CM Ports completes Hambantota deal

Many liners avoid Middle Eastern ports East of Suez and opt for the Cape of Good Hope route to unload or load Middle Eastern cargo in Sri Lanka.

The trimodal hub, located in the Yvelines Département around 60 kms from central Paris, is aimed at serving the construction and civil engineering sectors in the Greater Paris/Seine Valley region in a cost-effective and environment-friendly manner

The Sri Lanka Ports Authority (SLPA) is to take delivery of cargo handling equipment worth more than US$282M in the next few months.

Works to provide direct access for barges to the Port 2000 berths in Le Havre are due for completion in 2026 and the immediate aim is to double container barge traffic on the Seine between HAROPA Le Havre and the Paris river terminals

The Port of Long Beach will receive US$283M from the federal government to assist in building what it calls “America’s Green Gateway”

Another new automated stacking crane module has been commissioned at DP World Antwerp Gateway; three more quay cranes are now operational and another nine hybrid straddle carriers have joined the fleet