Investment is part of an effort to grow port facilities into a large regional shipping and logistics hub.
23 Feb 2016
Yilport Holding has finalized the acquisition of Tertir, a Portugal-based port and logistics group with container and bulk terminals in Europe and South America.
25 Jan 2016
The Europe-Middle East-South Asia trade lane stands out as a positive “oasis” in a downcast global container shipping market, according to Drewry Maritime Research.
10 Dec 2015
Shreyas Shipping and Logistics, one of India’s fast-growing short-sea ship operators, and Japan logistics group Suzue Corp. have reached a 50-50 joint venture arrangement in an effort to capitalize on growth opportunities in the wake of strengthening trade and investment ties between the two nations.
23 Nov 2015
The government of Turkey will open tenders to privatize the Port of Alsancak in the city of Izmir in the first half of 2016, according to the Daily Sabah, a newspaper.
02 Nov 2015
Zim Integrated Shipping Services and a European short-sea operator are reintroducing a seasonal refrigerated service aimed at agriculture shippers that connects the Mediterranean and the Middle East.
23 Oct 2015
Singapore-based container carrier APL announced it is discontinuing an existing call at Fujairah, United Arab Emirates, on its Middle East Express, or SMX, service, effective this month.
12 Oct 2015
The world's second-largest transport operator is adding more than 41,000 postal codes to its international guaranteed package service, expanding its delivery footprint in Asia and other regions.
30 Sep 2015
Yilport Holding, the leading Turkish port operator, has reached agreement to take over Tertir, a Portuguese port and logistics company, with terminals in Europe and Latin America.
28 Sep 2015
The European Bank for Reconstruction and Development announced the acquisition of a minority stake in Turkish port operator, Global Ports Holding, just weeks after a near $1 billion Chinese investment in the country’s waterfront.
15 Sep 2015
APM Terminals hopes that the opening of its Turkish container terminal at Petkim Port,near İzmir on Turkey’s west coast, in early 2016 will be just the first phase of its expansion in the country.