The Port Authority of Algeciras (La Autoridad Portuaria de la Bahia de Algeciras, APBA) and the Public Agency of Andalusian Ports (La Agencia Publica de Puertos de Andalucia, APPA) has announced they will invest EUR 8 mln in building a new area for container operations in the logistics zone of San Roque, near the Algeciras-Bobadilla railway […]
The Moscow Arbitration Court of Appeal finally adopted yesterday the settlement agreement between the Federal Anti-Monopoly Service of Russia (FAS) and Container Terminal Saint-Petersburg (CTSP), owned by the Russian transportation group UCL Holding, in an anti-trust litigation, CTSP press service informs. FAS has admitted that the container handling tariff rates of CTSP are economically justified […]
Myanmar is negotiating with a Chinese consortium to develop a deep-sea port in Kyaukphyu (Rakhine state, western Myanmar) on the Bay of Bengal as part of the planned Kyaukphyu Special Economic Zone (SEZ), informs Xinhua. The negotiation between Myanmar’s Commerce Ministry and the China International Trust and Investment Corporation (CITIC) is expected to reach an […]
Kerry Logistics, Asia’s leading 3PL service provider, announced this week the signing of a memorandum of understanding between its member company Globalink and Anaklia City JSC to develop the Anaklia Deep Sea Port and Special Economic Zone on Georgia’s Black Sea coast. Scheduled for opening by the end of 2020, Anaklia is expected to become […]
The Port of Tallinn (AS Tallinna Sadam) has announced an auction for the equipment of the coal terminal located on two land plots in Muuga Harbour. The equipment is listed in the Annex to the Notice of Auction and includes a stacker, a reclaimer, railway tracks for these, a ship loader, band conveyors and wagons […]
Following the arrest of Ziavudin Magomedov and his brother Magomed, the owners of Summa Group and major players in the Russian transport sector, on 31 March 2018, the Tverskoy court in Moscow seized their assets, which included 4 vehicles, 2 apartments as well as shareholding and bank accounts of many companies owned by Summa. Among […]
The Port of Vancouver has announced the allocation of CAD 167 mln (USD 125 mln) by the federal government for three projects aimed to improve the port’s rail infrastructure and reduce traffic congestion. Combined with CAD 55.8 mln (USD 42 mln) announced last month for four other critical infrastructure projects in the region, this brings […]
The migrant crisis continues in Europe and the shipping industry is getting increasingly worried about it, as merchant ships are obliged to rescue persons in distress at sea but, as we have recently witnessed, these operations now may end up with ports being closed for migrants’ disembarkation. The recent case is the 1,068 TEU Maersk […]
China Merchants Port Holdings Company Ltd (CMPort) completed the transaction to acquire the Port of Newcastle, the largest port on the east coast of Australia and the world’s leading coal export facility. Forming the company’s first investment in the Oceania region, it signifies that CMPort has achieved a full coverage of the six continents. Following […]
DP World Antwerp signed an agreement with NxtPort, as first terminal operator committing to make all its data available on the platform. This means information related to containers that are handled at the terminal such as gate in, gate out, loading and unloading can be retrieved through API’s. We already wrote earlier, that the Port of […]
