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This week’s port operations were mostly hampered by weather-related delays and equipment failures. Due to a communication blunder over the availability of maritime equipment, the Hoegh Shanghai was delayed at Durban, and port operations in the Eastern Cape were hindered by heavy fog and winds. The seven commercial seaports in South Africa will be offering about 100 port land and commercial development lease options, according to TNPA’s announcement this week. This week, there were no noteworthy occurrences on our train network that were reported. Reports this week, however, indicate that while there are occasional problems on the rail lines, they don’t usually have a significant effect on train services.

Key Notes:

  • An average of ~8 838 containers was handled per day, with ~8 724 containers projected for next week.
  • TNPA stats for February: containers: up by ↑23% (m/m) and up by ↑26% (y/y). Total bulk: up by ↑9% (m/m) but down by ↓1% (y/y). Vehicle trade is up by ↑24% (m/m) but down by a massive ↓21% (y/y).
  • Cross-border queue times were ↑0,3 hours (w/w), with transit times ↑3,1 hours (w/w); SA borders increased by ~4,5 hours, averaging ~15 hours (↑43%); Other SADC borders averaged ~9,7 hours (↑43%).
  • Rail cargo handled out of Durban was reported at 2 305 containers, down by ↓5% from last week.
  • Global freight rates have again decreased this week – by ↓3,8% (or $125) to $3 162 per 40-ft container.
  • Global air cargo tonnages have risen by ↑3% and ↑14% the weeks after the ↓11% drop during the LNY.

Port operations – General:

  • Port operations this week were primarily impacted by equipment breakdowns and adverse weather conditions.
  • The Hoegh Shanghai was delayed in Durban due to a communication mishap regarding marine equipment availability, while strong winds and dense fog put a damper on Eastern Cape port operations.
  • This week, TNPA announced the opening up of approximately 100 leasing opportunities for port land and commercial developments at South Africa’s seven commercial seaports. No significant incidents were reported on our rail network this week.
  • However, reports this week suggest that the rail lines are not incident-free, but the incidents that do occur don’t impact train services extensively.

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