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Ports

Singapore plans center for decarbonization

The Singapore Port Authority now supports a proposal to establish a center for decarbonization. The center will create a framework through which stakeholders can coordinate and implement solutions that can help reduce CO2 emissions in shipping.

DP World demands damages in port dispute

Port company DP World demands USD 210 million in compensation from the state of Djibouti in a dispute regarding the nationalization of a port terminal. The compensation will cover losses from 2018 to 2020.

Investor Blue Ocean Capital expects further consolidation in European ports

Blue Ocean Capital, investor in port infrastructure, sees a strong start to 2021 for the purchase and sale of ports and terminals, with expectations of further consolidation in Europe this year. However, bottlenecks and increasing unpredictability is a concern, says Managing Partner of the private equity fund.

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