HEIGHTS OF EXCELLENCE : PSA Singapore achieved outstanding feats of productivity on 4 mega vessels i…
SINGAPORE : The first 4 ships on which gross berth productivity (GBP) exceeded 300 at PSA Singapore this year – COSCO Himalayas, CMA CGM Palais Royal, Maribo MAERSK, and MSC Mara! On one of
APM Terminals sold 30.75% minority stake in Global Ports Investments for USD 135 million
THE HAUGE (NETHERLAND) : In 2022, A.P. Moller-Maersk’s (Maersk) terminals business, APM Terminals (APMT) completed the sale of the 30.75% minority stake in Global Ports Investments in Russia for USD 135m, according to annual report of A.P.
Mawani and eXtra signs an Agreement for a Logistics Center at King Abdulaziz Port
RIYADH : The Saudi Ports Authority (Mawani) has signed an investment agreement with leading consumer tech. retailer United Electronics Company (eXtra) to set up a state-of-the-art logistics center at King Abdulaziz Port in Dammam.
DP World reports ahead of market volume growth
“ We are delighted to report another solid volume performance with like-for-like growth of 2.8% in 2022, which is once again ahead of industry forecast of a marginal decline of -0.5%. This outperformance continues
Visakhapatnam Port Authority set to become landlord port
VISAKHAPATNAM : With the Niti Aayog unveiling National Monetisation Pipeline (NMP) to unlock value in brownfield projects by engaging private sector, Visakhapatnam Port Authority (VPA), one of the premier ports in India which handled
Chittagong Port’s new year beginning performance fell down drastically
CHATTOGRAM : The first month of this year did not pass well for Chittagong Port, Bangladesh’s prime seaport, which handles almost 92% of the country’s seaborne export-import trade. Compared to last year’s January, the
Turkey quake : Boxes catch fire at Iskenderun Port after shutdown
TURKEY : A major earthquake hitting southeast Turkey and northern Syria has caused operations at Iskenderun, a small Turkish port in the Gulf of Alexandretta, to shut down. Later on Monday video footage showed
AquaChemie inaugurates $50m petrochemicals terminal at Jebel Ali Port
JEBEL ALI : The $50m bulk liquid terminal is set to facilitate the growing petrochemical trade between manufacturers and end-users across the Middle East and elsewhere. “The $50 million terminal is set to be