DRC Expands ONATRA Rail Fleet as River Transport Modernisation Advances
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
The Port of Los Angeles, which experienced a slight recovery in June with volumes down by only 5% year-on-year compared to a significant 43% drop in February, has encountered a reversal in the latter half of the year. In July 2023, the Port of LA reported handling 684,290 TEU, marking a considerable decrease of 26.85% compared to the same month in 2022. This decline follows a drop from June 2023
Enio Costa, President of the Board of Directors (PCA) of the National Land Transport Agency (ANTT), held discussions with Christian Chavanel, Director of Systems and Coordinator for Africa of the International Railway Union (UIC), in Luanda on Monday. The meeting aimed to discuss restructuring processes and enhancing technical capacity in response to investments aimed at boosting the national railway sector. Costa emphasized the need for technical training for staff, particularly
The Republic of the Congo is preparing to make its first LNG shipment from its Tango FLNG facility. The cargo is currently being loaded and will be delivered to the Piombino regasification terminal in Italy in the coming days. The announcement was made by energy supermajor Eni on February 27 during a launch ceremony in Pointe Noire in the presence of the Republic of the Congo’s President Denis Sassou N’Guesso,
Angola’s Airport Management Company (SGA Angola) and Singapore’s renowned airport consulting firm, Changi Airports International (CAI), have inked a pivotal two-year partnership aimed at optimizing the operational efficiency and profitability of 16 regional airports across southern Africa. The collaboration entails CAI leveraging its extensive experience to bolster air traffic development at Angola’s airports, with a strategic focus on enhancing domestic and regional connectivity. Additionally, the partnership will spearhead targeted marketing
TAAG Angola Airlines and Network Airline Management are pleased to announce the renewal of their long-term freighter aircraft contract, sealing their ongoing partnership for the foreseeable future. Resuming its regular weekly scheduled service from Liege, Belgium, to the capital of Angola, Luanda, NAM provides a Boeing 747-400F aircraft with nose door capability offering up to 120,000 kilos cargo capacity. The weekly freighter will operate every Friday directly to the newly
The price of oil is rising in major international markets due to fears of an increase in attacks on ships in the Red Sea. West Texas Intermediate (WTI), a reference for the United States, registered an increase of 0.44%, reaching 78.25 dollars per barrel. Meanwhile, North Sea Brent, crude oil traded in London and used as a reference for European imports, is rising 0.23%, reaching $83.22. Yemen’s Houthi rebels, supported
Three trucks loaded with Maruti auto parts, originally stored in Gurgaon and Manesar factories, embarked on a unique journey from New Rewari to Gujarat’s Palanpur, covering a distance of 700km in just 12 hours. This swift transit was made possible by loading the trucks onto wagons, a part of the ‘truck on train’ or roll-on, roll-off (RO-RO) concept, introduced by the Dedicated Freight Corridor Company India Limited (DFCCIL). Upon reaching
Rail freight transit through Iran’s territory lasts between 3 to 5 days from Sarakhs Border to Bandar Abbas, reported Miad Salehi, Deputy Minister and CEO of the Islamic Republic of Iran Railways, while speaking at the international conference on the sea-based economy which is being held at the IRIB International Conference Center today. As per the agreement with Russia, Kazakhstan, and Turkmenistan, rail freights transit within 2 to 3 days
Chevron has gone to South Korea to upgrade a pair of LNG carriers. HD Hyundai Marine Solution has been chosen to add re-liquefaction systems, hull air lubrication and new gas compressors to the gas carriers. Chevron’s LNG fleet were all built at Samsung Heavy Industries and started delivering around 10 years ago. HD Hyundai Marine Solution, part of the country’s largest shipbuilding group, was founded in 2016 originally as Hyundai
Singapore-based liner operator SeaLead Shipping has been taken over by a group of four investors who have appointed an interim boss, with Henry Schmidl exiting the company. Established in 2017, Sea Lead is ranked 16th by Alphaliner. The company operates a fleet of 32 chartered-in ships on services that link Asia to the Indian Subcontinent, the Middle East, the Mediterranean, and the US West Coast. The company said that with
