Carl Bentzel, President of the National Association of Waterfront Employers (NAWE), testified before the Office of the United States Trade Representative (USTR) during the public hearing on proposed tariff actions under the ongoing Section 301 investigation into China’s efforts to dominate the maritime, logistics, and shipbuilding industries. The hearing examined the economic and national security… Read More
DP World to inject $2.5 billion into global logistics operations in 2025 African priorities include ports in DRC and Senegal to expand regional footprint Strategy aims to compete with major operators and align with Emirati maritime goals Emirati port operator DP World has announced a $2.5 billion investment plan for 2025, targeting strategic infrastructure upgrades across its… Read More
The Northern Territory Government is taking action to maintain safe and reliable ferry services at Cullen Bay. Urgent maintenance dredging works are set to begin later this month. Minister for Infrastructure and Logistics Bill Yan said the expedited dredging project would safeguard the continued movement of more than 150,000 ferry passengers each year, particularly those travelling… Read More
By Federico Maccioni DUBAI, May 19 (Reuters) – Investcorp has entered an agreement to invest in the $550 million expansion of the Port of Duqm in Oman, the Middle East’s biggest alternative investment firm said on Monday, as it deepens investments in regional infrastructure assets. The firm’s infrastructure platform, Investcorp Aberdeen Infrastructure Partners (AIIP), will be a shareholder in the… Read More
President Donald Trump’s trade war polices may be in flux, with the U.S.-China tariff deal last week changing things radically. But there is unlikely to be a “deluge” of cargo coming from China to the U.S. And there will most likely be “lower inventory across a variety of retail sectors” in the run-up to the… Read More