A transaction said to be netting Maersk $987.3 million will see the Danish line part with its box manufacturing subsidiary after China International Marine Containers (CIMC) succeeded in a lock-stock-and-barrel purchase of Maersk Container Industry (MCI). The deal is...
Despite disruption from lockdown measures over the summer, Vietnam’s seaports have handled in excess of 537 million tons of goods in the first nine months of the year – a three percent year-on-year rise, according to new data released by the Vietnam...
Finance Minister Enoch Godongwana says manufacturing and industrialisation remain key to stimulating South Africa’s economy. He was speaking during the launch of a book on the transformation of the economy’s structure and industrial development. Industrialisation is...
Public Enterprises Minister Pravin Gordhan said the master plan for the Port of Durban is currently undergoing consultation processes. “The Port Master Plan will serve as a basis for investment in the port both in respect of the port infrastructure – now governed by...
Loading of vehicles on car carriers just got a whole lot more efficient for Mitsui OSK Lines following the launch of an advanced car carrier cargo loading plan generation system using mathematical optimisation, a technology it has been working on with its group...
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