Analysts note that in several markets, spot prices have now fallen below contract rates.
The operations centre has urged vessels to exercise heightened caution while small boats face port restrictions.
A trading-credit scheme could unintentionally favour LNG over truly low-carbon alternatives.
Nacala and Beira, especially, have impressed by expanding their reach to new markets.
Carriers were cancelling sailings at an intensity not seen since the early pandemic period.
It’s part of a broader US effort to counter China’s dominance in the maritime trade.
The plan includes investments in technologies to cut fuel consumption and emissions.
Deputy Minister of Transport, Mkhuleko Hlengwa, will attend the event along with operators and environmental representatives.
“Ships may be built of steel, but seafaring is built on people.” - Bjorn Hojgaard.
Harbour operations reveal that more than 300 vessels are currently moored across 12 harbours.
It will provide support for trainers in developing countries to produce locally relevant courses.
The AHTSV Umkhuseli also plays a critical role in maritime skills development.
