The Lekki Deep Sea Port is expected to play a significant role in trade and industrial activity. During a stakeholders meeting held in Lagos on Tuesday, the port’s Managing Director, Wang Qiang, stated that over the 45-year concession period, Lekki Port is projected to contribute $360 billion to Nigeria’s Gross Domestic Product and create approximately… Read More
Poland has revived plans for a major container port at Świnoujście, part of a 186 ha development known as Cape Pomerania, aiming to create the country’s second deepwater container hub after Gdańsk. The port will be able to handle the world’s largest boxships, strengthening Central and Eastern Europe’s links to global trade. The Deepwater Container… Read More
Red Sea Gateway Terminal (RSGT), Saudi Arabia’s national champion terminal operator, and CMA CGM Group, a global player in sea, land, air and logistics solutions, have signed through its fully owned subsidiary CMA Terminals, a Term Sheet for a potential joint venture to build and operate Terminal 4 at Jeddah Islamic Port. The planned Terminal… Read More
HOUSTON — Port Houston crossed the three million TEU mark in September, reaching 3,270,595 twenty-foot equivalent units (TEUs) year-to-date, the fastest pace in Port Houston’s history. Total container volumes are up 5% year-to-date compared to last year. “Three million TEUs and counting; this is the earliest we’ve ever reached that mark,” said Charlie Jenkins, CEO… Read More
The ports of Duisburg and Rotterdam are pressing ahead in their close cooperation: A new letter of intent (LoI) between the ports was signed today in the presence of Hendrik Wüst, Minister President of the state of North Rhine-Westphalia. With this, the two major European logistics hubs reinforce their goal of jointly developing sustainable transport… Read More
