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20 August 2019 Digital

COSCO Signs Smart BRI Deal with Chinese Province

COSCO Shipping Corporation (COSCO), the third-biggest container shipping line in the world by market share, has reportedly signed a deal with Shaanxi Provincial People’s Government to jointly develop the logistics sector in the Shaanxi province.

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15 August 2019 Digital

PSA Launches New Thailand In-Land Venture

PSA Thailand and SCG Logistics Management Company Limited have unveiled plans to invest in the development and operation of the Thai Prosperity Terminal, Thailand.

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15 August 2019 Digital

Montreal Announces Grand New Funding Plan

The Port of Montreal has announced an investment of approximately US$27.7 million, to be split 50/50 between itself and the Canadian government, in the latest round of funding to be injected into the country’s maritime, transport and logistics sector.

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15 August 2019 Digital

Maersk Enjoys Q2 Profit Boom

A.P. Moller – Maersk (Maersk), the biggest shipping carrier in the world by market share) has announced a 17% increase in earnings before interest, tax, depreciation and amortization (EBITDA).

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9 August 2019 Digital

Hapag-Lloyd Delivers Highest Expectations

Hapag Lloyd, the fifth biggest container line in the world by market share, saw its revenue rise to USD $6.9 billion in the first half of the year 2019, according to its annual financial results.

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7 August 2019 Digital

African Port Secures Massive Investment

Gabon Special Economic Zone (GSEZ) Ports has secured a USD $342 million long-term debt finance from the Emerging Africa Infrastructure Fund (EAIF), part of the Private Infrastructure Development Group (PIDG), to expand facilities at Owendo Port in the capital Libreville.

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6 August 2019 Digital

Octopi by Navis: A Ground-Breaking Webinar

Octopi by Navis, experts in TOS technology, has announced it will host a webinar which will explore how small and medium terminals can improve their operations, cut costs and increase overall performance.

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5 August 2019 Digital

Drought Threatens Europe’s Ports

Heat waves across Europe are increasing the risk of making the Rhine, the continent's most important waterway, impassable for extended periods, according to German news outlet DW.

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5 August 2019 Digital

India Chooses DPW-Virgin Hyperloop One

The Government of Maharashtra, India, India has named the Virgin Hyperloop One - DP World Consortium as Original Project Proponent (OPP) for the Pune-Mumbai Hyperloop Project, making it the first hyperloop project in the world.

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2 August 2019 Digital

UK Unveils Huge Post-Brexit Freeport Plan

The UK Government will create up to ten freeports to boost trade and manufacturing after the country’s departure from the EU on October 31, according to plans quoted in Reuters.. The freeports, also known as free trade zones, are also expected to cut costs and bureaucracy and will allow firms to import and re-export goods outside of normal tax and customs regulation.

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1 August 2019 Digital AIS Partner

PTI Presents Edition 87: Blockchain

Port Technology is pleased to announce that the newest edition of its e-Journal is now available and features key papers on one of the most exciting technologies to hit the industry for years: Blockchain.

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1 August 2019 Digital

DP World Slams Djibouti Following Supreme Court Ruling

DP World has described the government of Djibouti’s decision to apply a ruling by the country’s Supreme Court that all previous international adjudications are null and void as a “complete disregard for and contravention of the global legal system and existing contracts”.

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