Inspiring Leadership & Sustainable Business Transformation in Africa
AFRICA – French logistics group Bolloré has agreed to sell its African operations to container shipping company Mediterranean Shipping Company (MSC) for US$6.3 billion. Bolloré said in a statement that the deal, which is awaiting regulatory approval, is expected to be completed at the end of the first quarter of 2023. If the deal gets regulatory approval, MSC Group will…
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WORLD – DHL Global Forwarding, the air and ocean freight specialist division of Deutsche Post DHL Group, has introduced another Sustainable Marine Fuel (SMF) service for ocean freight as part of their sustainability strategy. Following the success of the launch of a similar service for Less-than-Container Load (LCL) shipments, they are now extending the carbon reduction option to Full-Container Load…
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KENYA – President Uhuru Kenyatta of Kenya has launched the operationalization of the first berth of the new Lamu Port, marking a major milestone for the regional US$23 billion Lamu Port-South Sudan-Ethiopia Transport Corridor project (LAPSSET) launched in 2012. When complete, the US$3 billion port will have 32 berths, 29 of which will be financed by the private sector, making…
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EAST AFRICA- Hapag-Lloyd AG, a German international shipping and container transportation company, has entered the East African market with weekly sailings between China, South-East Asia, Kenya and Tanzania. In a statement, the company says it will deploy seven 2,800 TEU vessels to the service, which will arrive in Kenya and Tanzania next week and offer connections to Hapag-Lloyd’s global network.…
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WORLD – German international shipping and container transportation company Hapag-Lloyd and NileDutch, a leading provider of container services to West Africa. have signed a sale and purchase agreement where Hapag-Lloyd acquires all shares of the Dutch container shipping company. “Africa is an important strategic growth market for Hapag-Lloyd. The acquisition of NileDutch strengthens our position in West Africa and will…
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KENYA – Hapag-Lloyd AG, a German international shipping and container transportation company, has opened a new office in Kenya as it continues to grow in Africa. While the shipping giant’s main business will be managed from the port city of Mombasa, the company will also have an office in Nairobi, the country’s capital. Hapag-Lloyd mainly transports agricultural goods out of…
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ANGOLA – DP World, global provider of smart logistics solutions, has entered a 20-year concession agreement with the Angolan government to operate the multi-purpose terminal at the Port of Luanda. The agreement was signed by chairman of Porto de Luanda, António Bengue, and group chairman and CEO of DP World, Sultan Ahmed bin Sulayem. The agreement follows an international process during…
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KENYA – The Port of Mombasa has recorded a rise in the number of ships docking at the facility signifying steady growth following the challenges related to Covid-19 pandemic. The port has witnessed ten ships docking in one day this month. According to the port marine schedule, January 21 registered the highest number of ships arriving at the port since…
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MOZAMBIQUE – The port of Maputo, Mozambique has recorded a 13 percent decline in the amount of cargo handled in 2020 in comparison with the 2019 figure. According to a press release from the Maputo Port Development Company (MPDC), 18.3 million tonnes of cargo was handled by the port in 2020, against 21 million tonnes the previous year. MPDC attributed…
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SOUTH AFRICA – NovaTech, a subsidiary of Grindrond Limited, which trades as Hesper Engineering, a ship repair and general engineering company based in Cape Town, has purchased a 51 percent shareholding in Swift Engineering. Swift Engineering, which will in future trade as SwiftNova Engineering, is a fabrication company servicing the marine, energy and oil and gas sectors in the Mossel…
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