Japanese container line, Ocean Network Express (ONE), is poised to lead the way in acquiring ammonia-powered new builds, marking a significant milestone in the maritime industry. The company recently obtained approval in principle (AiP) for an advanced ammonia...
South Africa’s vehicle export industry has once again proven its resilience, contributing significantly to the financial health and sustainability of domestic Original Equipment Manufacturers (OEMs). The Automotive Business Council’s annual review for 2023...
The State of Durban Harbour As we approach the holiday season, importers and stakeholders in the shipping industry are grappling with unprecedented challenges at the Port of Durban, Southern Africa’s busiest container port. The current state of congestion and...
Global schedule reliability has continued to improve month-on-month (m-o-m) according to the latest issue of the Global Liner Performance report published by maritime consultancy Sea-Intelligence. The report covers the period up to and including May, with an...
Headline consumer inflation cooled for a second consecutive month in May to 6,3% from 6,8% in April, Statistics South Africa has reported. May’s reading is the lowest since April 2022 when the rate was 5,9%. The month-on-month change in the consumer price index...
The dramatic decline in shipping lines’ earnings before interest and taxes (Ebit) in Q1 reflects the fast-normalising trade pattern of the past few months. And while there were indications of a weakness in the market in the second half of 2022, which has...
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