A 30% year-on-year increase in import container traffic at Liberia’s largest port during H1 2015 suggests Liberia’s economy is on the mend after last year’s Ebola virus crisis.
APM Terminals is on the acquisition trail buying a majority stake in Barcelona-based Grup Maritim TCB giving it 11 terminals in Europe and Latin America.
APM Terminals and Colombian-based port and terminal operating company, Compañia de Puertos Asociados (Compas) have signed a joint venture agreement to manage and operate Compas’s existing multipurpose Cartagena Terminal.
Maersk Group has held its forecast of a $4bn underlying profit for 2015, despite oil price turbulence and falling container rates affecting its businesses.
APM Terminals Mobile in Alabama will add two new super-post panamax STS cranes and expand the container yard by 20 acres as part of a $40m infrastructure investment.
APM Terminals has reaffirmed its commitment to develop Georgia's Poti to a prominent gateway for Black Sea, Mediterranean and Central Asian shipping trade.
In a sign of the Greece’s rapidly deteriorating finances, tenders issued by the municipal port fund of Rethymno in Crete refer to life outside the euro. By including a clause referring to “any national Greek currency at the time”, the port...