Ports and ShippingAbu Dhabi Ports launches housing project for China-UAE alliancePritam BordoloiOctober 2, 2019 by Pritam BordoloiOctober 2, 2019 The project at Kizad will accommodate employees working at a China-UAE commercial partnership... Read more
Ports and ShippingDP World to bid for Singapore offshore support vessel firmPritam BordoloiSeptember 20, 2019November 4, 2019 by Pritam BordoloiSeptember 20, 2019November 4, 2019 DP World is one of the six potential bidders for Singapore-based Miclyn Express Offshore... Read more
Ports and ShippingChina Merchants to diversify, invest in French port assetsInternational Finance DeskSeptember 3, 2019December 23, 2019 by International Finance DeskSeptember 3, 2019December 23, 2019 The investment will help French port firm reduce its debt after its $17 bn acquisition of Ceva Logistics... Read more
Ports and ShippingEgypt in talks with World Bank to establish cargo shipping lineInternational Finance DeskAugust 27, 2019December 23, 2019 by International Finance DeskAugust 27, 2019December 23, 2019 The Egyptian National Railway is studying establishing a shipping line between Alexandria and the Sixth of October dry port... Read more
Ports and ShippingAcquisitions boost DP World’s H1 revenue to $3.4 billionInternational Finance DeskAugust 24, 2019December 23, 2019 by International Finance DeskAugust 24, 2019December 23, 2019 The firm reported a 27 percent increase in profit for the first half of 2019... Read more
Ports and ShippingOverseas business spurs profit surge at port operator ICTSIInternational Finance DeskAugust 14, 2019 by International Finance DeskAugust 14, 2019 H1 2019 revenues increase by 14% to $751.8 mn from $661.8 mn during the same period of the previous year... Read more
Ports and ShippingUNCTAD: Shanghai is the world’s best-connected portInternational Finance DeskAugust 13, 2019 by International Finance DeskAugust 13, 2019 The Port of Shanghai garners a connectivity score of 134 points in United Nations body’s index... Read more
Ports and ShippingJurong Port: Singapore retains top clean fuel bunkering port spotInternational Finance DeskJuly 30, 2019December 23, 2019 by International Finance DeskJuly 30, 2019December 23, 2019 The new facility has a capacity to store up to 252,000 cubic metres of clean, low-sulphur petroleum... Read more
Ports and ShippingDP World, Maspion to develop $1.2bn logistics park in IndonesiaInternational Finance DeskJuly 26, 2019December 23, 2019 by International Finance DeskJuly 26, 2019December 23, 2019 The Emirati-Indonesian joint venture marks the first public-private partnership for Indonesia’s transportation sector... Read more
Ports and ShippingSinopec’s Sri Lanka unit to supply ships transiting major maritime routeInternational Finance DeskJuly 16, 2019December 23, 2019 by International Finance DeskJuly 16, 2019December 23, 2019 Sinopec is China's latest investment in Sri Lanka and is important to its Belt and Road Initiative’s infrastructure plan... Read more