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Mozambique: LAM launches new cargo aircraft

March 22, 2024March 22, 2024 Constance Makungu

Mozambique Airlines (LAM) has debuted its latest addition to the fleet, a Boeing 737-300F cargo aircraft, aimed at fortifying the airline’s cargo operations. With a hauling capacity of 17 tonnes, this move is expected to bolster LAM’s cargo handling capabilities by 69 percent. Speaking at the ceremony introducing the new cargo service in Maputo, Deputy Minister of Transport and Communications, Amilton Alissone (MTC), hailed the investment in the cargo aircraft

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Air Freight Central Africa Southeastern Africa Southern Africa

Mozambique: LAM’s first cargo plane to start operating from March 25th

March 22, 2024March 22, 2024 Constance Makungu

Linhas Aéreas de Moçambique (LAM) is set to inaugurate its first cargo operations starting March 25th, utilizing a newly acquired Boeing 737-300F aircraft, as announced by the company’s general director to Lusa. With an investment of US$3 million (€2.74 million) in this venture, LAM aims to bolster its logistics capabilities. Primarily catering to domestic cargo needs and serving routes to South Africa and Tanzania, the introduction of the Boeing 737-300F

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Air Freight China Middle East Southeastern Africa

LAM to Expand Routes to Dubai and China Amid Restructuring Efforts

March 22, 2024March 22, 2024 Constance Makungu

LAM, Mozambique’s state airline, is gearing up to introduce regular flights to Dubai and Guangzhou, China, by July, announced Theunis Crous, the airline’s general director. The move comes as part of LAM’s strategic plans to broaden its international network. Crous expressed optimism about the upcoming launches, stating, “We hope to launch flights to Dubai and Guangzhou within the next three months – in June or July.” He highlighted the airline’s

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Central Africa Railway News Southeastern Africa Southern Africa

US Backs Lobito Corridor Railway with Record Investment

March 22, 2024March 22, 2024 Constance Makungu

In February of this year, the U.S. International Development Finance Corporation (DFC) announced groundbreaking financing to bolster the Lobito Corridor—a transformative 1,300-km railway linking Angola’s Port of Lobito with southern DRC and northwestern Zambia. This initiative, supported by a consortium including the European Commission, African Development Bank, and Africa Finance Corporation, has already secured nearly $1 billion, marking the largest joint investment by the U.S. and EU in Africa in

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Middle East Ports Shipping News

LME plans to list Saudi Port as a copper and zinc delivery point

March 22, 2024March 22, 2024 Constance Makungu

The London Metal Exchange (LME) plans to list Jeddah, a Saudi Arabian Red Sea port city, as a new delivery point for copper and zinc subject to consultation on a technical change to the LME’s warehouse location framework, it said on Tuesday. The warehouses, registered with the LME, the world’s largest and oldest metals trading venue, are usually located in areas of net metals consumption or top transit hubs such

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Railway News West Africa

4 Railway Projects to Watch in West Africa

March 22, 2024March 22, 2024 Constance Makungu

With West Africa’s population surpassing 450 million and its vast oil, gas and critical mineral resources being put into production, the region has experienced steady economic growth at an average annual rate of 6% over the last decade. Projected infrastructure needs indicate a necessary annual investment of approximately $180 billion by 2025. Vital to this development are ongoing railway projects aimed at supporting the region’s economic growth, facilitating the transport

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Ports West Africa

Fuel Costs Expected to Drop as Port Harcourt Refinery Resumes Operations

March 20, 2024March 20, 2024 Constance Makungu

Fuel costs in Nigeria are anticipated to decrease once the Port Harcourt Refinery recommences operations, according to the Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Major Energy Marketers Association of Nigeria (MEMAN). The national petroleum company of Nigeria has pledged that the refinery will be operational within two weeks, prompting preparations by marketers to receive products from the facility. Both IPMAN and MEMAN have urged the Nigerian National

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Shipping News South Asia

Indian Navy successfully recovers hijacked Ruen cargo ship from Somali pirates

March 18, 2024March 18, 2024 Constance Makungu

A spokesperson for the Indian Navy, on Saturday, confirmed that the Maltese cargo-ship Ruen has been recovered, as seen in the news publication, Reuters. The Ruen cargo ship, a bulk carrier built in 2016, which is currently sailing under the flag of Malta was hijacked by Somali pirates on December 14, 2023. The Navy spokesperson said that the pirates who reportedly hijacked the Maltese-flagged bulk cargo tanker on December 14,

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Middle East Ports Shipping News

AD Ports Group Hosts Iraqi Delegation to Bolster Bilateral Economic Ties

March 17, 2024March 18, 2024 Constance Makungu

AD Ports Group (ADX: ADPORTS), a prominent global facilitator of logistics, industry, and trade, recently hosted an esteemed Iraqi delegation led by His Excellency Mr. Razzaq Muhaibas Al-Saadawi, Iraq’s Minister of Transport, alongside influential figures from various sectors. The meeting, held at Abu Dhabi’s Khalifa Port, focused on crucial projects aimed at enhancing international transport, logistics services, economic cooperation, and mutual interests. The bilateral discussions, attended by His Excellency Suhail

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Middle East Shipping News

UAE Launches Blue Pass Platform to Elevate Maritime Industry

March 17, 2024March 17, 2024 Constance Makungu

The Ministry of Energy and Infrastructure, in collaboration with NeoNautica, a prominent technology firm in the maritime sector, has unveiled the UAE Blue Pass platform. This strategic alliance aims to drive innovation and advancement in the UAE’s maritime industry. The UAE Blue Pass platform is poised to revolutionize the maritime sector by offering various benefits to maritime enterprises and vessels, fostering industry innovation and efficiency. The partnership was formalized during

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