CK Hutchison has kept silent on the sale but defends the move via a column on news website using a property agent’s byline, says the agent A sale by Hong Kong-based CK Hutchison of its overseas ports, including two in Panama, to a BlackRock consortium continues to stir debate as to its eventual outcome. China… Read More
Planning Adviser Dr Wahiduddin Mahmud on Sunday criticised the Payra Sea Port project as a ‘poisonous boil for the country’s economy,’ lamenting that no one had highlighted the lack of feasibility for a river port without annual dredging and the unlikelihood of establishing a seaport in its initial stage. “This sort of project that reaches… Read More
In the port of Scheveningen, Baggerbedrijf De Boer carried out maintenance dredging work on behalf of the Municipality of The Hague for two weeks in September 2024. Ewout Vrolijk, supervisor at Baggerbedrijf De Boer, emphasises the importance of this work: “We are now in the fifth year of this contract with regular maintenance dredging work…. Read More
The U.S. Trade Representative is gearing up for hearings this week on the proposed port fees targeting Chinese vessels. Industry and maritime executives are expected to detail the adverse effect the levy would have on the U.S. economy and global trade as a whole. The proposal could spell further uncertainty for global shipping following multiple rounds… Read More
The Port of Seattle recently signed an agreement with BNSF Railway Co. to acquire a 42-mile rail corridor in King and Snohomish counties for $107 million. King County — which plans to develop a trail on 32 miles of the corridor — is contributing $2 million toward the purchase price. The northern portion of the corridor will… Read More
