DP World and the Government of Angola have signed a Memorandum of Understanding (MoU) with the aim of cooperating to further develop the country’s trade and logistics sector.
Ahead of privatisation, Brazil’s Ministry of Infrastructure (MINfra) issued an ordinance approving a significant expansion of the port boundaries, nearly doubling the land area of the Port of Santos, Brazilian media reported.
The Malaysian Port of Tanjung Pelepas (PTP), a joint venture between APM Terminals (30%) and the MMC Group, will invest more than $162m (EUR 150m) to expand its capacity this year.
Hyundai Motor Group has appointed PSA Cargo Solutions (SEA) as lead logistics service orchestrator for its advanced manufacture of Electric Vehicles (EVs) in Singapore.