Transnet names Grindrod preferred bidder to develop Richards Bay box terminal
The process of privatising South Africa’s container ports took another step forward this week when ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
Plans to introduce large-scale private investment in Brazil’s port sector – long overdue according to many carriers and shippers – have stut-stut-stuttered along since the government passed the necessary legislation back in 2012. The major obstacle was some 20 objections from the federal audit court, all but four of which have now been satisfied. Ports minister Antonio Henrique Silveira told Reuters that he expects 159 terminals to be leased to private operators this year, allowing the government to trouser a cool $7bn.
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