Business leaders consider cybercrimes such as ransomware attacks to be the greatest risk their businesses face.
The biofuel, sourced using a circular economy approach, could cut greenhouse gas emissions by up to 90% on a well-to-wake basis.
A contract between the International Longshoremen’s Association and the US Maritime Alliance is set to expire on September 30.
Both MSC and Maersk have experienced fires in short succession.
The vessel was travelling near the eastern tip of Bali when the devastating explosions appear to have ignited the blaze.
Initiatives intended to alleviate cargo congestion are expected to be implemented as early as August 14.
An upcoming conference will focus on the global risks facing commercial shipping due to piracy and terrorist attacks.
“Nothing is impossible if you really put your mind to it.” – Thembelihle Shangase
But the vessel and its cargo remain under Iranian control.
The company has seized an opportunity in the global market that has seen a decline in the number of these specialised vessels.
"Longer transit times are impacting South Africa in the form of equipment and vessel shortages."
The locally built vessels will replace two existing boats that have reached the end of their design lifespan.
