Hundreds of Workers at UK’s Felixstowe port to down tools

Hundreds of Workers at UK’s Felixstowe port to down tools

Hundreds of dockworkers at the UK’s biggest port will embark on an eight-day strike later this month after pay hike talks between workers and the terminal operator failed. UK trade union Unite announced on Friday that 1 900 of its members who work at Felixstowe port...
Freight Rates Falling – but off a Very High Base

Freight Rates Falling – but off a Very High Base

Ocean freight rates have fallen significantly in the last few months, but at more than $9 500 per container from China to the US, prices are still about 6.5 times higher than in June 2019. That’s one of the findings of a survey of more than 200 importers...
OR Tambo fuel shortage far from being resolved

OR Tambo fuel shortage far from being resolved

Despite the ongoing proclamations by Acsa and the Minister of Transport, Fikile Mbalula, that the fuel shortage at OR Tambo has been resolved, and jet fuel supply at the facility is “stable”, international airlines are still having to take expensive and...
Indonesia to ban exports of Palm Oil

Indonesia to ban exports of Palm Oil

The world’s top palm-oil producer announced that it will ban exports of the commodity starting Thursday, sending the prices of competing vegetable oils soaring. Indonesia accounts for about half of the world’s supply of palm oil, the world’s most...
Mass congestion off the East Coast of Shanghai and its Port

Mass congestion off the East Coast of Shanghai and its Port

The industrial city, which is one of the world’s busiest ports, is under a harsh lockdown with millions of people banned from leaving their homes and relying on the government to deliver food. Images taken from the MarineTraffic website, which tracks the live...
Freight Rates Falling – but off a Very High Base

Durban port working hard to clear backlog of 8000 containers

Durban port will, within days, clear the backlog of thousands of containers that came to a grinding halt during the disastrous floods that lashed KwaZulu-Natal’s Roads, rail and port infrastructure last week. Minister of Public Enterprises Pravin Gordhan assured...
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