Haifa blow for Turks

Germany’s richest man and estimated to be the 29th richest person worldwide with a wealth of US$39.1B, has disclosed that he has twice offered to buy the City of Hamburg’s 69% stake in HHLA

The government of Gambia has approved the establishment of a Special Purpose Vehicle (SPV) that will see the West African country’s main port of Banjul expanded and a new port developed at Sanyang village in the south.

Taiwan International Ports Corporation (TIPC) has concluded a long-term lease agreement with Seoul-based HMM for berths 76-78 at the port of Kaohsiung. The deal will lead to the South Korean carrier investing in new equipment and using the port as one of its primary Asia-Pacific operations centres.

DP World has signed a concession to develop, operate and maintain a new 2.19M TEU/year mega container terminal at Kandla in Gujarat on India’s western coast.

South African transport utility Transnet has announced that it will seek private sector involvement in operating the container rail corridor between Durban and Gauteng Province

Brazil’s Federal Audit Court (TCU) is set to approve privatisation of the Port of Santos, although it is expected to do so with certain provisos