DP World to invest $800m in Syria's Tartus port with 30-year BOT deal
DP World has confirmed its entrance into the Syrian market, yesterday signing a 30-year concession ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
The announcement from the port of Antwerp yesterday detailing its reasons for allowing its biggest containerline customer MSC to transfer its contractual terminal arrangements from inside the lock to the outside facility at Deurganckdok has been followed by a short welcoming response from the Geneva-headquartered carrier.
Although brief, the press release from MSC makes clear it has been “constrained” in recent years by the capacity limitations of the old MSC Home Terminal at Delwaidedok.
Considering that MSC’s throughput at Antwerp in 2013 was over 4.5m teu – more than half of the total number processed by the port – the carrier says it has ambitions for the extra 4m teu capacity available at its new home to be called MSC PSA European Terminal [MPET].
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