Concessions & Investments

NORTH AMERICA

NORTH AMERICA

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…

27th February 2024

JAXPORT Deal Done

27th February 2024

EUROPE

EUROPE

When opening the recent Serbia-Greece business forum, Aleksandar Vucic, President of Serbia…

27th February 2024

Serbia Targets Greece

27th February 2024

EUROPE

EUROPE

It might have provoked a negative reaction from certain members of the Hamburg establishment – Hapag Lloyd, Eurokai Group and Kuehne & Nagel for example – but MSC’s audacious bid to buy…

24th November 2023

MSC – HHLA transaction on course to close 2nd quarter 2024

24th November 2023

OPERATIONS

OPERATIONS

Africa Finance Corporation (AFC) has disposed of its 35 per cent equity investment in Atlantic Terminal Services Limited…

24th November 2023

AFC Exits

24th November 2023

EUROPE

EUROPE

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…

24th November 2023

A game changer?

24th November 2023

OPERATIONS

OPERATIONS

APM Terminals has appointed a new chief operating officer.

1st November 2023

APMT names new COO

1st November 2023

CONCESSIONS & INVESTMENTS

CONCESSIONS & INVESTMENTS

Supply chain visibility provider FourKites has appointed a new chief financial officer.

1st November 2023

FourKites names new CFO

1st November 2023

ASIA

ASIA

Dongwon Group, a major South Korean logistics and deep-sea fishing company, has secured US$280 million in financing from KDB Smart Ocean Infrastructure…

9th October 2023

Dongwon Secures Funds

9th October 2023

PRODUCTS & SERVICES

PRODUCTS & SERVICES

Norwegian government enterprise, Enova, has confirmed it is investing NOK64 million (€5.5 million) in shore… 

9th October 2023

Shore Power Spend

9th October 2023

ASIA

ASIA

Mediterranean Shipping Co. (MSC) could potentially take a minority stake in a new PSA International terminal at Nhava Sheva Port (JNPT) in India.

9th October 2023

JNPT-PSA deal for MSC?

9th October 2023

EUROPE

EUROPE

The Port of Aberdeen has been awarded funding by the UK Government to design and deliver…

9th October 2023

Aberdeen Support

9th October 2023

OPERATIONS

OPERATIONS

Job losses are on the cards at the Port of Liverpool, UK following a prolonged fall in container volumes.

22nd September 2023

Job losses likely at Port of Liverpool

22nd September 2023

OPERATIONS

OPERATIONS

The International Union of Marine Insurance is seeking to reassure shippers that electric vehicles can be safely transported.

1st September 2023

Marine insurers issue EV fire guidance

1st September 2023

OPERATIONS

OPERATIONS

As PS goes to press, the release of the findings of the Securities and Exchange Board of India (SEBI) into accusations…

29th August 2023

High noon for Adani…

29th August 2023

PORT & TERMINAL NEWS

PORT & TERMINAL NEWS

A new container terminal project being planned by the Port of New Orleans (NOLA) has had funding…

29th August 2023

NOLA Funding Boost

29th August 2023

EQUIPMENT

EQUIPMENT

Despite the fragility of supply chains globally, Konecranes is predicting it will see increases in net sales in 2023. 

29th August 2023

Konecranes Upbeat for 2023

29th August 2023

CONCESSIONS & INVESTMENTS

CONCESSIONS & INVESTMENTS

The rapid escalation in container ship size presents challenges, especially in an era of strong inflation. More public sector support can facilitate going beyond doing the minimum and being ready to capitalise…

29th August 2023

More public sector Dollars

29th August 2023

CONTAINER & CARGO HANDLING

CONTAINER & CARGO HANDLING

Cargotec has proposed a number of board changes following the decision to partially demerge its Kalmar cargo handling business.

21st August 2023

Cargotec changes board following Kalmar split

21st August 2023

CONCESSIONS & INVESTMENTS

CONCESSIONS & INVESTMENTS

International Container Terminal Service has reported revenue from port operations in Q2 2023 of US$1.16 billion, an increase of 10% compared to the first six months of 2022.

14th August 2023

Revenue up 10% at ICTS in Q2 2023

14th August 2023

OPERATIONS

OPERATIONS

Shipping companies are being urged to proactively adopt best practices to reduce the costs and risks of demurrage.

14th August 2023

Shippers urged to proactively reduce demurrage

14th August 2023