Terminal operators lining up for Bay Terminal
NewsAbu Dhabi ports is expected to sign a concession for part of the new Bay Terminal at the port of Chattogram; PSA and DP World are also expected to participate.
DP World in Russia…
DP World and the Russian Direct Investment Fund (RDIF) have launched a new joint venture company targeting ports, transport and logistics infrastructure in Russia. DP World Russia is owned 80% by DP World and 20% by RDIF and, according to the parties, could over time invest US$2B in upgrading Russian port facilities. The targets are marine, dry ports and logistics infrastructure in different parts of the country.
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