural edition of the IMT TRILAT exercise took place in October 2022, featuring participation from INS Tarkash alongside the Tanzanian and Mozambique Navies. The upcoming exercise will be conducted in two phases. The harbor phase,

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