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November 14, 2024
Hapag-Lloyd's CEO said that Donald Trump's election as U.S. president sends mixed signals to global shipping. Positive macroeconomic effects could be offset by damaging tariffs. When asked about the prospects of a Trump Administration, CEO Rolf Habben Jansen said…
Posted to Maritime Reporter
on
September 2, 2024
Transnet, the state-owned South African logistics group, reported a loss of 7.3 billion Rand ($408,72 million) for the year ending March 2024. This is up from a loss of 5.1 billion Rand a year before. Transnet, a debt-laden company, has been…
Posted to Maritime Reporter
on
August 14, 2024
According to the German container liner Hapag Lloyd, who spoke with analysts on Wednesday, the global order book for ships, which represents 18% of the fleet of the world, will increase but at a reasonable rate. "I expect that the 18% which is not a concern…
Posted to Maritime Reporter
on
July 29, 2024
and began to break apart in rainy weather condition on South Africa's. west coast, although there are no signs of affected wildlife. yet, authorities stated on Monday. Rough sea swells have damaged the Panama-flagged general. freight vessel Ultra Galaxy given that it wandered onto a sand bank.
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July 23, 2024
Transnet, a troubled South African logistics company, has been approved for a $1 billion loan by the African Development Bank. The bank and Transnet announced this on Thursday. Transnet, the state-owned company in South Africa, has struggled…
Posted to Maritime Reporter
on
July 11, 2024
Major Feedmill Group in South Korea (MFG) issued a tender for the purchase of up to 140.000 metric tons animal feed corn, which must be purchased from South America or South Africa alone, European traders reported on Thursday. The deadline to submit price bids in the tender is on Friday, July 12th.
