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

Global Shipping

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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 27

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Business / Economics

BP pauses all Red Sea shipments after rebel attacks

BP has temporarily halted oil shipments through the Red Sea due to recent attacks by Houthi rebels. According to the BBC, the decision was brought on by the deteriorating security situation and follows similar actions by other freight companies targeted by the rebels in Yemen. The Red Sea is a critical route for global oil, fuel, and consumer goods shipments.

todayDecember 18, 2023 10

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