Maritime News Major Investment Deal Sees MSC Acquire 49% Stake in HHLA FullAvanteNews S.S Sep 13, 2023 0 A memorandum of Understanding (MoU) has been signed for the Port of Hamburg, paving the way for Mediterranean…
Maritime News Port Throughput Plummets in Europe and the US FullAvanteNews S.S Sep 13, 2023 0 Port Throughput Plummets in Europe and the US as Economic Contractions Take a Toll, Chinese Ports Buck the Trend…
Maritime News Panama Canal Authority Maintains Maximum Draft Allowance Amid Drought FullAvanteNews S.S Jul 6, 2023 0 According to sources, Panama Canal Authority Maintains Maximum Draft Allowance Amid Drought.
Maritime News ONE increases stake in California’s terminals FullAvanteNews S.S Jun 21, 2023 0 The Japanese, Ocean Network Express (ONE) increases its ownership in International Transportation Inc (ITI), a US…
Maritime News HHLA and Cosco Shipping Ports Finalize Minority Shareholding in Container Terminal… FullAvanteNews S.S Jun 20, 2023 0 Hamburg, Germany - Hamburger Hafen und Logistik AG (HHLA) and Cosco Shipping Ports have successfully concluded the…
Maritime News Port city of Buenaventura in Colombia is bankrupt FullAvanteNews S.S Jun 7, 2023 0 One of the reasons is the non-payment of the property tax since 2019 by the Buenaventura SPB Port Society, reports…
Maritime News ICTSI reported a revenue increase of 20% with a yield of 12.2 Mteu FullAvanteNews S.S Mar 29, 2023 0 Manila-based ICTSI reported a 20% increase in gross revenue compared to 2021, due to volume growth, high prices,…
Maritime News DP World expansion reports 60% increase in revenue FullAvanteNews S.S Mar 29, 2023 0 The revenues of the global port operator DP World increased by 60% in 2022 due to demand for services in the…
Maritime News BRAZIL: DP World invests USD 35M to increase capacity in Santos FullAvanteNews S.S Mar 14, 2023 0 According to Alphaliner, DP World invests USD 35M in Santos, Brazil, to increase the annual handling capacity from…
Containers Debt payment improves credit rating for DP World FullAvanteNews S.S Feb 15, 2023 0 Moody's upgraded its credit rating on DP World to Baa2 from Baa3 after the company's net debt to EBITDA ratio fell…