Sharjah-based Gulftainer is expected to record a volume increase of 30 percent in 2013. The group is continuing to expand its global footprint, with the June takeover of the Gulf Stevedoring Contracting Company (GSCCO) in Saudi Arabia acting as the major driver.
Generally speaking, there is no argument that Africa needs industrialization to provide jobs, reduce poverty and improve economies. Also, that it needs overseas investment for this to happen, and that China is in a good position to provide it.
Adopt proven strategies to analyse and mitigate end-to-end supply chain risks to capture value, reduce vulnerability and ensure continuity for 2020 & beyond
In his 1999 book, "Business at the Speed of Thought", Bill Gates wrote: "How you gather, manage and use information will determine whether you win or lose." The book may be more than 10 years old, but this statement has never been more relevant to today's complex supply chain environment in South Africa.
The balance of world economic growth is tipping in another direction. Just as economists have begun lowering their forecasts for China and many other developing economies, the American economy is bouncing back. Japan appears to have turned a corner and is ending almost two decades of grinding deflation. Economic data out of Europe on Wednesday provided the first solid indication that many countries in the euro zone may be escaping the clutches of recession.
Saudia Airlines Cargo Co. is launching OK-2-KSA, an online tool designed to help shippers obtain approvals for the importation of five types of goods by air into Saudi Arabia.
The latest issue of Drewry's Container Insight Weekly includes an analysis of how a Suez Canal closure would affect the container industry. Were social unrest in Egypt to disrupt shipping through the waterway, Drewry's concludes that there are enough vessels to move goods around Africa.