Evergreen Shipping Line the fourth largest shipping company worldwide plans to acquire new vessels to boost its operations In East Africa. According to the chairman of Gulf Badr group of companies an agent of the Evergreen Shipping Line Bahaa Badr,...
Emerging black-owned companies have called for the maritime industry to be separately governed as they believe it is a neglected sector. The maritime sector is under the Department of Transport, which also manages the aviation, logistics and rail...
Ethiopia said its state-run trucking company will offer subsidized pricing to cut the cost of hauling fresh produce as the Horn of Africa country tries to boost fruit and vegetable exports 20-fold. The state-owned Ethiopian Shipping and Logistics...
Piracy off the coast of Somalia has wreaked havoc on shipping industry, say specialist energy attorneys. Maritime piracy poses a significant threat to the feasibility of east Africa’s natural gas reserves, says Luke Havemann, founding director of...
JSE listed Grindrod Limited, the integrated logistics and shipping business, has finalised the transaction to purchase a 74.5% interest in the Botswana based fuel logistics company, Petrologistics. The interest, currently held by Imperial Holdings,...
Mauritius has said it will receive and try suspected pirates captured by British forces patrolling the Indian Ocean under an agreement with the United Kingdom. The Indian Ocean nation’s Prime Minister Navinchandra Ramgoolam is expected to...
With the continuing economic crisis in Europe, South Africa’s shipping industry is taking strain. So says Safmarine’s CEO, Grant Daly. This, the high cost of oil and the growing piracy scourge, has cost the global shipping trade more than $9bn a...
Maersk Mc-Kinney Moeller, longtime shipping magnate, dies at 98 Maersk Mc-Kinney Moeller, an immensely rich and powerful Danish businessmen who transformed his family’s shipping company into the world’s largest, died on Monday in Copenhagen. He was...
