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Yangzijiang acquires 34% stake in Tsuneishi Zhoushan shipyard
The private Chinese shipyard Yangzijiang Shipbuilding has entered into a joint venture agreement with Tsuneishi Holding to acquire a 34% equity stake in Tsuneishi Zhoushan Shipbuilding.
CMA applies PSS
CMA CGM applies PSS from Indian Subcontinent, Middle East Gulf, Red Sea, Egypt to USEC and US Gulf
DSV to acquire DB Schenker for $15.9bn
Danish logistics group DSV has agreed to acquire Germany’s DB Schenker in the group’s largest ever acquisition.
MSC adjust EOS
MSC adjusts emergency operations surcharge for West Med, Adriatic and Israel to America trade
APSEZ signs 30-year deal to develop new berth at Deendayal Port
Adani Ports and Special Economic Zone (APSEZ), India’s major port developer and operator, has entered into a concession agreement with Deendayal Port Authority (DPA) to develop Berth No. 13 at Kandla’s Deendayal Port in Gujarat, India.
AD Ports invests US$114 million in new cranes at Congo and Angola terminals
AD Ports Group has awarded contracts exceeding US$114 million to Shanghai Zhenhua Heavy Industries (ZPMC) for the supply of six ship-to-shore (STS) cranes and 17 hybrid rubber-tyred gantry (RTG) cranes.