Several world regions seem to have planned much more container terminal capacity than needed for the coming decades.
09 Mar 2016
MENA Infrastructure, a fund manager and equity investor in Middle East infrastructure, said it divested its 30.3 percent stake in Egypt’s Alexandria International Container Terminals to Hong Kong’s Hutchison Port Holdings for an undisclosed sum.
07 Mar 2016
Djibouti Ports & Free Zones Authority expects throughput at Doraleh Container Terminal to expand by 3 percent in 2016 to just over 861,000 twenty-foot-equivalent units, driven primarily by increasing domestic consumption in Ethiopia and Djibouti.
04 Mar 2016
CMA CGM this week released two trade announcements upgrading its coverage on trades to and from India.
26 Feb 2016
Ultra-large container ships can now call at the Suez Canal Container Terminal 24 hours a day following the opening of a new access channel at the Mediterranean entrance to the Egyptian waterway.
23 Feb 2016
Shippers face fewer delays due to less congestion and more reliability at African ports and connecting liner services, but they have less services to choose from and the delays of critical port projects may cause the continent’s port productivity gains to slip, according to two new reports.
17 Feb 2016
Blood dripping from a U.S. freighter at Harare airport in Zimbabwe led the plane’s captain to a grim discovery when he opened a hatch and a body fell out.
16 Feb 2016
Japan is planning to increase involvement in infrastructure projects in Africa as it looks to strengthen its foothold in what Tokyo considers to be one of the world’s last major growth markets.
08 Feb 2016
Nigeria’s navy has secured the release of the Safmarine Kuramo from pirates that hijacked the vessel Friday as it made its way from Pointe Noire, Congo to Onne, Nigeria.
02 Feb 2016
The Suez Canal posted a year-over-year drop in throughput of containers and container ships in 2015. The number of containers shipped through the canal fell 2.3 percent compared with 2014, to 41.2 million 20-foot-equivalent units, and the number of container ships that transited the Canal fell 3 percent to 5,941, according to figures from the Suez Canal Authority.
21 Jan 2016
International Container Terminal Services Inc. is expanding its footprint in Africa and the Middle East with two new terminals under development and an eye for more opportunities in the region.