China is to invest $622 million for to develop the deepwater Port of Gwadar in Pakistan, Reuters reports. The investment in the strategically important port is part of a much larger $45.6 billion commitment China made this week to infrastructure projects across Pakistan.
The Port of Tema in southeastern Ghana, has secured funding for a $1.5 billion expansion, the country’s official news agency reports.
Logistics provider Broekman Distriport, in partnership with Norway’s Sea-Cargo, has announced plans to expand its terminal in the Port of Rotterdam by 50,000 m2. The upgraded facility will be used to increase goods traffic to and from Western Scandinavia.
Terminal operator DP World has announced a strategic partnership with China’s Qingdao Port Group to enhance port cooperation. The Strategic Framework Agreement signed between the two firms will aim to imoprove ties between respective operations in Qingdao and Dubai.
Technology developer Navis has commissioned its Navis N4 terminal operating system (TOS) at Terminales Portuarias (Terport) in Paraguay.
The Indian government has removed two warships from the Port of Kolkata following intelligence reports that terrorists may have plans to attack the site.