Africa

Africa

29 Oct 2014
Construction on a new seaport in the Indian Ocean town of Bagamoyo, Tanzania will begin in 2015, Tanzania announced Tuesday.
05 Sep 2014
The Suez Canal Authority isn’t having any trouble finding money to pay for a $4 billion project to build a second channel.
03 Sep 2014
Monthly revenue at the Suez Canal hit a record $506 million in August, partly reflecting a surge of container volume in the last month.
Virgin Atlantic plane
03 Sep 2014
Virgin Atlantic unveiled plans to boost its core trans-Atlantic passenger and cargo route network and axe flights to Tokyo, Mumbai, Cape Town and Vancouver in a bid to achieve “record levels of sustained profitability” by 2018.
Cathay Pacific Cargo aircraft
02 Sep 2014
Global air cargo traffic surged 5.8 percent in July from a year ago and likely will continue to increase in the coming months, driven by accelerating economic growth in key Asian markets, according to the International Air Transport Association.
01 Sep 2014
Hapag-Lloyd will begin charging an Ebola inspection fee on all shipments to and from West Africa from Sept. 21 as mandatory health checks on ships are expected to cause lengthy delays.
Ocean carrier rate revision roundup for Aug. 29
29 Aug 2014
Several container lines have planned general rate increases in trade lanes in the next two months, but any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
Port de Djibouti
28 Aug 2014
China Merchants Holdings (International) is the second state-owned terminal operator to post positive first half results with total container throughput rising by 18 percent to 38.5 million TEUs, consolidating its position at the top of the mainland’s port operator table.
Edith Maersk
25 Aug 2014
The persistent congestion clogging major gateway ports in the U.S. and Europe is raising a debate about whether it’s just peak-season volumes causing delays in import shipments or the inability of ports to handle the sharp growth in container ship sizes.
Ocean carrier rate revision roundup for Aug. 22
22 Aug 2014
Multiple container lines have planned general rate increases in numerous trade lanes in the coming months, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
18 Aug 2014
Multiple container lines have planned general rate increases in numerous trade lanes in August, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.