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.
10 Jun 2015
Cargo theft more than doubled in the United Kingdom in the first quarter and rose 17 percent in the Netherlands, Europe's biggest container hub, according to data released by the Transported Asset Protection Association. The problem, however, is global.
18 May 2015
Maersk Line has entered into a vessel sharing agreement with Mediterranean Shipping Co, its 2M alliance partner, and Japan’s Mitsui OSK Lines (MOL) on the Asia to East Coast of South America trade route.
11 May 2015
Strong gains in chemical manufacturing make chemicals hauler Quality Distribution an attractive acquisition target for a private equity firm such as Apax Partners. Expect Apax to help fuel Quality's expansion through additional acquisitions.
08 Apr 2015
The first consignment of South African apples ever shipped to China is on the water and will arrive in Shanghai on May 2 following eight years of negotiations between the two countries over access to the giant Chinese market.
16 Dec 2014
Maersk Line plans to launch a direct weekly service from India to Africa in late January 2015 in a move to reduce transit times on that trade lane.
27 Oct 2014
South Africa’s port landlord Transnet will help educate ports in Kenya, Namibia, Mozambique and Ghana under a new agreement meant to bring their ports up to international standards.
17 Oct 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October and November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
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.
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.