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Westports Holdings Bhd saw net profit rise 36.1 percent

February 9, 2018 12:05 am Published by

Westports Holdings Bhd saw its net profit rise 36.1 percent, to RM210.98 million, for the fourth quarter ended December 31, 2017. The company's full-year net profit expanded 5.6 percent from RM616.83 million to RM651.51 million, with revenue rising 2.6 percent …

malaysia westports shipping

ICTSI continues investment into BGT at Port of Umm Qasr

February 8, 2018 12:05 am Published by

International Container Terminal Services, Inc. (ICTSI) continues to invest in Iraq’s port sector. The company has begun its second phase investment in new container terminal infrastructure at its Basra Gateway Terminal (BGT) at the Port of Umm Qasr.

The phase …

Umm Qasr Port in Iraq

India’s BMCT is set to begin operations February 2nd, 2018

January 30, 2018 12:05 am Published by

Bharat Mumbai Container Terminals (BMCT) in Jawaharlal Nehru Port Trust (JNPT) is set to begin operations on February 2nd, 2018. It is the biggest single-container terminal built in India, and boasts record-high foreign direct investment (FDI).

The start of commercial …

jawaharlal nehru port terminal india

DP World and NIIF commit $3 billion to finance India shipping

January 23, 2018 12:05 am Published by

DP World and the National Investment and Infrastructure Fund (NIIF) have created an investment platform to finance ports, terminals, transportation, and logistics businesses in India. The initiative will invest up to $3 billion of equity to acquire assets and develop …

indian foreign investment