Government control of marine traffic will most likely result in the formation of another state-owned entity.
Trade disruption, increased rates and possible labour benefits have been referenced by various sources.
Teams commenced with inspections of vessels in Gqeberha this week as part of the national safety audit.
Officials tried three times over a 24-hour period to extricate the vessel from its position.
Prime Minister Abiy Ahmed’s visit to Somalia marked a renewed phase in bilateral relations.
Cadets will gain critical sea time training aboard the shipping line’s vessels.
More than 80% of current containerships calling at US ports could be hit by US tariff fees as they are envisaged, says Drewry.
The containership, which ran aground off the Canadian coast almost two weeks ago, has significant breaches to her hull.
Mining is an important contributor to the economies of countries in sub-Saharan Africa, representing around 7.5% of South Africa’s GDP.
Operated by Grindrod Logistics Africa, the new vessel has capacity to carry 21 fully loaded freight vehicles.
Analysts suggest the decision is likely an effort to manage capacity and stabilise declining freight rates.
The SHIPS for America Act was introduced in December by bipartisan lawmakers.
Authorities are assessing whether to remove some containers before refloating the box ship.
