Ports and Logistics
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Icon Infrastructure buys into Salerno port
UK-based fund Icon Infrastructure has bought into the port of Salerno in southern Italy. Icon has a 45% stake in…
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Port of Gulfport signs expansion deal with Turkish firm Yilport
Mississippi State Port Authority and Turkish firm Yilport Holdings have signed a letter of intent (LOI) regarding expansion of the…
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Rotterdam Port Fund bets on batteries
Investor Rotterdam Port Fund has taken an interest in EST‐Floattech, a Dutch technology company that develops and supplies energy storage…
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Port of Long Beach debuts America’s largest zero-emissions pilot project
The Port of Long Beach (POLB) announced today that it is launching the US’s largest zero-emissions pilot project thanks to…
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Chinese autonomous truck manufacturers proliferate
TuSimple, a Chinese self-driving truck start-up backed by graphic chip manufacturer Nvidia, is in talks with 10 ports in China…
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Macquarie and Goldman Sachs buy Dutch terminal operator
Infrastructure funds managed by Macquarie and Goldman Sachs have sealed a deal to buy Dutch terminal operator HES International from…
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Gulftainer granted 50-year concession to develop Wilmington port
Sharjah-headquartered port operator Gulftainer has announced that its subsidiary, GT USA, has signed a deal with the state of Delaware…
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Female dockworkers accuse US West Coast ports association of discrimination
A group of female dockworkers have brought US federal discrimination claims against the Pacific Maritime Association which represents 29 West…
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Shandong integrates Bohai Bay port assets
Shandong province of China established a port holding group yesterday, called Shandong Bohai Bay Port Group, to integrate the port…
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BC proposes incentives for Shell-led LNG export terminal at Kitimat
British Columbia authorities are proposing new incentives seen as encouraging progress with a proposed liquefied natural gas (LNG) export terminal…
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China’s Belt Road Initiative and the demise of the 20,000 teu boxship
Having been on a speaking trip in China to discuss the China Belt Road Initiative (BRI), it still amazes me…
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Hamburger Hafen und Logistik acquires Estonian terminal operator
German port and transport logistics company Hamburger Hafen und Logistik (HHLA) has entered into a contract to acquire Estonia’s biggest…
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DP World secures 30-year concession for Congo port
Port operator DP World has won a 30-year concession for the management and development of a multi-purpose port project in…
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AAPA elects new chairman
The American Association of Port Authorities (AAPA), which represents seaports in the Americas, announced it has elected a new chairman…
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US spending bill includes funding for ports and MARAD
The $1.3 trillion US government budget just signed into law by President Donald Trump holds some positives for the shipping…
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Asian ports face $49bn climate adaptation costs
Protecting Asia Pacific ports against climate change could cost up to $49bn, according to new research commissioned by HSBC from…
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Brazil set to add seven more terminal licences in ports privatisation plan
Brazilian authorities are poised to announced the auction of seven additional port terminal licences, according to Reuters citing Brazilian newspaper…
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Dramatic boxship collision in Karachi caught on video
A video taken by a port worker has gone viral on social media, showing the remarkable moment when 8,000 teu…
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DP World buys giant Mumbai warehousing company
Dubai terminal operator DP World and Indian sovereign wealth fund National Investment and Infrastructure Fund (NIIF) are paying $400m to…
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MSC launches Iberian rail freight service
Containerline Mediterranean Shipping Company (MSC) is launching of a new rail freight service between Seville, Spain, and the Atlantic, beginning…
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