Another billion USD for the Suez Canal 
The Suez Canal Authority (SCA) has scheduled investments of just over USD 1 billion for the coming financial year 2021. Among other projects, the assigned investments will be used for the completion of four tunnels underneath the Suez Canal – two in the proximity of Port... more
Bolloré handles out of gauge equipment for substation
Bolloré Logistics was contracted to transport and deliver out of gauge cargo from Spain to Shango substation in Rwanda through the port of Mombasa (Kenya). The cargo consisted of eight shunt reactors each weighing 29 t, and two transformers weighing 51 t and 75 t. With an... more
MSC on EHSQ
On the world maritime day, the Switzerland-based carrier published its fourth report on sustainability. This year's report, called ‘Sustainable shipping for a sustainable planet’, also raised awareness of the United Nations' sustainable development goals (SDGs). The... more
Scania East Africa chooses managing director
Scania East Africa has appointed Lars Eklund as the company’s managing director effective 1 October 2020, where he will also be heading the East Africa business unit that covers Kenya, Tanzania, Uganda and Rwanda. He brings profound experience and understanding of the region... more
CMA CGM updates WAX service
CMA CHM has decided to modify its service between West Africa and Asia as of the beginning of October 2020. The carrier said in a press release that it wants to "enhance service quality and reliability in Cameroon." The WAX service will be changed as follows:... more
Biggest cargo carrier back in Africa
Releasing its annual report for the fiscal year ending on 31 March 2020, Qatar Airways says it transported 1,493 million t of cargo, 2.8% more than in the twelve months before. This was in part due to the fact that the cargo carrier transported significant amounts of relief... more
New times ahead, says Drewry
This is neither the perfect storm, nor the sought-for boom, says London-based Drewry, pointing out that eastbound spot container freight rates have not just risen since the beginning of the Covid-19 outbreak, but are now even starting to exceed previous historical highs by up to... more
What about the maritime industry in 2050?
DNV GL Maritime has published the fourth edition of its ‘Maritime Forecast to 2050’. It is based on 30 scenarios that project future fleet composition, energy use, fuel mix, and CO2 emissions through to the year 2050.16 different fuel types and ten fuel technology systems are... more
World trade keeps coming back
According to the current flash estimate, the container throughput index published by the RWI - Leibniz Institute for Economic Research and the Institute for Shipping Economics (ISL) rose slightly in August 2020, seasonally adjusted, from (revised) 115.2 to 116.1, while the... more
