Containers are up by +3% this week; air cargo is down by -0.2%
Good morning, colleagues and interested parties
We are sharing the latest version of the cargo report.
The following highlights are worth noting:
1. World Bank CPPI 2025:
a) The latest World Bank/S&P Global CPPI 2025 shows mixed results for South Africa: Port Elizabeth ranked 314th globally, Ngqura 380th, Durban 398th, and Cape Town 400th.
b) Durban, Ngqura and Port Elizabeth were among the strongest y/y global improvers, but all four South African ports still recorded negative CPPI scores, indicating that recovery remains from a weak base.
c) NB: The CPPI is a useful vessel-time-in-port indicator, but not a whole-system port logistics measure; SAAFF therefore reiterates the need for structured data-sharing across vessels, terminals, rail, road, dwell time, cost and reliability to build a credible national port-and-corridor performance framework.
2. Global shipping update:
a) The Strait of Hormuz/Iran conflict still creating restricted, high-risk passage and wider uncertainty across Gulf-linked energy and shipping corridors
b) MSC reached a record 21.5% share of global operated container capacity, widening the gap with Maersk, whose market share fell to 13.7%
c) Drewry’s “World Container Index” continued its march and surged by +23% (w/w) to $3,433/40ft.
