Now the country depends on foreign governments and private companies

South Africa will create its own national shipping company, this is stated on the website of the country’s Ministry of Transport. “Since Maersk acquired the South African shipping line Safmarine, South Africa has been left without a national carrier.

The delivery of our main import and export goods is mainly dependent on foreign governments and companies, and this may not be able to protect the country from disruptions in the supply chain, especially during natural disasters or international conflicts,” the ministry said. Transport of South Africa noted that now it is the only country that is part of the BRICS and does not have its own ships. The agency has already drafted a law on the shipping company and is currently consulting on its implementation. The shipping company is expected to own and operate its own fleet, as well as interact with local logistics services.

Now the country depends on foreign countries and companies

South Africa will create its own national shipping company, this is stated on the website of the country’s Ministry of Transport.

“Since Maersk acquired the South African shipping line Safmarine, South Africa has been left without a national carrier. The delivery of our main imports and exports is largely dependent on foreign governments and companies, and this may not be able to protect the country from supply chain disruptions, especially during natural disasters or international conflicts.

At the same time, the Ministry of Transport of South Africa noted that now it is the only country that is part of the BRICS and does not have its own ships. The agency has already developed a draft law on the shipping company and is now consulting on its implementation.

The shipping company is expected to own and operate its own fleet, as well as interact with local logistics services. The South African Shipping Company (SASCO) will handle bunkering, tankers, container shipping, coasting, export-import cargo. Funds for the creation of a national carrier will be allocated by the Industrial Development Fund and the government of the country.