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March 1, 2026
A multi-agency maritime agency said that one person was 'presumed dead' and five crew members were reported missing after a tug boat sank near South Africa’s southern coast. The ship sank around 80 nautical miles south-east of Mossel Bay, in South Africa's Western Cape province.
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February 16, 2026
AML, the main mining company, is expected to produce a total of?10 millions tons by 2025. ArcelorMittal, a Luxembourg-based company, is expanding its Liberian operation. This includes a new concentrator as well as major upgrades to the rail system and ports.
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February 6, 2026
Brazil's Petrobras purchased a 42.5% share in an oil exploration field near the coast of Namibia, the state-run firm announced?on Friday. The company is looking to replenish its oil reserves by exploring new frontiers in Africa. Petrobras announced…
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November 6, 2025
Ambrey, a maritime security company, reported on Thursday pirates had boarded a tanker flying the Malta flag off the coast of Somalia. Ambrey, in a statement, said that pirates had approached the tanker on a skiff. They then opened fire. The pirates operated from a hijacked Iranian flagged dhow.
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October 14, 2025
European traders reported on Tuesday that Taiwan's MFIG buying group had issued an international tender for up to 65,000 metric tonnes of animal feed corn, which could be sourced in the United States, Argentina Brazil or South Africa. They said…
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November 16, 2025
On Sunday, ten amateur crews participating in the fourth Stage of the 2025/26 Clipper Around the World Race left the safety of Cape Town and headed to the notorious "Roaring Forties". The race organizers acknowledge that the leg from Western…
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November 11, 2025
HAMBURG (Germany), Nov. 11 - Taiwan’s MFIG buying group has announced an international tender for up to 65,000 metric tonnes of animal feed corn that can be sourced in the United States, Argentina Brazil or South Africa. According to the sources…
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August 30, 2025
Hermanus Yacht Club won the Lipton Challenge Cup in Cape Town, South Africa, for the first time ever. The sailing regatta has been held since 1909 and is steeped with history. The five-day regatta was hosted by the defending champion Royal Cape Yacht Club, Africa's premier regatta.
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March 31, 2025
ArcelorMittal South Africa has announced that it will delay the closure of the long-steel plants in its loss-making state until August 31, after receiving a $191.50-million injection from the Industrial Development Corporation. After failing to receive concessions from the government on its demands…
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July 29, 2025
A senior South African diplomat stated on Tuesday that U.S. requirements on domestic affirmative actions policies are complicating efforts to achieve a trade agreement, just days before a tariff of 30% on South African exports into the U.S. comes into effect.
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July 8, 2025
In recent months, iron ore prices have remained stable despite increasing uncertainty about the future of the steel raw material. The benchmark Singapore Exchange contract closed at $95.25 per metric ton Monday. This is down from $95.89 the previous day…
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June 8, 2025
On Sunday, the reigning champions Spain gave a strong performance in the second round of SailGP. They beat New Zealand and France to win the final race at New York. The season has now reached its halfway point. Diego Botin’s team, fresh off…
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May 22, 2025
The transport ministry announced on Thursday that the South African government had agreed to provide a 51 billion rand ($2.8billion) guarantee facility for Transnet, a state-owned logistics company in financial trouble. Transnet has been struggling…
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March 19, 2025
ArcelorMittal South Africa announced on Wednesday that it was in discussions with the government and others parties about funding to delay the planned closing of its long-stack steel operation. After discussions with the government, the steelmaker…
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February 5, 2025
Hapag-Lloyd, a container shipping liner, will be able cope with U.S. Tariffs on Chinese Products. This was the chief executive's message to reporters on Tuesday. Rolf Habben Jansen, CEO of Rolf Habben Jansen, said that it was too early to panic…
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December 16, 2024
Szabolcs WEORE, New Europe Hungarian skipper, has pulled out from the Vendee globe due to irreparable damages to his boat. Organisers of the solo non-stop unassisted sailing around the world competition announced this on Monday. Weores' IMOCA shroud…
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December 10, 2024
enhanced rail logistics in South Africa. target range of 11.5-12.5 million tons. August. Thungela said enhanced rail efficiency had actually made it possible for a. step-up in efficiency at its Khwezela and Zibulo mines, while. better than expected progress made in passing through geological.
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November 14, 2024
Hapag-Lloyd's CEO said that Donald Trump's election as U.S. president sends mixed signals to global shipping. Positive macroeconomic effects could be offset by damaging tariffs. When asked about the prospects of a Trump Administration, CEO Rolf Habben Jansen said…
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October 3, 2024
On Thursday, Colonel Molatelo Motau of SADC's mission in Democratic Republic of Congo announced that 40 people were rescued and 23 bodies recovered following a boating accident on Lake Kivu. Video seen by showed the boat tipping sideways and then capsizing in calm water.
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September 2, 2024
Transnet, the state-owned South African logistics group, reported a loss of 7.3 billion Rand ($408,72 million) for the year ending March 2024. This is up from a loss of 5.1 billion Rand a year before. Transnet, a debt-laden company, has been…
