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.
31 Jul 2015
Work on the New Port Project at Al Wakrah, Qatar, is rapidly progressing towards completion as the small Gulf nation seeks an alternative to the congested existing port.
31 Jul 2015
Oman International Container Terminal operated by Hutchison Port Holdings, will quadruple capacity to 6 million 20-foot-equivalent units, to capitalize on the recent closure of the Port Sultan Qaboos, Muscat.
30 Jul 2015
A revolution is quietly under way in Saudi Arabia’s ports sector, as the first facility to be run outside government control attracts the world’s leading shipping alliance, piling pressure on the kingdom’s premier west coast port, Jeddah Islamic Port.
30 Jul 2015
Officials at Khalifa bin Salman Port in Hidd, Bahrain, predict a structural shift in the size of the Bahraini cargo market and forecast a dramatic increase in container throughput to 500,000 20-foot-equivalent units this year because of growth in government-led infrastructure and construction schemes.
28 Jul 2015
DP World posted a 4.2 percent increase in container traffic in the first half of the year, driven largely by strong growth at its terminals in Europe and the United Arab Emirates.