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Recent Articles

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MSC presents public comment to FMC on risks in Red Sea, Gulf of Aden areas affecting global supply chains, Israeli vessel interests and issues with Panama Canal transits; executive highlights need to reroute ships for safety, despite increased costs

Namibia Ports Authority nears end of negotiations for management of new US$290M container terminal at Port of Walvis Bay with Terminal Investment Limited; port is expected to take Namport’s container throughput from 350,000 TEUs to 750,000 TEUs

Rising costs of materials, services affect Terminal Investment's economic forecasts for Valencia port expansion in Spain; company plans to spend almost €1.5B to deploy necessary infrastructure, while project's total cost could exceed €2B

Noatum finalizes purchase of APM terminal at Spain's PortCastello for €10M, expected to boost container traffic and enable return of MSC operation; deal, announced in December 2022, covers 70% of the port's container volume capacity

Saudi Ports Authority, MSC's logistics arm, MELDOG, invest SAR150M for logistics park at Dammam's King Abdulaziz Port, which will cover area of 100,000-sq-m., with capacity of 300,000 TEUs annually; Mawani aims to expand number of logistics parks to 30

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