Chinese-made electric vehicles arriving in containers in Piraeus via the car terminal for sale in Europe were the main driver of record revenues and profit at Cosco controlled Piraeus Port Authority (PPA) in January-September.
DP World is investing in expansion and automation across 14 terminals in the Americas and could roll out the innovative BOXBAY storage system in a South American terminal.
Cosco Shipping Ports posted a 2.8% increase of total throughput in the first nine months of this year.
The Tecon Santos container terminal is undertaking an ambitious expansion and modernisation project with a total investment of $520 million to increase annual capacity to 3 million teu.
In a joint white paper released today APM Terminals and DP World map a path for the port industry to decarbonise its container terminal handling equipment within this decade.