Eqstra Fleet Management has revised its fuel budget recommendations to fleet managers for 2015 from 10% (recommended end November) to between 5 and 8% due to the recent drop in the fuel price price of R1.23 to R11.24 (95 unleaded). “Since 2003,...
French shipping line CMA CGM, signed a memorandum of agreement with Angola’s Multiparques group in December 2014 for the operation of the new terminal at the port of Lobito in Angola. “Lobito is Angola’s second port and its location and train...
The Nampula to Cuamba road in Mozambique is now set to be completed over a year later than scheduled, despite promises that paving and repair work would be done by the August 2014 deadline. According to the public works and housing deputy minister,...
The National Oil Corporation in Tripoli has warned that incoming tankers at Libya’s ports may be under threat following an incident on Sunday (4 January) when a Greek-operated oil tanker, chartered by Libya’s national oil company, was bombed...
