Concessions & Investments
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News
Durban truths told
In round one of a legal challenge APMT/Maersk has halted the award of Durban Container Terminal 2 to ICTSI but its 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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Kwinana port plans take shape
Plans for a new container port at Kwinana in Western Australia have been announced by the WA State Government, with operations potentially commencing by the late 2030s.
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News in brief: November/December 2024: Ports & Terminals
A round up of Port Strategy November/December 2024 issue’s Port & Terminal news.
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…and Confirma satisfaction of recent activity
Soren Toft, CEO, MSC, has commented positively about the company’s recent activity.
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CMA CGM makes Morocco move
CMA CGM has confirmed that it has taken a stake in Nador West Med container port in Morocco, located about 120 nautical miles from the Strait of Gibraltar.
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USA: Comprehensive funding for clean ports
In one of the final acts of the outgoing Biden administration in the US, a total of US$3bn has been earmarked for port modernisation projects across 27 US states at 55 different locations.
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News
Durban 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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News
Forth 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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ISLA 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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PSA 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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TT Club names new CEO
Specialist transport and logistics insurer, TT Club, has named its new chief executive
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Green 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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Gambia 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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Dar 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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Baltimore 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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Van Oord Boosts Profit
Global marine construction and dredging specialist, Van Oord, has announced record high revenue…
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APMT 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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Gopalpur Deal
Adani Ports and Special Economic Zone (APSEZ) is acquiring a 95 share in Gopalpur Port…
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News
Port 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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JAXPORT 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…