Logistics Update Africa (LUA) is a bi-monthly trade magazine that brings the most credible news, views and stories of and from Africa about the continent’s vibrant and evolving transport and logistics industries.
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- DP World reported a 10 percent increase in revenue for the year ended 31 December 2024 at $20 billion, mainly due to improved performance from ports and terminals and contributions from new acquisitions and concessions.
#DPWorld #Shipping #revenue #cargo #aircargoDP World reported a 10 percent increase in revenue for the year ended 31 December 2024 at $20 billion, mainly due to improved performance from ports and terminals and contributions from new acquisitions and concessions. #DPWorld #Shipping #revenue #cargo #aircargoWWW.LOGUPDATEAFRICA.COMDP World reports record revenue of $20 billion for 2024Profit declined marginally (two percent) to $1.48 billion from $1.51 billion in 2023.0 Comments 0 SharesPlease log in to like, share and comment! - Savannah on the U.S. East Coast has emerged as the most congested port, with container ships waiting an average of 91.6 hours.
#Beacon #Savannah #HongKong #Shanghai #EastAsia #shipping #containershipsSavannah on the U.S. East Coast has emerged as the most congested port, with container ships waiting an average of 91.6 hours. #Beacon #Savannah #HongKong #Shanghai #EastAsia #shipping #containershipsWWW.LOGUPDATEAFRICA.COMSavannah most congested port: Beacon"Sub-Saharan Africa leads in overall congestion while East Asia demonstrates the best operational efficiency."0 Comments 0 Shares - Uncertainty looms over future trade policies following U.S. President Donald Trump's re-election last year but the DHL Trade Atlas 2025 highlights how global trade growth has proven surprisingly resilient in the face of recent disruptions.
#DHLTradeAtlas2025 #DHL #NewYorkUniversitySternSchoolofBusiness #US #Africa #LatinAmerica #DonaldTrump #globaltradeUncertainty looms over future trade policies following U.S. President Donald Trump's re-election last year but the DHL Trade Atlas 2025 highlights how global trade growth has proven surprisingly resilient in the face of recent disruptions. #DHLTradeAtlas2025 #DHL #NewYorkUniversitySternSchoolofBusiness #US #Africa #LatinAmerica #DonaldTrump #globaltradeWWW.LOGUPDATEAFRICA.COMGlobal trade to grow despite U.S. policy shifts: DHL Trade Atlas 2025Countries with the fastest projected trade growth also include several in Africa and Latin America.0 Comments 0 Shares - Congo Terminal, a subsidiary of Africa Global Logistics (AGL), has signed a €230 million (150.88 billion CFA francs) financing agreement for the expansion of the Container Terminal at the Autonomous Port of Pointe-Noire (PAPN). The financing will support the construction of a 750-metre quay with a depth of 17 metres and a surface area of 28 hectares by 2027. The total cost of the three-year expansion project is €361 million.
#CongoTerminal #PointeNoire #AGL #APMTerminals #shippingCongo Terminal, a subsidiary of Africa Global Logistics (AGL), has signed a €230 million (150.88 billion CFA francs) financing agreement for the expansion of the Container Terminal at the Autonomous Port of Pointe-Noire (PAPN). The financing will support the construction of a 750-metre quay with a depth of 17 metres and a surface area of 28 hectares by 2027. The total cost of the three-year expansion project is €361 million. #CongoTerminal #PointeNoire #AGL #APMTerminals #shippingWWW.LOGUPDATEAFRICA.COMCongo Terminal secures financing for expansion at Pointe-Noire PortThe financing will support the construction of a 750-metre quay by 2027.0 Comments 0 Shares - Israeli carrier ZIM reported a net income of $2.15 billion for the full year 2024 as against a loss of $2.7 billion in 2023 on higher volume and freight rates.
#ZIM #Israeli #freightrates #ZIMreports2024 #ShippingIsraeli carrier ZIM reported a net income of $2.15 billion for the full year 2024 as against a loss of $2.7 billion in 2023 on higher volume and freight rates. #ZIM #Israeli #freightrates #ZIMreports2024 #ShippingWWW.LOGUPDATEAFRICA.COMZIM reports 2024 net income of $2.15bn, revenue up 63%While volume carried increased 14% to 3.7 million TEUs, average freight rate was up 57% at $1,888 per TEU.0 Comments 0 Shares - Hanseatic Global Terminals (HGT), the terminal operations division of German carrier Hapag-Lloyd, completed the acquisition of 60 percent stake in CNMP LH from Seafrigo Group.
#HanseaticGlobalTerminals #HGT #CNMPLH #Atlantiquecontainerterminal #LeHavre #France #SeafrigoGroup #HapagLloyd #ShippingHanseatic Global Terminals (HGT), the terminal operations division of German carrier Hapag-Lloyd, completed the acquisition of 60 percent stake in CNMP LH from Seafrigo Group. #HanseaticGlobalTerminals #HGT #CNMPLH #Atlantiquecontainerterminal #LeHavre #France #SeafrigoGroup #HapagLloyd #ShippingWWW.LOGUPDATEAFRICA.COMHanseatic completes acquisition of majority stake in CNMPExpansion of terminal portfolio and strengthening of competitive position in France for Hapag’s terminal operations.0 Comments 0 Shares - MSC recently scheduled the deployment of 23,000+ TEU vessels on their Asia-WAF Africa Express service.
#Africa #MSC #SeaIntelligence #Asia #WestAfrica #trades #shippingMSC recently scheduled the deployment of 23,000+ TEU vessels on their Asia-WAF Africa Express service. #Africa #MSC #SeaIntelligence #Asia #WestAfrica #trades #shippingWWW.LOGUPDATEAFRICA.COMIs Africa the next major expansion point for container shipping?Out of 26 vessels of 15,000 TEU and above deployed on trades connecting to West Africa, 22 were operated by MSC.0 Comments 0 Shares - Nairobi is Africa’s key perishables gateway, but rising freight costs, capacity constraints, and infrastructure gaps threaten its dominance. With the right investments and collaboration, it can solidify its position as a global logistics powerhouse. The question is—will it act in time?
#FreshFlowLogistics #ShippersCouncilofEasternAfrica #FreshProduceConsortiumofKenya #FPCKenya #FreshProduceExportersAssociationofKenya #FPEAK #logisticsNairobi is Africa’s key perishables gateway, but rising freight costs, capacity constraints, and infrastructure gaps threaten its dominance. With the right investments and collaboration, it can solidify its position as a global logistics powerhouse. The question is—will it act in time? #FreshFlowLogistics #ShippersCouncilofEasternAfrica #FreshProduceConsortiumofKenya #FPCKenya #FreshProduceExportersAssociationofKenya #FPEAK #logisticsWWW.LOGUPDATEAFRICA.COMCompetition isn’t waiting, neither should NairobiNairobi is Africa’s key perishables gateway, but rising freight costs, capacity constraints, and infrastructure gaps threaten its dominance. With the right investments and collaboration, it can...0 Comments 0 Shares - CMA CGM Group announced a $20 billion investment to contribute to the U.S. maritime economy and support the transformation of America’s domestic supply chain over the next four years.
#CMACGMGroup #America #US #CMACGMAirCargo #AmericanPresidentLines #APL #Chicago #shipping #shipbuildingCMA CGM Group announced a $20 billion investment to contribute to the U.S. maritime economy and support the transformation of America’s domestic supply chain over the next four years. #CMACGMGroup #America #US #CMACGMAirCargo #AmericanPresidentLines #APL #Chicago #shipping #shipbuildingWWW.LOGUPDATEAFRICA.COMCMA CGM Group announces $20 billion investment in America over 4 yearsCommitment will foster U.S. shipbuilding capabilities, expand port infrastructure and develop air cargo services.0 Comments 0 Shares - The announcement on March 4, 2025 that CK Hutchison would be selling its 80 percent stake in Hutchison Ports Holding to a BlackRock-Terminal Investment (TiL) consortium is set to rocket MSC to the top of Drewry’s Global Terminal Operator (GTO) league table.
#MSC #BlackRock #TerminalInvestment #CKHutchison #HutchisonPortsHolding #Panama #shipping #GTOThe announcement on March 4, 2025 that CK Hutchison would be selling its 80 percent stake in Hutchison Ports Holding to a BlackRock-Terminal Investment (TiL) consortium is set to rocket MSC to the top of Drewry’s Global Terminal Operator (GTO) league table. #MSC #BlackRock #TerminalInvestment #CKHutchison #HutchisonPortsHolding #Panama #shipping #GTOWWW.LOGUPDATEAFRICA.COMMSC set to rocket to top of terminal operator tableDrewry is expecting the $22.8bn BlackRock-TiL-CK Hutchison deal to trigger divestments to meet needs of regulators.0 Comments 0 Shares
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