DP World announces 'transformative' expansion plan for Caucedo hub
Global terminal operator DP World is set to plough some $760m into its Caribbean transhipment ...
On the eve of the opening of the first phase of its new Vizhinjam box port, fast-growing Indian container terminal operator Adani is lining up a further $1.2bn investment to develop the second phase of the port, according to Bloomberg.
Vizhinjam was built as a transhipment alternative to the nearby Sri Lankan hub of Colombo, which has been subject to severe congestion since the onset of the Red Sea crisis, and which currently handles some 60% of India’s transshipment cargo. However, ...
Volume surge and an early peak season? 'Don't celebrate too soon,' warning
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