DP World, Maspion to develop $1.2bn logistics park in Indonesia
The Emirati-Indonesian joint venture marks the first public-private partnership for Indonesia’s transportation sector...
Category : Ports and Shipping
Sinopec’s Sri Lanka unit to supply ships transiting major maritime route
Sinopec is China's latest investment in Sri Lanka and is important to its Belt and Road Initiative’s infrastructure plan...
Singapore ranks first among world’s maritime centres for sixth straight year
The evaluation scores reflects Singapore's strength in ship management and shipbroking services...
DP World raising $1 bn bonds to buy Topaz Energy and Marine
Citi and Standard Chartered Bank will help DP World arrange a series of investors meetings ahead of the Islamic bond issue...
Tangier Med port to make Morocco an African foreign investment gateway
The expanded port is set to become the Mediterranean’s largest port in terms of container capacity...
Singapore begins Tuas Port’s phase 2 construction using modern tech
The completed Tuas project will have a capacity to handle up to 65 million TEUs annually...
DP World’s India-UAE Bridge hopes to attract investments to flagship port
The solution is a collaboration between DP World, Jafza and the Indian Business and Professional Council...
China ports see 6.7% cargo throughput growth in first five months
Chinese ports’ cargo throughput grew to about 5.5 bn in five months, with a throughput of 1.14 bn in April alone...
Hormuz closure will not hit UAE, Saudi Arabia oil exports
The two countries in addition to Oman have alternative maritime routes, protecting their oil export activities against Hormuz’s potential closure...
Adani Ports plans to raise $700 mn through overseas bond sale
The proceeds from the bond sale will be used to boost the company’s current capacity, or to purchase assets locally...