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.
07 Aug 2014
International Container Terminal Services saw profit, revenue and volumes increase at double-digit rates in the first half of 2014.
Air cargo inside a freighter
05 Aug 2014
The growth in global air cargo traffic slowed in June as a strong performance by Asia-Pacific and Middle East carriers was offset by declines in Europe and North and South America, according to the International Air Transport Association.
Container ship in Suez Canal
05 Aug 2014
Egypt today unveiled plans to build a “second” Suez Canal alongside the existing waterway to keep pace with growing traffic on the Asia-Europe shipping lanes.
Ocean carrier rate revision roundup for August 1
01 Aug 2014
Several container lines announced this week general rate increases for the month of September.
28 Jul 2014
The Suez Canal’s major deepening project is just over the horizon as crews will start widening and dredging a 34-kiliometer strip in order to improve wait times for vessels using the canal.
Ocean carrier rate revision roundup for July 25
25 Jul 2014
Several container lines have planned general rate increases in multiple trade lanes in August, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
23 Jul 2014
CMA CGM said it will reorganize the rotations of its ASAF and WAX lines to improve service between Asia and West Africa.
Weekly wrap-up for July 19
19 Jul 2014
While it is obvious that beneficial cargo owners shipped early this year through the West Coast in anticipation of the July 1 deadline for contract negotiations between the International Longshore and Warehouse Union and waterfront employers, reports of cargo surges at Canadian and U.S. East Coast ports in May and June indicate retailers were also diverting shipments away from West Coast ports.
Ocean carrier rate revision roundup for July 18
18 Jul 2014
Multiple carriers have announced general rate increases on several trade routes to take effect in August.
15 Jul 2014
Due to an error in assigning one carrier’s port calls at Tianjin, China, to the correct terminal, JOC is issuing a revised 2013 Port Productivity Rankings...