Namibia bets on Africa’s green hydrogen with US$267M export harbour

Namibia bets on Africa’s green hydrogen with US$267M export harbour

By Seth Onyango, bird story agency Namibia is gearing up its logistics infrastructure to handle future shipments of green hydrogen, with a planned US$267 million hydrogen harbour at the port of Walvis Bay, according to the country's port authority, Namport. Port of Antwerp Bruges will build the facility over the next three years, billed as a hub for shipping hydrogen and its byproducts to energy-hungry markets in […]

May 6, 2024 34

Business / Economics

World oil demand grows amid Red Sea shipping disruptions: IEA

Global oil demand is forecast to grow more than expected due to a brighter US economic outlook and rising fuel needs of ships rerouted away from the Red Sea, the International Energy Agency said Thursday. Commercial ships have been taking longer and costlier journeys around the southern tip of Africa to avoid attacks by Yemen's Huthi rebels in the Red Sea, a vital international trade route. The […]

March 14, 2024 16

Business / Economics

The Alexforbes Lead Story – 1 February

David speaks to Ulrich Hansen from WinWin Namibia about their marketing campaign for Namport and how recent developments in the shipping industry will impact both them and their client going forward. https://iono.fm/e/1401496

February 2, 2024 16

World

Global shipping “not in crisis” just yet, says the UN

Consumers may be faced with higher food prices due to delays along the world's major shipping corridors. Speaking at the United Nations on Thursday, Jan Hoffmann the Chief of Trade Facilitation said three of the world's shipping lanes have seen major decreases in traffic. Hoffman's briefing comes as attacks on shipping vessels by Houthi militia in the Red Sea continue unabated. Jody Jacobs reports from the UN in New York.

January 26, 2024 4

Opinion Pieces

Give Peace a Chance in Yemen Despite Regional Violence

A screen grab of a Houthi video capturing the militia’s seizure of the Galaxy Leader cargo ship in the Red Sea, Nov. 19, 2023. The Houthis still control the ship. As violence between the rebels and certain Western countries rises, the author writes that the Omani-led peace deal for Yemen is still viable. EMILY SCHRADER/TWITTER By Arwa Mokdad via PassBlue The relentless bombardment in Gaza by Israel Defense Forces is […]

January 18, 2024 5

World

US, UK strikes pound Yemen rebels, adding to fears of wider war

US and British forces struck rebel-held Yemen early on Friday after weeks of disruptive attacks on Red Sea shipping by the Iran-backed Huthis who say they act in solidarity with Gaza. The pre-dawn air strikes add to escalating fears of wider conflict in the region, where violence involving Tehran-aligned groups in Yemen as well as Lebanon, Iraq and Syria has surged since the Israel-Hamas was began in early October. Iran […]

January 12, 2024 7

Africa

bird TenX: 10 of Africa’s major ports in race for greater share of global trade

By Conrad Onyango, via bird story agency The opening of Nigeria’s 'game-changing' billion-dollar deepwater seaport in Lekki, in early 2023, together with other ongoing and upcoming projects around the continent reflects an increasingly competitive race for the top shipping hub slots in Africa. Currently, a host of other major multi-billion dollar investments geared towards improving existing infrastructure or putting up new ports are ongoing in countries including South Africa, Morocco, […]

December 12, 2023 14

Namibia

Namibia becomes first African country to partner with marine decarbonisation body

Namibia has become the first African country to sign a Letter of Intent with the Denmark-based independent research and development Maersk McKinney Moller Center for Zero Carbon Shipping. With the center looking to drive the sustainable decarbonisation of the maritime industry by 2050 Green Hydrogen Commissioner, James Mnyupe, explains what it will mean for Namibia.

December 5, 2023 20