Finance, Legal & Insurance

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    News

    Cargo crime fight ‘low priority’

    2023-01-30T10:25:00Z

    NaVCIS report finds the fight against cargo crime under-resourced, potentially putting the public at risk

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    News

    Criminals exploit supply chain disruption

    2022-11-18T13:54:00Z

    Disruptions throughout the global supply chain continue to create opportunities for criminals to access cargo

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    News

    PD Ports Sale?

    2022-11-15T09:15:00Z

    Unsubstantiated press reports in the UK have suggested that Australian investment company Macquarie…

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    News

    …And new Nansha berth planned

    2022-11-15T09:15:00Z

    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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    News

    Jeddah Targets top-of-the-range Containerships

    2022-11-15T09:15:00Z

    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

    Belt and road – quo vadis?

    2022-11-15T09:15:00Z

    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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    News

    Google in Nairobi

    2022-10-27T14:24:00Z

    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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    News

    Smart Spending By Zim

    2022-10-27T14:16:00Z

    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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    News

    Miami Grant

    2022-10-27T13:49:00Z

    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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    News

    Gate 9 in Jeddah

    2022-10-27T13:46:00Z

    The Saudi Ports Authority (MAWANI) has officially launched the new Gate 9 expansion at Jeddah Islamic Port.

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    News

    APM Invests

    2022-10-27T13:44:00Z

    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.

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    News

    Hutchison Adds Two Concessions in Egypt

    2022-10-27T13:35:00Z

    Hutchison Ports has signed two new concessions for container terminals with the Egyptian Government, one in Ain Sokhna Port and the other in El Dekheila Port.

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    News

    Simandou Ore Project: From Stop To Start Again!

    2022-10-27T13:30:00Z

    A deal has been concluded that will get work moving again to unlock the world’s largest untapped iron ore deposits at Simandou, Guinea.

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    News

    Japan Funds Cambodia Container Terminal

    2022-10-27T13:26:00Z

    Japan has recently agreed a US$300 million loan to develop a new container terminal at the Port of Sihanoukville, Cambodia.

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    News

    Til Spending Spree Rolls Into Rotterdam

    2022-10-27T13:21:00Z

    Terminal Investments Limited (TIL), the terminal division of MSC, is continuing its spending spree on securing new container terminal capacity with the announcement of the development of a new mega-terminal in Rotterdam in conjunction with Hutchison Ports, which will eventually offer a capacity of up to seven million TEU per annum.

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    News

    VOC Port Award

    2022-10-27T13:19:00Z

    The V.O. Chidambaranar (VOC) Port Authority has confirmed a new concession agreement has been signed with Tuticorin International Container Terminal Private Limited (TICTPL) to convert Thoothukudi Port’s Berth No 9 into a 600,000TEU/yr container terminal.

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    News

    APM Divests GPI

    2022-10-27T13:16:00Z

    APM Terminals (APMT) has entered into an agreement to sell its 30.75 per cent shareholding in Global Ports Investments (GPI), the Russian ports business, to its long-established partner Delo Group.

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    News

    HAL offer for Boskalis recommended

    2022-10-27T13:10:00Z

    At the time of writing in early September 2022, Dutch investor HAL Holding, had raised its offer to acquire Dutch dredging and marine services provider Boskalis, to €33 per share.

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    News

    USA Rail Funding

    2022-10-27T13:10:00Z

    In a move welcomed by US railroad operators, The US Department of Transportation (USDOT)…

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    News

    Kalmar Expansion…

    2022-10-27T13:10:00Z

    Kalmar has confirmed that it is upgrading and expanding its manufacturing plant in Ottawa, Kansas, in a deal worth close to US$21.5 million.