Shipping Blog
Important and relevant information at your fingertips
The world of shipping is one of the most complex and intriguing industries in the world. The movement of goods across oceans and continents is essential to the global economy and has played a pivotal role in shaping human history. From the grandeur of massive container ships and their global supply chains to the small-scale operations of local fishermen, the shipping industry touches every aspect of our lives.
Our Shipping Blog is a window into this fascinating world, providing insight into the latest trends, technologies, and challenges facing the industry. Whether you’re a maritime professional, a student of history, or simply curious about the world around you, our shipping updates have something to offer.
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”,...
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...
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....
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...
Durban Port recovery update
Port recovery Both water and berths received considerable debris deposited as a result of the storm. Currently, teams are working in the harbour and along berths to remove debris, enabling tugs and...
SARS carries out search and seizure operations
The South African Revenue Service (SARS) through its Syndicated Tax & Customs Crime Division, carried out inspections as well as search and seizure operations on entities in the banking sector,...
EU and US tightens sanctions against Russia
On Tuesday, the EU executive proposed banning Russian ships from European ports. So far, none of the 27 EU member states has instituted a national ban — unlike Britain, which did so in early March....
Shanghai Covid lockdown extended to entire city
Chinese authorities have extended their lockdown of Shanghai to cover all its 25 million people after a fresh surge in Covid cases. Initially, there had been separate measures for the eastern and...
Shipping industry triples profits in 2021
The figures are eye-watering. The latest research by maritime consultancy Sea-Intelligence reveals that global shipping lines made an operating profit of over US$110 billion in 2021. HMM and OOCL...