Adani Ports to operate CT2 at Dar es Salaam Port
NewsAIPH has signed a 30-year deal with the Tanzania Ports Authority to manage Dar es Salaam’s Container Terminal 2, which handled 820,000 TEU in 2023.
Hutchison Port Holdings (HPH) has posted a 35% drop in profit for the first six months of 2009, the biggest decline in at least eight years. The world’s largest container port operator saw pre-tax earnings drop to HK$4.49B (US$575M), while revenues fell 21% to HK$15.6B.
Trade will likely “recover slowly, presenting a continuing challenge to full-year earnings,” Hong Kong-based parent company Hutchison Whampoa said.
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This complete item is approximately 200 words in length, and appeared in the August 2009 issue of WorldCargo News, on page 8. To access this issue download the PDF here.
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