Finance, Legal & Insurance – Page 4
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NewsHPC completes inspections for Hapag-Lloyd investment
HPC has completed onsite inspections of terminals across India to assist Hapag-Lloyd in its proposed investment in JMBPL
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NewsBaleària enjoys a record 2022
Shipping firm Baleària begins its 25th anniversary year with record revenues of €563 million
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NewsOverhaul overhauls cargo security
Overhaul’s takeover of Sensitech’s security service will create reportedly the largest supply chain security provider
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NewsPD ports completes refinancing
UK-based PD ports has raised a total debt facility of GBP710 million to refinance existing debt and provide for future business growth.
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NewsEU Grant Hope
The Swedish Government has given approval for Ports of Stockholm to apply for EU grant funding for pilot studies to develop onshore power infrastructure.
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NewsSTS 10 concession obstruction?
Although Brazil’s Mario Franca, Brazil’s new Ports and Airports Minister, has strongly hinted that the urgently needed STS10 new container terminal concession for Santos will go ahead there could be a spanner thrown into the works as another port terminal, Ecoporto, lays claims to a sizeable chunk of land designated for STS10.
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NewsPort and terminal Investors crowd in
There is an array of news this month from around the globe regarding investment in port and terminal businesses.
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NewsFive Star Ashdod
The Port of Ashdod, Israel, has confirmed the signing of new agreements with five start-up companies…
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NewsZIM backing SMEs
Zim Integrated Shipping Services Ltd is supporting a new platform for cross-border trade financing to support the activities…
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NewsCargo crime fight ‘low priority’
NaVCIS report finds the fight against cargo crime under-resourced, potentially putting the public at risk
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NewsCriminals exploit supply chain disruption
Disruptions throughout the global supply chain continue to create opportunities for criminals to access cargo
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NewsPD Ports Sale?
Unsubstantiated press reports in the UK have suggested that Australian investment company Macquarie…
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NewsJeddah Targets top-of-the-range Containerships
Mawani, the Saudi Ports Authority, has confirmed it is targeting 24,000TEU container ships at Jeddah Islamic Port (JIP) and is making the necessary investments to facilitate achieving this goal.
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News…And new Nansha berth planned
A reported US$1 billion is being invested at Nansha Port by Guangzhou Port Group (GPG) to help keep pace with demand.
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NewsBelt and road – quo vadis?
China’s march into port investments around the globe is slowing. Andrew Penfold identifies the problems, fall-out and potential for others to step in
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NewsGoogle in Nairobi
Google has announced another investment in a tech-led company, with its confirmation of an interest in Lori Systems, a Nairobi-based e-logistics company providing shippers with digital solutions to manage cargo and transporters.
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NewsSmart Spending By Zim
Zim Integrated Shipping Services Ltd (Zim) has confirmed a US$5 million spend of Series B financing in Sodyo Ltd (Sodyo) to support use of smart solutions across the supply chain.
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NewsMiami Grant
The Port of Miami has been awarded a US$16 million Rebuilding American Infrastructure with Sustainability and Equity (RAISE) grant which will be used to help implement the port’s intermodal rail expansion.
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NewsGate 9 in Jeddah
The Saudi Ports Authority (MAWANI) has officially launched the new Gate 9 expansion at Jeddah Islamic Port.
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NewsAPM Invests
APM Terminals, the port operating arm of AP Moller Maersk and affiliate to Maersk Line, has confirmed that it is developing a new, one kilometre-long berth line at its East Port Said, Egypt facility, at a cost of US$500 million.
