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Posted: Oct 30, 2024

African Penguin one step away from extinction

Action needed to save the African Penguin

SOUTH AFRICA: Noting the recent reclassification of the African Penguin to critically endangered by International Union for Conservation of Nature (IUCN), the Democratic Alliance (DA) is urging the Department of Forestry, Fisheries and the Environment to accelerate the publishing and implementation of the African Penguin Biodiversity Management Plan which has been in a draft for some years now.

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Posted: Oct 30, 2024

Pilot projects set to reduce GHG in African ports

Pilot projects ready for implementation

Four pilot projects, including two from Africa, to reduce greenhouse gas emissions in ports in Africa and the Caribbean are ready for implementation, following their selection under the IMO CARES Global Technology Challenge which was launched in November last year.

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Posted: Oct 30, 2024

Nigeria determined to join IMO Council

Nigeria is early to the campaign trail

NIGERIA: Attending the 2024 World Maritime Day parallel event in Spain, Nigeria’s Minister of Marine and Blue Economy, Adegboyega Oyetola, used the opportunity to articulate the country’s intention to seek election onto the International Maritime Organisation’s (IMO) council at the next elections.

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Posted: Oct 29, 2024

Oversupply predicted to crash oil price

Global commodity prices set to fall through 2026 amid historic oil glut

Global commodity prices are set to tumble to a five-year low in 2025 amid an oil glut that is so large that it is likely to limit the price effects even of a wider conflict in the Middle East, according to the World Bank’s latest Commodity Markets Outlook. Even so, overall commodity prices will remain 30% higher than they were in the five years before the COVID-19 pandemic.

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Posted: Oct 28, 2024

Less on offer at annual boat show

Decrease in exhibitors at boatica

SOUTH AFRICA: The annual event aimed at showcasing South Africa’s boatbuilding prowess closed yesterday after a full programme of events that sought to attract local marine enthusiasts and promote increased interaction with ocean activities.

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Posted: Oct 28, 2024

Stronger maritime industry drives resilient, sustainable trade

Africa makes strides in port performance

The latest Review of Maritime Transport released last week highlights several bright spots across Africa’s shipping sector with port calls by container increasing by 20% between 2018 and the first half of 2023.

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Posted: Oct 28, 2024

Powering growth through investment

New battery facility opened

SOUTH AFRICA: Representing an investment of some R150 million, Balancell officially opened their new state-of-the-art Gigafactory in Ndabeni, Cape Town with a ribbon-cutting ceremony by Deputy Minister of Trade Industry and Competition Andrew Whitfield.

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Posted: Oct 27, 2024

Tackling fisheries governance in the Gulf of Guinea

Training workshop builds capacity

REPUBLIC OF CONGO: Illegal fishing, inadequate management frameworks, and a lack of cooperation among national agencies continue to thwart sustainable fisheries governance in the Gulf of Guinea, but a training workshop held this week aimed to enhance the capabilities of environmental officials.

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