Finance, Legal & Insurance
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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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NewsFourKites names new CFO
Supply chain visibility provider FourKites has appointed a new chief financial officer
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NewsAberdeen Support
The Port of Aberdeen has been awarded funding by the UK Government to design and deliver…
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NewsJNPT-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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NewsDongwon 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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NewsShore Power Spend
Norwegian government enterprise, Enova, has confirmed it is investing NOK64 million (€5.5 million) in shore…
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NewsJob 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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NewsMarine 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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NewsHigh 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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NewsKonecranes 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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NewsMore 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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NewsETS: trade diversion risk?
In April 2023 the European Parliament approved legislation to include maritime shipping emissions under the EU Emission Trading System (ETS). In this article Royal HaskoningDHV explores the potential risk of shifting trade routes to ports outside Europe to avoid ETS related costs
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NewsCargotec 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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NewsRevenue 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
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NewsShippers urged to proactively reduce demurrage
Shipping companies are being urged to proactively adopt best practices to reduce the costs and risks of demurrage
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NewsTT Club bolsters team with new appointments
TT Club has made to new appointments to its Loss Prevention team to help bolster its risk management service
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NewsSAAM completes terminal and logistics sale
SAAM has completed the sale of its port terminals and logistics operations to allow it to focus on its towage business
