CMA CGM, Maersk and Cosco dominate most lucrative China-Africa shipping route
Trends in the price of maritime container transport are tracked by the Shanghai Containerized Freight Index (SCFI). It measures daily freight rates, based on the price of transporting a container out of China.
16/09/2020 at 14h47, by Africa Business+
China is the world’s largest market for the major container shipping companies, accounting for over 40% of their volume.
Recommended articles
Logistics
22/11/2022 at 21h22, by Africa Business+
Why Maersk, Hutchison, Evergreen, CMA CGM and Hapag-Lloyd are expanding port projects in Egypt
With the latest announcement – the extension of the large container terminal of Port-Saïd operated by...
Logistics
26/04/2022 at 16h37, by Africa Business+
Amdi Krogh appointed chairman of Maersk Côte d’Ivoire
As the industry faces increased competition, the board of the Ivory Coast subsidiary has named a new...
Maritime transport
01/04/2022 at 11h05, by Africa Business+
Stephen Griffiths appointed interim CEO of Grindrod Shipping Holdings
The South African will take on the role of managing director and chief financial officer of the shipping...
Maritime transport
10/01/2022 at 18h35, by Africa Business+
Abidjan Container Terminal: operation postponed to end 2022
The new port infrastructure, requiring an investment of some €400 million, was due to be inaugurated...
Maritime transport
23/03/2021 at 17h01, by Africa Business+
West Africa: Hapag-Lloyd ahead of Cosco and Pil thanks to NileDutch acquisition
German Hapag-Lloyd’s acquisition of the Dutch company also allows the world No.5 in containers to close...
Logistics
19/03/2021 at 17h24, by Africa Business+
Paul Haéri replaced by a triumvirate to manage CMA-CGM/Ceva Logistique in Africa
The former Africa Director’s move to Australia to supervise the Oceania zone has seen an internal reorganization...