The new energy independence of the U.S. has sent African imports of crude oil plummeting, according to PIERS, a sister product of JOC.com within IHS Maritime and Trade.
Africa Trade Data
12 Dec 2014
It's been called the final frontier for trade growth — the only place in the world where exponential economic and cargo growth is still possible and major trade is still evolving. Rising African container volumes are increasingly showing the limits of freight infrastructure on both the East and West African coasts, where ports are experiencing trouble dealing with the rise in ship calls and freight volume.