Port of Richards Bay Coal Terminal (RBCT). The port handled 70.2 million tonnes in 2020 but is unlikely to match that this year as TFR recently cut coal export traffic by 9 million tonnes. Picture by Charles Corbett Transnet met with the Minerals Council SA on Monday...
AP Moller-Maersk A/S, the world’s biggest container shipping line, was expected to make around $4.5 billion in operating profit in 2021, according to estimates at the start of the year by the financial analysts who follow the company. Their estimates have turned out...
China’s Belt and Road Initiative (BRI) got a major boost last week when the Court of Audit in Greece approved the sale of another 16 percent stake in Piraeus Port (OLP) to COSCO Shipping Line. The agreement includes a five-year extension for the company to complete...
In a customer advisory dated 20 August Maersk warned of the impact of the recent flare up of Covid-19 cases in China on airport operations, and in particular Shanghai’s Pudong International Airport. The advisory highlighted that a series of protocols were being...
A “Deep Blue” initiative which has seen the United States invest $195 million in helping Nigeria fight piracy at sea in the Gulf of Guinea is already bearing fruit. According to a report in Reuters, the incidence of heavily armed assailants using high-speed...
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