Finance, Legal & Insurance – Page 3
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Security funding boost for US ports
Port authorities in the US have been awarded an increased share of funding to improve security
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…As APMT also invests
APM Terminals (APMT) Valencia is investing €3.6 million (US$3.9 million) to expand capacity, increase equipment efficiency and improve the flow of trucks entering its terminal.
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No Hutch Sale
International press reports are indicating that PSA International is no longer planning to sell…
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CMA CGM enters port of Valencia
CMA CGM has closed a deal to acquire 49 per cent of Cosco Shipping Ports (CSP) Valencia Iberian Terminal, located at the Muelle Príncipe Felipe in the Port of Valencia.
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Ceres Sold
Carrix has agreed to purchase the Ceres Terminals portfolio from Macquarie Asset Management…
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Get ready for UK export rule changes
Preparing now for this autumn’s UK export declaration custom changes will make life easier
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Warning issued as freight crime rockets in Chile
Analysis by TT Club reports dramatic year-on-year increases in freight crime in Chile
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Portsmouth gains final piece of freeport approval
A UK south coast port has the ‘last piece needed to provide a fully functioning freeport’
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EU emission laws must be ‘harmonised’
Consistent application across all member states is key to ensuring a level playing field once EU emissions reduction rules come into force
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AD Ports buys TTEK
The digital arm of AD Ports Group, Maqta Gateway, has acquired TTEK Inc. for US$26.7 million, with an upfront payment…
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TT Club joins anti-corruption network
In a move which underlines the insurer’s commitment to making the industry safer and more secure, TT Club has joined the Maritime Anti-Corruption Network
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AAPA elects a new chair
Paul Anderson, president and CEO of Port Tampa Bay, takes over from Sean Strawbridge as chair of AAPA
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Evidence-Based Approach
In BMT’s experience, the resilience planning process is an evidence-based approach, shown to save owners and operators costs and downtime in the future.
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Cargotec moots Kalmar/Hiab split
More turmoil for Cargotec as it proposes a separation of its remaining core business
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Klabin in Paranaguá
Brazilian paper producer and exporter Klabin has opened up a new terminal in the south…
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Progress and prospects
Neil Davidson and Erik Wehl, of the WAPPP* Port Chapter, take a searching look at the progress to date, challenges and prospects for port master concessions
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PD Ports appoints two new leaders
PD Ports has made two new appointments to its executive leadership team
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Automated customs compliance solution
Shipping firms dealing with post-Brexit regulation changes can now turn to an automated compliance solution
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IMO in Angola
The International Maritime Organization (IMO) has visited Lobito Port in Angola to assess the progress of the implementation…
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Brittany Conversion
French shipping giant CMA CGM Group is converting its financial support for Brittany Ferries into an equity position…