Spot rates soar as Red Sea crisis continues
Ocean freight container shipping spot rates are poised to surpass previous peak levels, reminiscent of the Red Sea crisis peak, upon the latest wave of increases set to hit the market on June 1. As reported by leading benchmarking platform Xeneta, the industry has...
Global supply chain under strain
Please see below extract form a communication received from MSC: Please note that effective May 1st through May 14th, there will be a USD 500 per TEU rate increase. This adjustment is necessary due to ongoing disruptions in the Red Sea region, which have disrupted...
Cargo handling plummets as weather pummels coast
Inclement weather wreaked havoc along South Africa's coast, leading to a significant drop in container throughput as detailed in the latest Cargo Movement Update by Saaff and Busa. Port operations faced challenges including equipment breakdowns, system failures, and...
South African Landside Charge Increase
Dear Valued Client, ANNUAL S.A. LANDSIDE INCREASES Transnet National Ports Authority (TNPA) Transnet Port Terminals Transnet Container Terminals Truckers (FCL / LCL) Container Operators Container Depots Reminder that the South African Landside Charges including port,...
Important Communication Re: Advance Import Payments (Trade Finance)
The Advance Import Payment (AIP) initiative is a component of the South African Revenue Service’s (SARS) Customs Modernisation Programme (CMP). It establishes the foundation for SARS to collaborate with the South African Reserve Bank (SARB) and authorised dealers to...
Status update on port operations: Transnets Container Recovery Plan
Please see Transnets Container Recovery Plan below with more information to keep all stakeholders up to date.
SAAFF’s Media Statement on the current logistics crisis
Please see full article relating to a Media Statement from The South African Association of Freight Forwarders. "SAAFF's media statement on the current logistics crisis: There are currently 96 vessels waiting at anchorage outside our commercial ports, directly costing...
Transnet fully focused on dealing with delays at ports
Transnet SOC Ltd. (Transnet) is implementing a number of urgent interventions to address the backlogs at the Port of Durban and to ease the congestion at Richards Bay in order to minimise the impact on the South African economy. The delays are due various factors...
South African Port Congestion
Dear Valued Customer The situation at terminals in South Africa continues to present challenges, Durban is heavily congested placing pressure on our other ports. According to Transnet this can be attributed to equipment failure, dredging, bad weather and high winds....