Meridian Port Services, a joint venture of Ghana Ports and Harbors Authority (30%), APM Terminals (35%) and Bolloré (35%) has completed the second phase of Tema’s new outer harbour container terminal, bringing the quay
The 4,250 TEU “ZIM Kingston”, operated by ZIM and owned by Danaos Shipping, suffered a severe incident off the coast of Canada when two containers caught fire. At least 109 containers went overboard, two
Due to a shortage of available tonnage, rather than starting or extending their own operations, this year, CMA CGM and SeaLand Europe & Med/Maersk will work together in the seasonal Morocco-Europe trade. Their new
Cosco Shipping Ports will sell its 35% shareholding in Rotterdam’s Euromax Terminal to Linghang Holdings, a 51-49 joint venture between the stevedore and investor Silk Road Fund. This divestment comes after Cosco recently bought
This week’s DynaLiners Shares Index continued adjusting although only one sector index, DLSI Carriers, ended up with red figures. It lost more than six hundred points and nearly 14% to finish on 3,790 points.
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