Finance, Legal & Insurance

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    News

    Dar es Salaam – big questions to answer

    2024-05-30T12:00:00Z

    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

    2024-04-19T12:59:00Z

    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

    2024-04-19T11:00:00Z

    Global marine construction and dredging specialist, Van Oord, has announced record high revenue…

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    APMT Durban action sparks motivation questions

    2024-04-19T11:00:00Z

    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

    2024-04-19T11:00:00Z

    Adani Ports and Special Economic Zone (APSEZ) is acquiring a 95 share in Gopalpur Port…

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    Kaohsiung Expansion

    2024-04-19T11:00:00Z

    Taiwan International Ports Corporation, Ltd. (TIPC) is upgrading Kaohsiung Port’s 3rd and 5th Container Terminals and…

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    Taylor Acquires Ferrari

    2024-02-27T12:00:00Z

    Mississippi-based Taylor Group has acquired 85 per cent of the shares in CVS Ferrari.

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    Port Auctions Coming

    2024-02-27T12:00:00Z

    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

    2024-02-27T12:00:00Z

    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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    Ceres Rebrand

    2024-02-27T12:00:00Z

    Seattle-headquartered Carrix has announced that its recent acquisition, Ceres Terminals, is being rebranded as SSA Marine. Carrix completed…

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    Serbia Targets Greece

    2024-02-27T12:00:00Z

    When opening the recent Serbia-Greece business forum, Aleksandar Vucic, President of Serbia…

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    AFC Exits

    2023-11-24T12:00:00Z

    Africa Finance Corporation (AFC) has disposed of its 35 per cent equity investment in Atlantic Terminal Services Limited…

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    Sri lanka terminal receives US DFC half a billion loan

    2023-11-24T12:00:00Z

    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

    2023-11-24T12:00:00Z

    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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    News

    A game changer?

    2023-11-24T12:00:00Z

    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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    MSC – HHLA transaction on course to close 2nd quarter 2024

    2023-11-24T12:00:00Z

    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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    APMT names new COO

    2023-11-01T15:17:00Z

    APM Terminals has appointed a new chief operating officer

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    FourKites names new CFO

    2023-11-01T15:14:00Z

    Supply chain visibility provider FourKites has appointed a new chief financial officer

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    JNPT-PSA deal for MSC?

    2023-10-09T16:31:00Z

    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

    2023-10-09T16:31:00Z

    The Port of Aberdeen has been awarded funding by the UK Government to design and deliver…