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07 July 2015

Ghana aims to be port of call for west Africa’s offshore oil industry

Posted in Industry news

The Atlantic waters off the west African coast teem with oil rigs and support vessels, most a very long way from home.

Ghana, a new entrant to the energy game, wants to provide them with a closer port of call.

07 July 2015

Dry Bulk Market Crisis: An Opportunity or Threat?

Posted in Industry news

The shipping industry is experiencing its largest dry bulk market recession since the 1980s. The uncertain global economic outlook and the increased imbalance between supply and demand have lead to historical low freight rates. The current downturn might

The recent measures of 2013 that promoted the replacement of older tonnage, allowed the Chinese to fund newer ships for shipowners. This resulted in a larger orderbook for Chinese yards, but gave way to lower freight ratest. Additionally, private equity funds have grown increasingly dissappointed because investments have failed to materialize returns.

The lower tonnage in key trades during 2015 have the average bulk carrier day rates to drop to around $6,500. China. the largest bulk market, has witnessed a major decrease of coal imports. Some shipowners have converted their newbuilding orders to tankers while others turned to pooling strategies in order to minimize their exposure.

02 July 2015

Ghana looks boldly towards the sea

Posted in Industry news

Ghana's vision of a commercial port to match the country's ambition as a regional trading centre takes a step forward.

As regular Africa-watchers realise, one key shortfall which prevents African nations being able to achieve the full benefit of their commercial potential is a lack of suitable infrastructure.

02 July 2015

Workers at Kenya's main port strike over higher health costs

Posted in Industry news

(Reuters) - More than 2,000 workers at East Africa's biggest port in Kenya's coastal city Mombasa went on strike on Wednesday protesting an increase in the amount they will have to pay for state-run health insurance.

Cargo ships remained unattended as workers gathered and held discussions in groups at the port, the biggest in the region, which handles imports such as fuel for Uganda, Burundi, Rwanda, South Sudan, eastern Democratic Republic of Congo and Somalia.

02 July 2015

Incentivising oil and gas companies in South Africa

Posted in Industry news

Over the last few years, there has been a steady upswing in the level of activity in the oil and gas industry in South Africa (SA.)

Oil and gas companies and oilfield services companies continue to play a significant role in these increased levels of activity in the sector and whilst there has seemingly been a slowdown in the sector, SA should continue its efforts to encourage investment into this very important industry.

01 July 2015

Transnet awards bid for Cape Town Cruise Terminal

Posted in Industry news

Transnet National Ports Authority awarded the V&A Waterfront (Pty) Ltd the status of Preferred Bidder for the development of a cruise terminal at the Port of Cape Town, Transnet said on Tuesday.

01 July 2015

Lack of multimodal collaboration hampers SADC trade competitiveness

Posted in Press releases

The need for greater multi-modal collaboration, increased infrastructure development – for ports, road and rail – as well as the ongoing issue of ever-escalating logistics costs were in the spotlight at the two-day Africa Ports & Harbours and Africa Rail Show 2015, which kicked off in Johannesburg yesterday.

30 June 2015

Grindrod opens R200m terminal

Posted in Industry news

GRINDROD, the listed integrated logistics service supplier, has officially opened a new R200 million state-of-the-art intermodal terminal in Denver in Johannesburg.

The 130 000m2 industrial development is Grindrod's largest intermodal facility and was built over the past three years on a site once featuring a mine dump, now flattened.

30 June 2015

TNPA appoints new Durban port manager

Posted in Industry news

Transnet National Ports Authority (TNPA) on Thursday announced the appointment of Transnet Port Terminals head of strategy Moshe Motlohi as the new Durban port manager.

28 June 2015

PSA Crowned Supreme Terminal Operator

Posted in Industry news

Global terminal operator PSA International has been named the "Best Global Container Terminal Company" at the 2015 Asian Freight, Logistics & Supply Chain Awards (AFLAS) held in Hong Kong on June 24, 2015.

27 June 2015

Freight Tetris: Exploring London's hi-tech Gateway port

Posted in Industry news

Cables whistle through pulleys, as quay cranes swing containers between ship and shore.
Heavy machinery rolls along rails to the strange music of beeps and sirens. Further from the shore, 20m-high stacking cranes choreographed by computers load and unload lorries . And all this comes with a minimum of visible human effort.
Welcome to the 21st Century container port.

26 June 2015

Consortium emerges as lead investor in N300b Badagry port project

Posted in Industry news

THE Badagry Ship Repair Marine Engineering Consortium (BSMEC) has emerged as the chief investor for the $1.5 billion (N300 billion) dockyard project being facilitated by Nigeria Liquefied Natural Gas Limited (NLNG).

26 June 2015

Boskalis wins EUR 75 million worth of dredging contracts in Africa

Posted in Industry news

Royal Boskalis Westminster N.V. (Boskalis) has been awarded three dredging-related contracts on the African subcontinent with a combined value of approximately EUR 75 million, the company said in its press release.

26 June 2015

Grindrod signs shipping agreement with US partner

Posted in Industry news

JSE-listed Grindrod has signed an agreement to cooperate with US-based Teras Cargo Transport on US flag shipping services to Southern and Eastern Africa.

Under the terms of the agreement, Grindrod would provide shipping and logistics support to Teras, which focused on the oil and gas industries.

25 June 2015

Global container traffic in decline

Posted in Industry news

Container lines have been delivered some unpleasant news as they steer into what should be the summer cargo peak season.

German research institutes RWI und ISL today warned that global containerised cargo flows appear to have contracted last month (May).

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