Industry News
Turkey Sets Its Sights On the Horn of Africa
Turkey is building on its already-strong relationship with Somalia as it accepts an invitation to explore for oil in its seas. Ankara has spent years building trust in the region as it seeks to increase its influence. Turkey’s influence in the Horn of Africa is back in the spotlight, following the announcement that Somalia […]
Tullow Suspends Trucking of Turkana Crude Oil Due to Bad Roads
Nairobi — Tullow oil has suspended the trucking of Turkana crude oil citing severe damages by adverse weather conditions that were experienced in the last quarter of 2019. In a Trading Statement & Operational Update released Wednesday, the company said the trucking procedures are currently halted and will resume construction once the roads are […]
Transnet moves ahead with plans to develop R2.5bn Gauteng port
The public-private partnership is expected to attract R20 billion in private sector investment over the next 20 years. Ports and logistics parastatal Transnet is moving ahead with plans to develop a new ‘inland port’ in Gauteng and on Wednesday announced the winning bidder that will develop and operate the R2.5 billion Tambo Springs […]
Nagaff Decries 40% Cargo Charges By Aviation Handling Companies, Seeks Shippers Council’s Intervention
The National Association of Government Approved Freight Forwarders, NAGAFF, has decried the hike in cargo charges by the Nigerian Aviation Handling Company, NAHCO, and Skyway Aviation Handling Company, SAHCO, which it says has risen by as much as 40 per cent. In a chat with Vanguard Maritime Report, President of the Association, Increase Uche, […]
Smart infrastructure that meets broad needs crucial for smart cities
Developing infrastructure that caters to the needs of society is fundamental to the creation of smart cities, which are not the result of new buildings, but of the increasingly critical role that technology plays in making urban buildings smart, says Johnson Control sub-Saharan Africa GM Archibald Makatini. Smart city technology, green building solutions and […]
Reopening of N2 Umhlatuze River bridge ‘by no means a small step’
Transport Minister Fikile Mbalula has praised the completed upgrade of the Umhlatuze River bridge between the Mtunzini toll plaza and Empangeni, saying it is “by no means a small step for road users”. Mbalula officially opened the upgraded bridge on Friday, where he emphasised the importance of infrastructure in connecting communities. “Every gravel […]
Promoters of Maputo and Richards Bay LNG terminals insist projects can be complementary
The promoters of liquefied natural gas (LNG) import terminals at Maputo, in Mozambique, and Richards Bay, in South Africa, insist that the two proposed projects can be complementary rather than competitive as there is sufficient existing demand and growth potential in the region to support both initiatives. In early December, Total and Gigajoule signed a […]
New maritime school on the cards for Durban
Tender issued for building of new maritime school SOUTH AFRICA, Durban: Plans to build a dedicated maritime-focused school in Durban were revealed this week as the Development Bank of South Africa released a request for proposals for the construction of the school on the site of an existing school in the Umlazi District. […]
Grindrod to invest R175m in AutoPort in KwaZulu-Natal
In line with its strategy to develop and provide logistical solutions on various corridors. Grindrod, the JSE-listed freight logistics and financial services company, has commenced construction of a R175 million 270 000m2 state-of-the art AutoPort just off the N3 in Camperdown between Pinetown and Pietermaritzburg in KwaZulu-Natal. The R105 million first phase of […]
Ghana signs rail revitalisation agreement
A rail revitalisation agreement has been inked between Ghana Railway Company Limited(GRCL) and State Owned Logistics Company Transnet to restore the Western Railway line in Ghana. The signing ceremony was led by Dr Popo Molefe and witnesed by the President of Ghana Nana Akufo Addo and the President of South Africa Cyril Ramaphosa. The […]
AfDB extends $36.7m loan for road rehabilitation project
Malawi has secured a $36.7-million concessional loan from the African Development Bank (AfDB) for the rehabilitation of a 55 km road that connects the districts of Ntcheu and Machinga, in the central and Machinga and eastern regions of the country respectively. The Nsipe road rehabilitation project will be implemented as part of the Nacala […]
