Concessions & Investments – Page 2
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Serbia Targets Greece
When opening the recent Serbia-Greece business forum, Aleksandar Vucic, President of Serbia…
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MSC – 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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Sri 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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Wind 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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A 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.
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FourKites names new CFO
Supply chain visibility provider FourKites has appointed a new chief financial officer
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JNPT-PSA deal for MSC?
Mediterranean Shipping Co. (MSC) could potentially take a minority stake in a new PSA International terminal at Nhava Sheva Port (JNPT) in India.
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Aberdeen Support
The Port of Aberdeen has been awarded funding by the UK Government to design and deliver…
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Dongwon Secures Funds
Dongwon Group, a major South Korean logistics and deep-sea fishing company, has secured US$280 million in financing from KDB Smart Ocean Infrastructure…
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Shore Power Spend
Norwegian government enterprise, Enova, has confirmed it is investing NOK64 million (€5.5 million) in shore…
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Job losses likely at Port of Liverpool
Job losses are on the cards at the Port of Liverpool following a prolonged fall in container volumes
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Marine insurers issue EV fire guidance
Research by the International Union of Marine Insurance finds that EV fires are no more frequent than those in ICE vehicles
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High noon for Adani…
As PS goes to press, the release of the findings of the Securities and Exchange Board of India (SEBI) into accusations…
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More public sector Dollars
The rapid escalation in container ship size presents challenges, especially in an era of strong inflation. More public sector support can facilitate going beyond doing the minimum and being ready to capitalise on the new opportunities round the corner. Mike Mundy presents the facts
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NOLA Funding Boost
A new container terminal project being planned by the Port of New Orleans (NOLA) has had funding…
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Konecranes Upbeat for 2023
Despite the fragility of supply chains globally, Konecranes is predicting it will see increases in net sales in 2023.
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Cargotec changes board following Kalmar split
Cargotec has proposed a number of board changes following the decision to partially demerge its Kalmar cargo handling business
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Revenue up 10% at ICTS in Q2 2023
International Container Terminal Service has reported revenue from port operations in Q2 2023 of US$1.16 billion