Finance, Legal & Insurance – Page 2
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NewsRSGT expands its Red Sea terminal operations
The operator has signed strategic Build-Operate-Transfer (BOT) agreements with the Saudi Ports Authority (Mawani)
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NewsABP secures Grimsby seafood hub
ABP has taken over the lease of Grimsby Seafood Village, boosting the UK’s food supply resilience
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NewsInvestor sought for key Moldovan port
A global tender aims to attract new investment for Moldova’s Giurgiulești International Free Port (GIFP)
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NewsDrewry reflects on CK Hutchison’s ports business sale
The $22.8bn deal includes 43 ports across 23 countries, excluding terminals in Mainland China and Hong Kong
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NewsLynxis bags TEDIVO to expand market coverage
Landside logistics solutions provider Lynxis confirms the acquisition of TEDIVO, the specialist provider of software that visualises and streamlines ship operations at marine terminals.
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NewsClear message from Europe’s big two
The two largest port complexes in North Europe, Rotterdam and Antwerp-Bruges, had a clear message for the European Commission ahead of the publication of the EU Competitiveness Compass and the Clean Industrial Deal.
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NewsNews in brief: February/March 2025: Ports & Terminals
A round up of Port Strategy November/December 2024 issue’s Ports & Terminals news.
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NewsGlobal report: New concessions and extensions
Recent times have seen significant activity with the announcement of new concessions and others that have been extended. A summary of the more notable developments follows. The big news of TIL/Blackrock’s purchase of a majority stake in Hutchison Ports’ assets outside China is featured on pxx.
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NewsA new partnership in Moroccan transshipment
Marsa Maroc and Terminal Investment Limited (TIL) will share the terminal concession at Nador West Med
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NewsLagos Free Zone receives $50 million investment boost
The equity investment from the IFC will support Nigeria’s first deepsea port-based private special economic zone
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NewsKwinana 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…and Confirma satisfaction of recent activity
Soren Toft, CEO, MSC, has commented positively about the company’s recent activity.
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NewsCMA 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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NewsUSA: 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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NewsNews 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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News2. 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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NewsForth 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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NewsISLA 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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NewsPSA 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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NewsTT Club names new CEO
Specialist transport and logistics insurer, TT Club, has named its new chief executive
