Bunker prices have gone down $20 from yesterday’s $322 to $302. Courtesy of Cockett Marine Oil.
Some operators already switching between providers as they seek the most effective tools to enhance efficiency and reduce costs.
But the logistics firm is gearing up to participate in opportunities to the value of R8 billion across key regional corridors.
The conflict has resulted in the closure of several borders, including those linking Uganda with the DRC.
Reducing a ship's speed by 10% can lower emissions by almost 20%. – John Maggs, Clean Shipping Coalition
Despite criticisms of the WTO in a recent report, the US says it intends to remain engaged in the organisation.
It has been acknowledged that the price of some goods may rise on the back of import prices going up.
Freight forwarders continue to contend with inefficiencies at ports and across the transport network.
The union has not ruled out the possibility of industrial action if negotiations hit a deadlock.
The TKC Secretariat has warned that bottlenecking should be expected at alternative borders.
The fight is headed to court after the entity refused to accept the Information Regulator’s enforcement order to divulge key information.
The country claims the duties are inconsistent with the WTO's Trade Facilitation Agreement.
Jiangnan Shipyard has landed an order for 12 LNG dual-fuelled 18 000-TEU newbuilds.