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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Cape of Good Hope

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Business / Economics

Transnet confirms no container vessels at SA ports as shipping lines divert

South Africa’s Transnet has confirmed that no container vessels are expected to anchor at SA ports, despite major shipping lines rerouting their vessels via the Cape of Good Hope route due to rebel attacks in the Red Sea region. According to CNN, some 100 ships have been attacked in the last month—about 15 percent of world shipping traffic transits via the Suez Canal.

todayDecember 21, 2023 25

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Business / Economics

Houthi attacks disrupt Red Sea shipping

Analysts warn that recent attacks on commercial ships in the Red Sea by Houthi rebels may raise oil and goods prices. Companies, including Maersk, are diverting shipments via Africa's Cape of Good Hope to avoid the affected route, causing potential delays, as explained by Guy Platten from the International Chamber of Shipping. Meanwhile, the BBC reports that the disruption has led the United States to launch an international naval operation […]

todayDecember 19, 2023 34

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