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Author Archives for Pacific Tycoon

About Pacific Tycoon

As stocks, bonds and currencies disappoint investors, shipping container investments from Pacific Tycoon continue to offer dependable investing alternatives.

ukraine shipping and trade

UK Has Become One of Largest Foreign Investors in Ukraine

April 19, 2017 12:05 am Published by Comments Off on UK Has Become One of Largest Foreign Investors in Ukraine

During an official visit to the UK, the President of Ukraine met with representatives of the United Kingdom's business circles to speak about the introduction of reforms in Ukraine over the past three years, and the main results they have …


an agreement

MPC Container Ships Raised $100 Million For Container Ships

April 18, 2017 12:05 am Published by Comments Off on MPC Container Ships Raised $100 Million For Container Ships

The container shipping industry is witnessing a recovery, with freight rates above 2016 levels and charter rates trending upward in the first quarter of 2017. To address the rising demand, MPC Capital has established MPC Container Ships and raised $100 …


shipping industry greece

Greece Wants Better Offers For Thessaloniki Majority Stake

April 17, 2017 12:05 am Published by Comments Off on Greece Wants Better Offers For Thessaloniki Majority Stake

Greece has asked for better financial offers from the three companies bidding for a majority stake in the port of Thessaloniki. Parties interested in the country’s second-largest container hub include P&O Navigation (DP World), International Container Services, and Terminal Link …


china shipping container lines company

China Shipping Companies Investing Billions in Global Ports

April 13, 2017 12:05 am Published by Comments Off on China Shipping Companies Investing Billions in Global Ports

To control one of the world’s busiest trade loops and ease the movement of Chinese goods, Chinese state-run shipping companies – like Cosco Group and China Merchant Holdings International – are investing billions of dollars in ports worldwide.

According to …


an agreement

Crowley Isla Grande Terminal Receives 3 Ship-to-Shore Cranes

April 12, 2017 12:05 am Published by Comments Off on Crowley Isla Grande Terminal Receives 3 Ship-to-Shore Cranes

Three new, ship-to-shore cranes, constructed in Ireland, were delivered to Crowley Puerto Rico Services' Isla Grande Terminal in San Juan. The cranes are an important part of the $130 million Crowley is investing in infrastructure improvements to its Isla Grande …


investing partnership

PO Ports Wins 30-Year Concession For Bosasso Port Project

April 11, 2017 12:05 am Published by Comments Off on PO Ports Wins 30-Year Concession For Bosasso Port Project

P&O Ports,owned by the Dubai Government, has won a 30-year concession for the management and development of a multi-purpose port project at Bosasso, in the Puntland State of Somalia. The approximate investment for the modern multi-purpose facility will be USD …


adani ports in india

Adani Group Will Set Up a New Container Port In Malaysia

April 10, 2017 12:05 am Published by Comments Off on Adani Group Will Set Up a New Container Port In Malaysia

Hinting at an ambitious global expansion, the $12 billion Adani Group plans to set up a container port and an integrated maritime city in Malaysia.

The company's port arm, Adani Ports and Special Economic Zone Ltd (APSEZ), will begin a …


suez canal egypt

Egypt Officials Believe Suez Canal Will Eventually Pay Off

April 7, 2017 12:05 am Published by Comments Off on Egypt Officials Believe Suez Canal Will Eventually Pay Off

Egypt has undertaken a $8.2 billion project to upgrade the Suez Canal by deepening the main channel, building a 35 kilometer parallel waterway, as well as an additional 37 kilometers of auxiliary channels.

The intention of the project was to …


shipping port in mexico

Mexico Investing $5 Billion Into Infrastructure at 117 Ports

April 6, 2017 12:05 am Published by Comments Off on Mexico Investing $5 Billion Into Infrastructure at 117 Ports

Despite President Trump’s threat to withdraw the United States from the North American Free Trade Agreement (NAFTA), Mexico is investing $5 billion into port infrastructure at its 117 ports.

It’s all about building infrastructure to respond to the demand of


mitsui osk shipping lines

MOL Predicts A Return To Profitability In 2017 And Beyond

April 5, 2017 12:05 am Published by Comments Off on MOL Predicts A Return To Profitability In 2017 And Beyond

Despite the horrendous losses suffered throughout the container shipping industry in 2016, MOL is predicting a "return to profitability" in 2017 and beyond. Two factors will contribute to this: the integration of Japan’s “Big 3” container lines and the company's …