South Africa

US blacklists Chinese, South African companies for Iran oil trade

According to Reuters, the US Department of State identified seven companies that has blacklisted, due to their involvement in Iranian petrochemincals’ transport, marketing and sale. In fact, three of the seven companies are Chinese-based, while another three are in Hong Kong and one in South Africa.

UK and Southern Africa to enhance ocean economy

The Foreign & Commonwealth Office (FCO) and UK Hydrographic Office (UKHO) are collaborating with the Southern Africa and Islands Hydrographic Commission, in order to give a boost to the region’s ocean economy, by establishing new regulations and legislation.

NSPCA applies to court over live export to Kuwait

South Africa’s National Council of SPCAs has launched an urgent application to the High Court aiming to interdict an impending shipping export of live sheep to Kuwait. This comes in light of another live export in October 2019, where sheep were transported to the Middle East in horrendous conditions.

SAMSA disappointed on lack of rapid development

The South African Maritime Safety Authority (SAMSA) expressed its disappointment concerning the slow development of the South African Ship Registry, commenting that it is due to partly lack of common vision and understanding among state entities.

S. Africa highlights possibilities for job creation in maritime

South Africa’s Transport Minister, Fikile Mbalula, during his stay in Colombia for this year’s World Maritime Day Parallel Event 2019, highlighted the high potential for job creation in the country’s maritime sector. In South Africa, part of the reason for the country’s delegation’s attendance of the IMO event is because next year, South Africa will for the first time be the host of the conference.

UNCTAD and COMESA partner to speed up trade

The Common Market for Eastern and Southern Africa (COMESA), one of the continents free trade area, enlisted UNCTAD to enable its goods transportation in the region, as less borders mean that African businesses and consumers could save billions. 

Drewry: More than 40 capesizes to be unemployed in 2019

Drewry reported that due to the latest disaster at the Brazilian mine, Córrego de Feijão, it is possible that the Capesize demand will be decreased by approximately 35-40 vessels in 2019. In a timeframe of one year, one Capesize vessel transfers two million tonnes of iron ore from Hedland to Qingdao, while the same vessel ships just 0.7 million tonnes in a year from Itaqui to Qingdao.

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