Ports and Logistics
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iCON Infrastructure enters Italian port market
UK-based iCON Infrastructure fund has entered the Italian ports and logistics market trough the purchase of a 45% stake in…
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China’s Exim Bank funds new Zanzibar port construction
China’s Exim Bank is providing $200m in finance for the construction of a new port on Zanzibar, the island’s president…
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Finnish port strike due on Friday
This Friday will see another set of strikes at Finland’s ports. The nation’s top three trade unions are fighting the…
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Guangzhou Port outlines massive expansion plans
Guangzhou government has released a new international shipping center development plan for 2015-2017. According to the plan, the city will…
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Zhuhai Port brings in new investors to support energy subsidiary
Zhuhai Port has announced that it has brought in three new strategic investors for subsidiary Zhuhai Gangsheng New Energy Company.…
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Fifth man arrested in Port of Montreal silver heist, one third of bullion recovered
A fifth man was arrested in the case of last week’s $10m silver heist at the Port of Montreal, and…
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Taicang Port blockaded in dispute over Nan Tsing containers
The disputes between shippers and Taicang Port have intensified, as a number of shippers still haven’t reached agreement with the…
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Four arrested in connection with Port of Montreal silver heist
Four men have been arrested in connection with last week’s audacious multimillion dollar theft of silver from the Port of…
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China to develop Pakistan’s first FEZ
China is set to sign a 43-year lease agreement for more than 2,000 acres of land to develop a Free…
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TSA members want exporters on US-Asia routes to pay higher rates
Container shipping firms serving the US-Asia trade want export customers to pay more in their rate of freight. That is…
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Port Performance Act would be relatively cheap to implement, CBO finds
Advocates of the Port Performance Act (PPA) received a boost when the Congressional Budget Office (CBO) said it estimated the…
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Long Beach to eclipse neighbouring LA
The Port of Long Beach, which along with the Port of Los Angeles forms the biggest marine trade hub in…
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APM Terminals buys Grup Maritim TCB
In shipping’s ongoing consolidation phase, APM Terminals has reached an agreement with Perez y Cia to acquire their majority stake…
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Gazprom and Shell look at Ust-Luga LNG project
Russia’s Gazprom and Royal Dutch Shell are looking at forming a Baltic LNG joint venture at the port of Ust-Luga.…
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Thailand’s Department of International Trade Promotion: On the map
Bangkok: Because Thailand’s economy is driven by exports, making logistics smoother is a national priority. Thailand’s economy, as measured by…
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World’s top port operators come together to push green agenda
The world’s largest port operators have come together to push a joint green agenda. Go Green is the first ever…
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Swaziland pushes for 70 km canal link to the Indian Ocean
Authorities in landlocked Swaziland are serious about building a channel to the Indian Ocean, the latest in the 21st century’s…
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Canadian silver heist has Montreal police baffled
Police in Montreal have tracked down a missing container from one of the most audacious heists in Canadian history; the…
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Tianjin damages could hit $3.3bn
The total costs of the damages wrought by the giant explosions at Tianjin port last month could be as high…
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Seattle and Tacoma ports losing volume to Canadian rivals
Barely a month after Seattle and Tacoma formed the Northwest Seaport Alliance a commissioned study says the two Washington State…
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