Government control of marine traffic will most likely result in the formation of another state-owned entity.
"However, we anticipate a slowdown in ship demand growth in the second half of 2024 due to weaker cargo volume growth."
The IMO has recognised the Captain and crew of the tanker for their exceptional bravery at sea.
The vessel has a history of being cited in port state inspections, most recently for issues with its fire detection system and dampers.
Seafarers are often considered guilty until proven innocent and denied their fundamental rights.
The vessel is the first of its kind, custom designed to safely transport liquefied CO2 from capture sites in Europe.
The drugs were stuffed in sacks and disguised as kidney bean imports.
The Houthis claim 16 ballistic missiles were fired at the USS Stockdale and USS O’Kane.
Transnet National Ports Authority will receive R15 318m in revenue as opposed to the R15 663m it requested.
The 114 727-dwt bulker sustained damage to its cargo hatches during the incident and had to return to anchorage.
Sobantu Tilayi has been suspended pending the outcome of an internal investigation.
The social media platform giant has signed a sustainable maritime fuel offtake agreement with Norden.
A total of 33 people have been rescued since the vessel capsized on Monday.
