Marco Nazarri joins throng of ex-Imperial managers to boost Duvenbeck Group
Freight forwarding veteran Marco Nazarri (above) has been appointed chief commercial officer (CCO) of German ...
Indonesia’s port development was dealt a blow last week when DP World announced it would not renew its only operating contract there beyond 2019.
Located on the northern shore of East Java, the 2.1m teu-capacity PT Terminal Petikemas Surabaya (TPS) is 49% owned by DP World, with the majority stake controlled by state-owned port company Pelindo III.
In a rare rebuke to the Indonesian authorities, the Dubai-based port operator said the terms offered to renew the concession were financially unacceptable.
A local source told The ...
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