Transnet recently issued a statement advising that it will not be providing a weighing service to shippers in Port.
Continue readingSouth Africa: Introducing Blockchain
Blockchain technology is highly diverse and can be applied in instances. It’s known as the technology that underpins and facilitates Bitcoin.
Continue readingSouth Africa: Shipwreck treasure – who gets the loot?
Ever wandered along the Durban beachfront with a metal detector hoping to strike it lucky? Or dived down to an old wreck hoping to discover a treasure trove? With South Africa’s history of some 3 000 wrecks along our treacherous coastline, such hopes are not outside the realm of possibility and raise various issues in regard to ownership, possession, access to the vessel and treasure, as well as concerns over preservation and tax or duty payable on the treasure found.
Continue readingSouth Africa: An overview of lending and taking security
The lending market in South Africa has seen renewed activity with a number of private equity buyouts and corporate action by bank-lending.
Continue readingSouth Africa: Guidelines issued for implementation of container weight verifications
The SAMSA has issued Marine Notice No 18 of 2016, providing guidelines for the implementation of container weight verifications.
Continue readingSouth Africa: Government buzz words and what they mean for the ocean economy
The National Development Plan 2030 recognises the potential for developing the ocean economy, noting SA’s coastline on a shipping route.
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