Yesterday, 18 March 2018, DP World announced the acquisition of Cosmos Agencia Maritima S.A.C., a fully integrated logistics services provider based in Peru. Cosmos Group owns Neptunia S.A and Triton Transport S.A, that offer maritime and logistics services, and also possesses a 50% stake in Terminales Portuarios Euroandinos S. A. at the port of Paita, […]
Djibouti dismissed the speculations that appeared last week about the reasons behind the government’s expropriation of Doraleh Container Terminal (DCT) from DP World, informs Africa Times. In his statement in Twitter on Friday, Mohamed Siad Doaleh, Djibouti’s ambassador to the United States, claimed as “false” the idea that Djibouti would give the disputed Doraleh terminal […]
Port Newark Container Terminal (PNCT), jointly operated by Ports America and MSC’s ports arm TIL at the Port of New York and New Jersey, has recently introduced a truck slot reservation program. The new “FLEX Services” program allows terminal’s clients who pay USD 95.50 per container to be serviced first when PNCT opens at 6am. […]
YILPORT Holding, the Turkish Yildirim Group’s port arm, reports a 9% increase in container throughput of all its terminals in 2017, informs the latest edition of Yilport’s corporate publication “Connection Magazine”. The overall volume of Yilport facilities grew to 4.3 mln TEU in 2017, which is 9.4% more than 3.93 mln TEU in 2016. The […]
Contship Italia Group, Italy’s leading maritime container terminal and intermodal operator, reports a 1.3% decline in volumes handled at its terminals in 2017 (6.303 mln TEU) as compared to 2016 (6.386 mln TEU), although its rail freight traffic was up 11% (301,009 TEU). The company highlights that while its gateway terminals with access to Italy, […]
The Chinese port operator Cosco Shipping Ports (CSP) has finished year 2017 with a 12.6% rise in the throughput across its overall terminal portfolio, up to 87.312 mln TEU from 77.572 mln TEU in 2016. This signals CSP’s potential to become the largest global terminal operator displacing Hutchison Ports from the #1 position. Hutchison Ports […]
Following our recent publication on the troubles that the Turkish port operator Yilport Holding has lately encountered with its project in Ecuador while developing the terminal at Puerto Bolivar, we have received an official statement on the dispute, which was issued by Robert Yuksel YILDIRIM, the Chairman of YILPORT Holding and President & CEO of […]
The CMA CGM Group completed the sale of its 90% equity interest in Global Gateway South terminal (GSS) at the port of Los Angeles, United States, informed the company on December 01, 2017. The stake was acquired by the infrastructure investment consortium – EQT Infrastructure III and its partner P5 Infrastructure – for an enterprise […]
Tensions are growing at Yilport’s port development project at Puerto Bolivar, Ecuador. Patricia Henríquez, the deputy of the El Oro province, where the port is located, has sent an official request last week to the Ministry of Transport and Public Works, the Internal Revenue Service, the Port Authority and Yilport Ecuador asking to report on […]
Operadora Portuaria Centroamericana (OPC), part of the ICTSI group and the container terminal operator at the port of Puerto Cortés in Honduras, has announced the progress in the extension of its facility. Having won the international bid for design, finance, construction, maintenance and operation of the specialized container and cargo terminal in the Republic of […]
