The decision serves to “prevent, mitigate and resolve bottlenecks and additional breakdowns”.
A sudden rediversion of global traffic through the Suez Canal would unleash surplus tonnage back into regular trade lanes.
The government would deepen the implementation of current reforms in energy and logistics.
More than 200 light aircraft, including helicopters and small twin-prop planes, are expected to fly in.
The brownfield development opportunity in Maydon Wharf spans 145 hectares and features 15 berths.
TNPA said it forms part of its masterplan for ports in KwaZulu-Natal.
This move is seen as a significant step in the industry’s push towards automation.
The company has committed $120 million for the initial development and feasibility studies.
The city’s port and airport precinct have been targeted in the attacks over the past four days.
Transport sector leaders will focus on resolving burning issues facing the industry at the upcoming conference.
Dornay Swartz, projects manager at Africa Union Cargo Namibia, says work in the DRC paved the company’s way in West Africa.
Siva Pather, managing director of Land and Sea Risk, says the real challenge extended far beyond the criminal incidents.
