Ports and Logistics
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US west coast dockworkers approve new six-year contract
The US west coast is safe from the threat of strikes finally. Dockworkers have voted in favour of ratifying a…
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Ships caught up in Gabon military coup
Movements in and out of Gabon have been closed down after a group of senior military officers announced a coup…
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DP World expands footprint in Turkey
DP World has formed a strategic equity partnership with Turkey’s Evyap Group, under which the Dubai-headquartered terminal operator will take…
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Maersk eyes $400m Bangladeshi greenfield terminal
Robert Maersk Uggla met with the prime minister of Bangladesh yesterday, keen to extend APM Terminals’ footprint in South Asia.…
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DP World cements position in Gujarat with $510m joint investment
The Gujarat coastline on India’s west coast is getting increasingly crowded with boxport developments. Adani Group has had a presence…
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Crowley and Morgan Stanley form US offshore wind joint venture
US-based maritime, logistics and energy solutions company Crowley has set up an offshore wind joint venture with Morgan Stanley Investment…
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Peru’s port shame
Shaun Robertson, an intelligence analyst at Palaemon Maritime, on the growing crime scene at Callao, Peru’s largest port. Callao, Peru,…
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China, the world’s largest LNG buyer, lays out plans to double import capacity
China, which has surpassed Japan as the world’s leading LNG importer, has laid out massive plans for further import terminal…
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NYK buys into Indonesian car terminal
Nippon Yusen Kaisha (NYK) has acquired a 25% stake in Patimban International Car Terminal, a car terminal operator based at…
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Qatar buys into Rotterdam port
The reshuffle of operators at Europe’s largest port continues apace with Qatar coming onboard. QTerminals Group and Qatar Navigation have…
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Ex-SIPG president faces graft investigation
Yan Jun has become the latest high-profile name in Chinese shipping to be investigated for corruption. Yan, who suddenly stepped…
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AD Ports eyes further Kazakhstan investments
AD Ports Group from Abu Dhabi has signed a heads of terms (HoT) agreement with Semurg Invest, the owner and…
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Evergreen buys into Rotterdam’s Euromax terminal
Taiwanese container giant Evergreen has bought a 20% stake in Rotterdam’s Euromax terminal for EUR72.5m ($109m), with analysts at Alphaliner…
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Mine explosion near Romania’s Constanta port spooks Ukrainian grain exporters
Russia’s efforts to strangle Ukrainian grain exports are seeing it come ever closer to bringing a NATO member into the…
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P&O Maritime wins Dominican Republic port towage deal
Maritime services provider P&O Maritime Logistics has secured an exclusive towage contract with DP World in the Dominican Republic, increasing…
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Endless takes over energy logistics group ASCO
Aberdeen-based energy logistics group, ASCO, has been acquired by UK private equity firm Endless for an undisclosed sum. With over…
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Blaze hits grain silos in French port of La Rochelle
A fire broke out at grain silos in the French Atlantic port of La Rochelle on Thursday, crippling operations at…
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Lawsuit against Port of New Orleans to block $1.8bn container terminal construction
The St. Bernard Parish District Attorney’s Office is suing the Port of New Orleans (Port NOLA) to block the construction…
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Turkish grain port hit by massive explosion
An explosion occurred in the Turkish port of Derince yesterday afternoon which caused great damage to grain silos located in…
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MSC takes over Milan air cargo carrier
MSC has acquired the majority stake of AlisCargo Airlines, a Milan-based air freight carrier. The parties confirmed that the transaction…
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