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CATEGORY

South Africa

S.Africa’s Transnet lifts force majeure after derailment

South Africa’s state logistics company Transnet on Friday said it had lifted a force majeure declaration on its coal line, after restoring the main...

South Africa presses ahead with national shipping line plans

Pretoria is pressing ahead with the creation of a national shipping line, something that has been on the drawing board since 2017. The Department of...

Big plans for new state-owned shipping company in South Africa

The Department of Transport has released the first draft of the South African Shipping Company Bill, 2022 that aims to establish the country’s first...

South Africa Releases Plan to Launch National Shipping Company

South Africa has become the latest country to announce plans to start a national shipping line in response to the vulnerabilities that were highlighted...

South Africa says it will welcome sanctioned Russian yacht, but Cape Town not happy

While South Africa’s government has said it had “no reason” to apply the western sanctions brought against Russian tycoon Alexey Mordashov, and that therefore his superyacht...

South Africa May Provide a Safe Haven for $500M Sanctioned Megayacht

South Africa is choosing not to enforce U.S. sanctions on the $500 million Russian megayacht Nord, which is currently en route to Cape Town...

Island Drilling secures semisub contract off South Africa

Norwegian rig owner Island Drilling has clinched a new contract for its 2012-built semisub, Island Innovator, with Azinam, which is set to be acquired by...

ACWA Power and IDC to explore $10 bln green hydrogen projects in South Africa

Saudi Arabia’s ACWA Power and the Industrial Development Corporation of South Africa (IDC) have signed an extensive memorandum of understanding (MoU) exploring a partnership...

South Africa’s Coal Export to the EU up 582.7% During 2022

In its latest weekly report, shipbroker Banchero Costa said that “global coal trade has steadily improved this year, and has now fully recovered to...

Carriers avoiding Durban and Cape Town

A dockworker strike in South Africa that has been running in Durban and Cape Town since October 6th has led carriers to skip South...
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