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![Image of FPSO unit](https://cisp.cachefly.net//assets/articles/images/resized/0001140172_resized_offshorerigandship.jpeg) |
Sépia-2 oil development, Brazil
Published: 28 Jun 24
The project proposes to build a new floating production storage and offloading unit in the Presalt Santos basin.
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![Image of FPSO unit](https://cisp.cachefly.net//assets/articles/images/resized/0001140165_resized_fpso2.png) |
Atapu-2 oil development, Brazil
Published: 28 Jun 24
The project partners propose to build a floating production storage and offloading unit in the Presalt Santos basin off the shore of Brazil.
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Yes, there are problems at SA ports, but World Bank report not entirely accurate – SAAFF
Published: 28 Jun 24
The newest World Bank Container Port Performance Index (CPPI) report, which places a number of South African ports at the bottom of the list, covers the crisis-ridden 2023 period, and does not take into account the corrective action taken since Transnet has been under new management as part of a recovery and transformation strategy, says Southern African Association of Freight Forwarders (SAAFF) CEO Dr Juanita Maree. “To contextualise, this was a period at the height of the crisis.
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Cape Town calls for private-sector intervention as port ranks worst in the world
Published: 28 Jun 24
According to the newly published World Bank Container Port Performance Index, compiled from 2023 data, the Port of Cape Town is the worst performing port in the world. It is joined in the bottom 16 of the 405-strong list of container ports by Durban, Ngqura and Port Elizabeth (Transnet still refers to the port by this name).
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