RWANDA: The Fund for Export Development in Africa (FEDA), the development impact investment arm of African Export-Import Bank (Afreximbank)  has announced a strategic investment in Team Drogba, competing in the inaugural E1 Series, the world’s first-ever all-electric boat racing championship.

SOUTH AFRICA: Transnet National Ports Authority has taken delivery of six more hydraulic shore tension units which are due to be installed in the ports of Cape Town and Ngqura, bringing to 12 of the 52 units ordered in September last year.

Underwriters are becoming more cautious in their dealings with vessels traversing high-risk regions and the Red Sea as well as other conflict zones are impacting on risk assessments for hull underwriters.

SOUTH AFRICA: Introduced to the National Assembly in May last year, the Merchant Shipping Act has been published by the Minister of Transport for comment.

SEYCHELLES: Four new harbour pilots received their epaulettes in a recent ceremony to mark the successful completion of critical phase of their training to becoming Harbour Pilots with Limitations.

SOUTH AFRICA: With a history dating back to 1949, Seascape Marine Services is celebrating a 75-year milestone this year marking a journey of resilience and adaptation that saw the company develop out of its origins within Industrial Machinery Supplies (Pty) Ltd (IMS), an entity established by Conart Holdings which was founded as an agent for German companies, with MAN Diesel Engines being a key partner.

SOUTH AFRICA: As South Africa sets out on its journey to develop its own National Action Plan for decarbonisation, experts are calling for the substantial costs of implementing the infrastructure and other obstacles to be shared across the export/import value chain.

SOUTH AFRICA: The Deputy Minister of Forestry, Fisheries and the Environment, Narend Singh reaffirmed the government’s commitment to prioritise the aquaculture sector as well as the need to focus on technology and market demands during his address at the opening of the 15^th Aquaculture Association of South Africa Conference in Stellenbosch.