Abu Dhabi-based AD Ports Group today reported net profits of $232m last year, a rise of 115% on full-year 2020, reflecting the UAE’s wider economic recovery from the Covid-19 pandemic.
Bilbao Port Authority, Spain is to provide shoreside electricity for ships docked at the port and install renewable energy power plants.
The Saudi Ports Authority (Mawani) has launched a new initiative aiming at automating operations in the country’s ports.
Despite the challenges facing ports, Cosco-controlled Piraeus Port Authority (PPA) recorded its highest ever level of profitability in 2021 with all sectors of business showing an improvement in performance.
Shenzhen container terminals are feeling the impact of the recent seven-day lockdown even as restrictions were gradually eased at the weekend.