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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…
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August 29, 2024
South Africa's Kumba Iron Ore. will invest an extra 7.6 billion rand ($ 428. million) in processing technology that will treble premium. quality production at its Sishen mine, it said on Thursday. The Anglo American system said the extra financial investment.
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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…
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August 4, 2024
On the middle Sunday, the Paris Olympics, the last day of swimming will be held, as well as the highly anticipated 100 metre men's final. Novak Djokovic is vying to win a medal and fill in that one hole in his trophy case. The river Seine water…
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August 4, 2024
On the "middle Sunday" of the Games, the last day of swimming will be held, as well as the highly anticipated men's final of 100 metres in athletics. Novak Djokovic is also aiming to add an Olympic medal to his collection. The river Seine water…
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August 2, 2024
The Olympics begin on Friday with the start of athletics. Home crowd favorite Leon Marchand will be aiming for his fourth gold at the Paris Games, and French judo legend Teddy Riner is chasing a fourth Olympic medal. Olympic champions in the…
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August 1, 2024
ArcelorMittal South Africa announced on Thursday that it hopes for a reduction in interest rates during the second part of the year, after its losses increased due to weakened demand. The company lost 1.11 billion Rand ($60 million), compared…
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July 29, 2024
Enfin! A disc of yellow appeared in the sky above Paris. Simone Biles, the star gymnast of the Games and the opening performance, was awe-inspiring. After the rain, Olympic venues in the heart of Paris were illuminated and the French team's start at the Games continued. BANG!
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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
Sasol, a South African petrochemicals firm, increased coal exports in the year ending June 30 by 5%. This was due to improved freight rail performance as well as higher production at their Thubelisha mine. The world's largest producer of fuels…
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July 23, 2024
Sasol, a South African petrochemicals firm, increased coal exports in the year ending June 30 by 5%. This was due to improved freight rail performance as well as higher production at their Thubelisha mine. The world's largest producer of fuels…
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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…
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July 11, 2024
Authorities said that salvage operations were in full gear on Thursday, to prevent an oil spill or pollution along South Africa’s west coast due to a grounded general cargo ship. The Panama flagged "Ultra Galaxy", which started to list badly…
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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.
