Putting the current ocean freight capacity crunch into perspective, Mediterranean Shipping Company CEO Soren Toft told delegates at a Financial Times digital ‘Global Trade Secrets Summit’ that in the second half of 2020, the line had seen the same demand...
As the shopping frenzy of Black Friday and the Christmas season looms, toy stores are pulling out all the stops to ensure that Covid-related global supply chain constraints don’t affect end-of-year toy cheer. With containerisation lag and spiralling ocean freight...
Enhanced maritime security and response coordination measures adopted by regional and national authorities appear to be doing the trick, with the ICC International Maritime Bureau (IMB) reporting the lowest number of reported piracy and armed robbery incidents for the...
Shipping lines are having to do some fancy footwork to make any attempt to meet schedule commitments as they battle global congestion – and not all of it Covid-induced. Pre-Covid delays at the Port of Durban have provided carriers with plenty of practice – the Port of...
Orient Overseas (International) Line has once again posted record earnings, with total revenue for the third quarter ending September 30 up from US$1 914.3 last year to US$4 313.7 this year. The overall load factor was 0.4% higher than the same period last...
Above-average rainfall could disrupt transport routes throughout Southern Africa, with the Southern Africa Climate Outlook Forum (Sarcof) predicting that most of the countries in the Southern African Development Community (SADC) are likely to receive normal to...
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