Egyptian armed forces are on high alert ahead of the ceremony to open the $8 billion, 44.7 mile extension to the Suez Canal on August 6, which will for the first time allow two-way traffic on the canal, creating economic benefits for both international shippers and the local economy.
04 Aug 2015
Egypt should deliver on a commitment to dredge a new Mediterranean access channel to the Suez Canal as soon as possible or it risks derailing the goals of its ambitious Suez-centered development plans.
27 Jul 2015
Three container ships sailed through the “new” Suez Canal over the weekend in the first trial run of a second shipping lane alongside the existing waterway ahead of the official opening next month.
24 Jul 2015
Winds in excess of 60 miles per hour at the Port of Cape Town have led to delays in berthing vessels for the better part of a week.
22 Jul 2015
FedEx Express is re-engineering its global network by replacing older, higher capacity planes with more efficient, technically advanced aircraft that have lighter payloads. The result should be a more efficient, higher yield operation in an era of slower air cargo trade.
17 Jul 2015
The Port of Mombasa saw its container traffic grow by double digits in the first half of the year for the second straight year, suggesting that its investment in new container terminals, one of which opened in 2013, is already paying dividends.
16 Jul 2015
CMA CGM is beefing its Mediterranean to West Africa service less than a week after announcing a general rate increase from East Asia to West Africa, suggesting that container volumes in the region are growing.
13 Jul 2015
The world’s largest container carrier does not expect any disruptions as the Suez Canal races to meet its August 6 opening deadline for the expanded waterway that is a critical link on the Asia-Europe and Mediterranean trades.
13 Jul 2015
The benefits for containerized trade have not yet been clearly spelled out in China’s One Belt, One Road plan, but the scale of the initiative and the economic figures involved should make compelling reading for Asia-Europe shippers.
10 Jul 2015
CMA CGM has announced a general rate increase for shipments from Asia to West Africa, as trade between Japan and Nigeria, West Africa’s largest economy, has exploded in the past few years.
10 Jul 2015
Getting containers to Africa’s ports is the easy part, but transporting those boxes inland to their final destination is taxing the minds of logistics executives in the region.