Hyundai Engineering and Construction will invest up to $540 million to develop the Port of Slavyanka in eastern Russia, including the construction of a multipurpose terminal, in partnership with Russian logistics company Berkut.
Cambodia is going to build a new multi-purpose deep-sea port at the Sihanoukville Port Special Economic Zone (SPEZ) to transport goods directly to the United States.
Duisburger Hafen AG (duisport) and COSCO Shipping Logistics have signed a deal to build the largest container terminal in the European hinterland.
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.
Namibia has taken another step towards becoming an international trade and shipping hub with the opening of a new US$400 million container terminal at the Port of Walvis Bay.