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China Cosco Shipping to Build, Operate Khalifa Port Terminal

November 7, 2017 12:05 am Published by

In 2016, Abu Dhabi Ports signed a 35-year concession agreement with the China-based Cosco Shipping to build and operate a terminal at Khalifa Port. The total investment in the terminal is approximately $400 million (Dh1.47 billion).

The construction and development …

khalifa shipping port uae

This Deal is The Largest Crane Purchase in SPA History

October 30, 2017 12:05 am Published by

With the number of ultra-large container ships visiting the port of Charleston expected to quadruple by the spring of 2018, the State Ports Authority's board of directors has approved a $69.5 million contract to buy more shipping cranes capable of …

port of charleston usa

Halterm Terminal Invests $10 Million Into New Equipment

October 25, 2017 12:05 am Published by

Halterm International Container Terminal, Eastern Canada’s only facility capable to handle Ultra-class container vessels (+10,000 TEU capacity), will extend its container and reefer handling capabilities over the next 12 months, with $10 million worth of new equipment.

These developments will …

liebherr sts crane investments

One Belt, One Road Project Causing Concerns Within The EU

October 9, 2017 12:05 am Published by

In his recent State of the Union speech, the European Commission President Jean-Claude Junker warned that foreign direct investment (FDI) in the European Union (EU) should be made "with transparency, scrutiny, and debate." Many believe the comment was directed mainly …

chinese investment china

Australian Ports Can Increase Economic Activity And Jobs

October 3, 2017 12:05 am Published by

Loosening shipping regulations at berths such as the Port of Townsville could rejuvenate regional economies. According to Ports Australia, the ability of international ships to move easily between Australian ports would result in increased economic activity and jobs, which would …

shipping containers at port in australia

Ports Invested Billions to Accommodate Bigger Container Ships

September 26, 2017 12:05 am Published by

In recent years, maritime facilities from New York to Miami – including the Port of Charleston – have invested billions of dollars into deepening harbors, super-sizing cranes, and constructing taller bridges, to accommodate a much bigger class of container ships. …

port of charleston usa