It aligns with broader trends in global shipping, where companies are increasingly seeking to diversify operations.
The company is dedicated to global-scale investments that bolster trade resilience and contribute positively to local communities.
Deputy Minister Andrew Whitfield highlighted the importance of building a strong base of skilled South Africans.
Five ship-to-shore gantry cranes were deployed to turn the MSC Ines around in record time.
The fund is the largest financier of regional transport infrastructure corridors and energy connectivity across member countries.
The dock will service offshore oil rigs, dredgers, and large offshore mining vessels that often travel to South Africa for repairs.
Transporters are billed as much as $200 per box per day for late returns.
“It’s a massive opportunity, and representing the AU obviously carries a lot of clout.” – Mike Fitzmaurice, Fesarta.
Females comprise only 28% of the logistics and transport sector workforce in South Africa.
Data accumulated over the years by Tracker shows that vehicle crime tends to escalate as year-end approaches.
“It makes perfect sense for our group to invest in this thriving gateway, anticipating the impetus of the African Continental Free Trade Area.”
Several trades have seen average sailing speed reach multi-year highs as carriers rush to get their ships back for their next scheduled sailing.