Onomichi Dockyard to Divest Stake in Colombo Dockyard Amid Financial Struggles
Japan’s Onomichi Dockyard Company has announced plans to divest its 51% stake in Colombo Dockyard PLC, Sri Lanka’s largest shipbuilding and repair facility. The company also intends to end a management agreement that has been in place for over 30...
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Algoa Bay bunkering revival a game changer for South Africa’s maritime industry
The reopening of offshore bunkering in Algoa Bay represents more than just a return to operations—it signals an opportunity to reshape South Africa’s maritime industry and solidify its position in the global blue economy. Durand Naidoo, CEO of Linsen Nambi,...
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Port of Beira Welcomes One of the World’s Largest Cargo Ships
On Friday, November 22, the Port of Beira in Sofala province, central Mozambique, hosted one of the world’s largest cargo ships. The 300-meter-long Post Panamax vessel, carrying 1,800 containers of diverse cargo, is operated by an international shipping company. Miguel...
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Portugal-Angola Trade Declines as Angola Drops in Portugal’s Export Rankings
From January to September 2024, Portugal’s exports to Angola totaled €753.1 million, a decrease of €229.6 million compared to the same period in 2023, reflecting a 23.4% decline. As a result, Angola has fallen four places in Portugal’s export rankings,...
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Tridock Shipyard Namibia Unveils $728 Million Drydock Project in Walvis Bay
Tridock Shipyard Namibia (Pty) Ltd has announced a landmark $728 million investment to develop a state-of-the-art drydock facility in Walvis Bay. The project aims to strengthen the maritime sector along Africa’s western coast, addressing the growing demand for vessel maintenance...
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DP World Unveils £1-Billion Expansion to Transform London Gateway into UK’s Largest Container Port
Global logistics leader DP World has announced a £1-billion expansion of London Gateway, set to establish it as Britain’s largest container port within five years. The investment will fund the construction of two additional shipping berths, bringing the port’s capacity...
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