Concessions & Investments
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NewsDurban truths told
In round one of a legal challenge APMT/Maersk has halted the award of Durban Container Terminal 2 to ICTSI but it is not over yet with ICTSI telling some home truths and identifying the solvency issue at the heart of APMT’s challenge as irrational
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NewsForth Green Freeport submits funding request
Forth Green Freeport has submitted its business case for £25 million seed funding to boost investment, job creation and decarbonisation in Scotland
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NewsISLA acquires EST for expansion
ISLA has acquired all shares in EST, a Sicilian stevedoring company, to enhance its logistics services and support growth strategy
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NewsPSA Baltics acquires 85% stake in Loconi
The acquisition of an 85% stake in Loconi will support PSA’s European container hubs and promote a shift from road to rail
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NewsTT Club names new CEO
Specialist transport and logistics insurer, TT Club, has named its new chief executive
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NewsGreen levers in concessions?
Is there room for ‘green levers’ in port concession arrangements? The pros and cons are examined here drawing on the ideas discussed at a recent WAPPP roundtable
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NewsGambia seals port deal
The Government of Gambia has signed a 30-year concession with the Turkish port operator Albayrak which signposts future port development in the West African nation.
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NewsDar es Salaam – big questions to answer
Serious questions have surfaced regarding the award to Adani Ports of the concession to operate the Dar es Salaam Container Terminal, Tanzania International Container Terminal Services (TICTS).
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NewsBaltimore Bridge collapse could lead to cargo claims
A UK-based insurance facilitator has warned that delays caused by the Baltimore Bridge collapse could lead to claims for spoiled and delayed cargo
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NewsVan Oord Boosts Profit
Global marine construction and dredging specialist, Van Oord, has announced record high revenue…
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NewsAPMT Durban action sparks motivation questions
At the beginning of April local newspapers in Durban including Business Day carried a story announcing a legal challenge by APM Terminals (APMT), part of the Maersk group, to the confirmed award by Transnet of the Durban Container Terminal (DCT) Pier 2 concession to International Container Terminal Services Inc.
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NewsGopalpur Deal
Adani Ports and Special Economic Zone (APSEZ) is acquiring a 95 share in Gopalpur Port…
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NewsPort Auctions Coming
The National Water Transportation Agency (ANTAQ) in Brazil is planning to hold 19 port auctions in 2024, which is expected to generate…
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NewsJAXPORT Deal Done
JAXPORT has approved a 30-year agreement with US marine terminal and logistics company Enstructure for the lease and development of 79-acres of waterfront…
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NewsSerbia Targets Greece
When opening the recent Serbia-Greece business forum, Aleksandar Vucic, President of Serbia…
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NewsMSC – HHLA transaction on course to close 2nd quarter 2024
It might have provoked a negative reaction from certain members of the Hamburg establishment – Hapag Lloyd, Eurokai Group and Kuehne & Nagel for example – but MSC’s audacious bid to buy into Hamburg terminal operator HHLA looks to be right on track at the time of writing.
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NewsSri lanka terminal receives US DFC half a billion loan
The US International Development Finance Corporation (DFC) has confirmed it is committing US$553 million to support a new deepwater shipping container terminal at the Port of Colombo, Sri Lanka.
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NewsWind Award in NJ
A total of almost US$52.5 million from the Port Infrastructure Development Program has been awarded to the Port Authority of New York and…
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NewsA game changer?
Shipping lines are stepping-up investment in key European ports. The regulators have focused on liner and stevedore market shares. Are they behind the game and what is in the true interests of a competitive port sector? Andrew Penfold looks at these emerging issues.
