Finance, Legal & Insurance
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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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NewsKaohsiung Expansion
Taiwan International Ports Corporation, Ltd. (TIPC) is upgrading Kaohsiung Port’s 3rd and 5th Container Terminals and…
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NewsTaylor Acquires Ferrari
Mississippi-based Taylor Group has acquired 85 per cent of the shares in CVS Ferrari.
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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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NewsCeres Rebrand
Seattle-headquartered Carrix has announced that its recent acquisition, Ceres Terminals, is being rebranded as SSA Marine. Carrix completed…
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NewsSerbia Targets Greece
When opening the recent Serbia-Greece business forum, Aleksandar Vucic, President of Serbia…
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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.
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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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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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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.
