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


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

Corp - Ports 661 Corp - Shipping 608 Mode - Containerized 1005 Mode - Seaborne 1273 South Africa 38 U.S. 3297

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 – 4.88 m...

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