After posting an increased profit of $770 million for 2013, APM Terminals today explains that it wants to focus its infrastructure investments in mega-city areas, especially in the strategic West African market and in Latin American locations where middle-class populations are growing.
Togo officially launched yesterday the roll-out of a single window system that is meant to facilitate its international trade.
Liebherr today announced that it has been awarded a contract to supply four ship-to-shore (STS) cranes and 18 rubber-tyred gantry cranes (RTGs) to Transnet Port Terminals in South Africa.
The CMA CGM Group is to inaugurate tomorrow a second container platform in Dakar. The French shipping line says that the Terminal Conteneurs Dakar 2 (TCD2) will consolidate its position in Senegal, where its subsidiary Delmas has been present for eight years.
Cargotec yesterday announced that a Turkish construction services company has ordered a road-mobile Siwertell cement unloader which it intends to use at several sites along the Libyan coast.
Port specialists gathered last week in London to discuss the many investment opportunities in the African market and the associated challenges. “There is a capacity crunch coming, new ports are needed,” said Steve Cameron, marine director at RTI Forensics, as he opened the PFI conference.
Citadel Capital yesterday announced that one of its subsidiaries is launching a new container transshipment service on the Suez Canal, with river barges operating between the Port Said port and Sharq Al-Tafrea.
Philippine operator ICTSI has agreed to sell 25% of Lekki International Container Terminal Services LFTZ Enterprise (LICTSLE) to CMA Terminals, a wholly-owned subsidiary of the CMA CGM group.