Massive investments and not least dredging is needed in the Port of Gothenburg if the Swedish port is to maintain its status as Scandinavia's top container hub, notes a new OECD report. More direct container routes represent a crucial asset for the port.
Terminal operator DP World is not pleased with the conditions for a contract renewal in Indonesia and has thus opted to withdraw as operator of the terminal when the current contract expires in two years.
One of APM Terminals' largest investments, the acquisition of Spanish Grup Maritim TCB, has yet to bring in major gains. This is evident from the annual report for the Maersk family's investment company A.P. Møller Holding, which has had to cut its dividends in half after a tough year for the Maersk Group.
The world's ports have four major business opportunities that can help them grow and play a bigger role in the global society, says Olaf Merk, port expert at OECD. Read on to learn the four opportunities.
The world's presumably second-largest gas deposits are ready for export in Iran, on which trade sanctions are now being lifted. But there is a long way to go before the flow of gas will once again trade out of Iran, the carrier tells ShippingWatch. Lauritzen Kosan agrees.
The powerful US dockworker union ILWU has succeeded in slowing the development towards automation in Los Angeles and Long Beach. A new law holds that environmentally-friendly vehicles in the ports must not be fully automated or remote controlled in order to secure subsidies.