US shippers are diverting east coast cargo, already shifted from the Panama Canal to via Suez, to west coast ports, boosting southern California port volumes and raising box leasing prices through the roof.
AD Ports Group has reported a doubling of revenue in 2023 to AED11.7bn ($3.19bn), boosted by mergers and acquisitions.
Liebherr Container Cranes will supply 15 electric rubber tyre gantry cranes and two rail mounted gantry cranes to Rijeka Gateway, allowing for emissions-free crane operations at the terminal.