Spot rates on transpacific surge after news of tariff time-out
Container freight spot rates shot up on the transpacific trades this week, with an immediate ...
MSC’s terminal operating arm Terminal Investments Ltd (TIL) is set to plough more than €1bn into a new box facility at its west Mediterranean hub of Valencia.
Late last week the port authority of Valencia made public MSC’s bid to operate the port’s fourth container terminal – the sole bid that the port received for the project.
It said MSC had pledged to invest a total of €1.01bn in the project, which will be constructed in three phases, with the first taking ...
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