Boks’ Box Handling Heading Higher Again, Attracting New Liner Services — Panjiva
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Boks’ Box Handling Heading Higher Again, Attracting New Liner Services

Corp - Ports 910 Corp - Shipping 1027 Mode - Containerized 1524 Mode - Seaborne 1845 South Africa 51 U.S. 5400

Container handling through Transnet’s ports in South Africa returned to growth in October, with an 11.3% rise on a year earlier vs. a 0.1% drop seen in the third quarter. Growth over the longer-term has been robust, with a 7.8% increase in the 12 months to Oct. 31 vs. just 0.9% for all cargo due to poor performance from commodity exports. The expansion of demand for shipping is leading container-lines to offer new services such as ONE’s joint offering with Hapag-Lloyd from Asia to Latin America via South Africa. That process may be limited though by market size – 4.8...

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