Africa

Africa

18 Oct 2014
A European construction consortium will begin work this year to expand the Suez Canal under a $1.5 billion contract from the Egyptian government announced on Saturday.
29 Sep 2014
A Hapag-Lloyd vessel dropped three containers into the Suez Canal on Monday morning after colliding with a Maersk Line vessel, interrupting a southbound convoy through the Egyptian waterway.
Tanger-Med
26 Sep 2014
The blossoming economy in Morocco is presenting opportunities for port investment, and officials are hoping good news could spur up to $8 billion in new port infrastructure.
25 Sep 2014
Concerns about Ebola transfer in western Africa continue to have the region’s shipping industry on edge with reports of possible boycotts ahead.
Ocean carrier rate revision roundup for Sept. 19
19 Sep 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
Ocean carrier rate revision roundup for Sept. 12
12 Sep 2014
Multiple container lines have planned general rate increases in numerous trade lanes in September and October...
09 Sep 2014
Maersk Line has a clearly defined strategy for expansion in global trades, but is being very cautious about not disclosing it.
Maersk container ship
08 Sep 2014
A decade-long revamp of its culture is driving profitability gains at Maersk Line, the world's largest global container line.
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.