"DPW tends to focus on origin and destination ports in emerging markets, which are relatively less sensitive to cyclical downturns as opposed to transshipment ports,” Moody's said.
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.
14 Sep 2015
Hyundai Merchant Marine extended its Korea-Middle East, or KMS, service to include a regular call at Abu Dhabi Terminals-operated Khalifa Port Container Terminal, starting this month.
04 Sep 2015
Maersk Line is upgrading its Middle East-South Africa-West Africa, or Mesawa, service by adding a direct call at Colombo, Sri Lanka, in an attempt to pick up additional cargo.
04 Aug 2015
U.S. scrap metal exports took a tumble in the first half of 2015 and are expected to fall even more by year’s end, as the strong U.S. dollar continues to weigh on all American exports.