Our News
Keep up to date with FATS news.
Schedule reliability continues to trend upwards
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.
Inflation slows to 13-month low
Headline consumer inflation cooled for a second consecutive month in May to 6,3% from 6,8% in April, Statistics South Africa has reported.
Figures reflect sharp decline in carriers’ Ebit in Q1
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.
Major importer’s despair as carriers bypass Durban
A major South African importer has criticised the Port of Durban for its “notorious” poor performance and congestion woes, noting that some lines are now bypassing the harbour.
Exporters warned to prepare for port delay replay
2022 is likely to see a replay of last year’s serious port disruptions – and exporters have been warned to be aware and be prepared
High Container Rates Are Bringing Classic Reefer Ships Back Into Style
The perishables market is seeing new headwinds as a shortage of reefer equipment persists. Consequently, reefer freight rates are reaching a new high, and some perishable products are being priced out as the transportation cost exceeds their selling price.
Good progress on construction of Mkhuze Airport
KwaZulu-Natal Premier Sihle Zikalala described the progress made in the R72-million upgrade of Mkhuze Airport on Tuesday as “a welcome booster shot” for the provincial economy.
Airfreight rates ex China trending down – for now
Airfreight rates out of China to leading international destinations have fallen 30% since their December 13 peak of $15.13 per kilogram.
Sea freight delays – 2022 gets off to a bad start
Shippers who were hoping for a smoother cargo flow this year will have to think again.
Malaysia Fines Three Ro/Ro Operators for Price-Fixing
Last week, the Malaysian Competition Commission announced that it has fined three ro-ro operators $520,000 for conspiring to fix fares from Peninsular Malaysia to Langkawi, an island community at the western end of the Strait of Malaka.