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LATEST NEWS
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CMA CGM to invests US$756M in Mombasa Port terminals, boosts Kenya hub
The investment is expected to provide a major boost to the government’s efforts to modernize port facilities along the Kenyan coast.
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Rooso Ramachandran takes EFL Global CEO role, pledges customer focus
The appointment marks a new chapter for EFL as it enters its next phase of growth, with the company emphasizing Ramachandran’s leadership, stability, and long-term vision.
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Hapag-Lloyd opens new office in Benin’s Port of Cotonou, strengthens West Africa presence
Hapag-Lloyd has been serving customers in Benin through its regional network, with Cotonou playing a vital role in connecting West Africa to global trade lanes.
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Fresh Del Monte Q1 sales reach US$1.04B as net income falls to US$10M
Adjusted net income was US$29.9 million, or US$0.63 per diluted share, compared with reported net income of US$10.0 million.
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Tanzania’s Tazara Railway US$1.4B upgrade to support avocado exports, add refrigerated wagons
For fresh produce exporters, the addition of refrigerated wagons would be a game-changer.