Ports and Logistics
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China’s Belt Road Initiative – consolidation or dislocation?
There has been ongoing commentary that China’s BRI is about to collapse as it was ill conceived and planned. After…
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Markets take a coronavirus battering
On a brutal morning at the markets, almost $370bn in market capitalisation was wiped off the benchmark Shanghai Composite index…
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Coronavirus: Chinese ports grind to a halt while yards declare force majeure
Agents and brokers are reporting operations are slowing down at Chinese ports and shipyards as the coronavirus takes its toll…
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A.P. Moller Capital and Olam to invest in West African ports
A.P. Moller Capital, in partnership with Olam International and Africa Finance Corporation (AFC), will invest in infrastructure in West Africa…
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NYK establishes first dedicated roro terminal in Egypt
Japan’s Nippon Yusen Kaisha (NYK), together with Bolloré Africa Logistics (Bolloré) and Toyota Tsusho Corporation (Toyota Tsusho), has signed an…
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DP World tables bid for 49% stake in Fesco
DP World’s on/off romance with one of Russia’s top maritime brands is back in the news. Russian newspaper Vesti Finance…
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Seafarers face increased checks as coronavirus spreads across the world
Seafarers who have called in China in recent weeks and are seeking shore leave at ports across much of Asia…
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Ningbo Port brings SIPG in as an investor to raise $1.62bn for expansion
Ningbo Port has announced a plan to raise RMB11.2bn ($1.62bn) through the issuing of new shares to its controlling shareholder…
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DP World chooses landlocked Switzerland for its next investment
Global terminal operator DP World has chosen a landlocked country for its next investment. The Dubai-headquartered company is buying into…
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China inks Kyaukphyu development deal with Myanmar
China has signed an agreement with Myanmar to invest and develop Kyaukphyu port in Rakhine State into a major container…
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China Merchants sells stake in Brazilian terminal to state funds
China Merchants has brought in two strategic investors for its TCP container terminal in Brazil through the selling of stakes…
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CMA CGM starts business matchmaking for clients
French container line CMA CGM has created a business matchmaking offering for its clients. The new Networking Intermediation Services gives…
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Shanghai port retains top box billing
Shanghai port has maintained its top position for a 10th consecutive year in terms of container throughput in 2019 with…
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DP World’s Djibouti battle continues at court in London
DP World has won another legal hearing against the government of Djibouti over the Doraleh Container Terminal, having been kicked…
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Petrochemical terminal explosion rocks Zhuhai Port
A petrochemical terminal at Zhuhai Port in southern China suffered a major explosion and caused a massive fire today. The…
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China Merchants takes over Dandong Port in controversial court ruling
China Merchants Group’s Liaoning Port Group has taken over bankrupt Dandong Port as a local court forced the approval of…
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Will 5G change logistics and ports?
The recent conference and summit circuit in Singapore has had a strong focus on technology and how it will forever…
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Dalian Port appoints new chairman
Dalian Port has announced the appointment of Wei Minghui as the new president of the company, replacing Xu Song who…
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European owners hit out at new container lashing directive
European short-sea and feeder ship operators are challenging efforts by the International Transport Workers’ Federation (ITF) to redefine container lashing…
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DP World awarded 30-year concession for Saudi container terminal
Dubai’s DP World has been awarded a 30-year build-operate-transfer (BOT) concession by the Saudi Ports Authority for the management and…
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