South Africa has officially started the process of creating a new national shipping line for the first time in more than 25 years.
The Department of Transport released a public notice on May 30, inviting shipping companies and stakeholders to apply within 30 days to become part of a steering committee that will guide the development of the new state-owned carrier, expected to be named the South African Shipping Company (SASCO).
This is the first concrete step taken to turn a long-discussed plan into reality. The idea of a national shipping line has been discussed for nearly a decade, with policy work starting in 2017 under the Comprehensive Maritime Transport Policy (CMTP).
Now, under the leadership of newly appointed Transport Minister Barbara Creecy, the plan is finally moving forward. According to the Department, the main goal is to help South Africa reduce its overwhelming reliance on foreign shipping lines for moving its
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