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Posted: Aug 29, 2024

Solar powered abalone farming likely to shell out rewards

Sustainable aquaculture development

SOUTH AFRICA:  Having initiated the construction of a solar system in November last year, Aqunion is currently undertaking testing ahead of commissioning the solution which aims to combat the rising cost of electricity and mitigate threats of loadshedding.  

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Posted: Aug 27, 2024

Moratorium on longline vessels extended ahead of fleet management plan

Seychelles to develop national plan for fleet capacity management

SEYCHELLES: The decision to extend the moratorium on chartering and importing small-scale longline fishing vessels for a further two years was approved at last week’s Cabinet meeting.

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Posted: Aug 27, 2024

Reducing offshore supply fleet emissions

Reducing fuel consumption and GHG emissions

ANGOLA: Azule Energy, Angola’s largest independent energy company, has embarked on a project to reduce fuel consumption and greenhouse gas (GHG) emissions from its Offshore Supply Vessel (OSV) fleet by up to 10 percent.

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Posted: Aug 27, 2024

Sustained performance for logistics company

Grindrod Limited performance is driven by core operations

SOUTH AFRICA: Grindrod Limited (Grindrod), a JSE-listed freight logistics company, has reported a sustained performance driven by its core operations for the six months ended 30 June 2024.

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Posted: Aug 27, 2024

Strong demand for wild caught fish buoys performance

Sea Harvest Group posts revenue increase

SOUTH AFRICA: Benefiting from improved pricing and strong demand in wild-caught fish, the Sea Harvest Group has recorded a three percent revenue increase to R3.3 billion over the last six months.

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Posted: Aug 26, 2024

Oil tanker launched to operate on Lake Victoria

Local build overseen by Indian Register of Shipping

UGANDA: The double hulled oil tanker, MT Elgon, was successfully delivered to take up operations on Lake Victoria this month to service Uganda, Kenya, Rwanda, and Tanzania.

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Posted: Aug 26, 2024

Transnet assigned to the Department of Transport

SOEs assigned to new government departments

SOUTH AFRICA: Transnet has been assigned to the Department of Transport, following the removal of the Department of Public Enterprises from government structures in the new administration.

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Posted: Aug 22, 2024

Hospital ship arrives for humanitarian exercise

Chinese hospital ship visits Port of Cape Town

SOUTH AFRICA: The Chinese hospital ship, Peace Ark, is visiting the Port of Cape Town for a week to undertake a joint national and interdepartmental exercise for humanitarian medical service between People’s Republic of China and Republic of South Africa.

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