Climate change could cost marine insurance industry millions
While weather-related losses are nothing new to the marine insurance industry, climate change has emerged as a new threat that could potentially cost the industry millions. “Climate change is one of the most important risks facing the marine insurance industry today,”...
TNPA offers assurances over draught concerns
Although shipowners are up in arms about shallower berths at the Port of Durban continually cutting into their vessels’ potentialpayloads, the Durban harbour master says plans are afoot for more dredger horsepower to tackle the problem head-on this year. TNPA this...
‘Massive disruptions’ expected on Jhb roads
The Johannesburg Roads Agency (JRA) has warned that, starting September, there will be massive traffic disruptions on several of the city’s roads and highways, particularly the M1 and M2, as upgrades and expansion to bridges and roads get under way. This includes the...
Increased opportunities for women in transport
Transport minister, Dipuo Peters, has encouraged women to take advantage of the opportunities available in the transport sector. As government invests R12.5-billion in non-toll road networks and builds the R573, the Minister says she wants women to reap the benefits....
No chance of all-in rates for sea
Although a number of airlines – like Emirates, Ethiopian and several others – have been making a big issue of offering all-in tariff rates, this trend is unlikely to migrate to the seafreight sector. It’s just not feasible, according to Glenn Delve, SA marketing...
Shipping liner hit with R95m fine for price fixing
The Competition Commission has slapped a R95.66m fine on Norwegian shipping line Wallenius Wilhelmsen Logistics (WWL) after it admitted to price fixing, market allocation and collusive tendering last Thursday. WWL reached an agreement with the commission after it...
Container ships soon to sail unmanned?
In May, our published sister weekly FTW carried a story about the development of unmanned “autonomous trucks” on mines. And we’re now at a stage where underground trains, trucks, cars, computer-controlled container transport vehicles at terminals, and people movers in...
New system that will be implemented by our biggest Terminal in Durban
We would like to bring to your attention a new system that will be implemented by our biggest Terminal in Durban, effective from August 31, 06h00. The booking system will affect the trucks collecting and delivering containers. The booking system has been used briefly...
More Chinese funding for SADC ports and roads
Please find herewith extract taken from the FTW Online, for your information Additional pledges for Chinese infrastructure development funding have been received after the Southern Africa Development Community (SADC) region took its multi-billion-dollar infrastructure...