BEIJING – China’s top market regulator said on Sunday it was paying close attention to CK Hutchison’s (0001.HK), opens new tab planned sale of most of its ports operations to a BlackRock-led consortium and parties to the deal should not try to avoid an antitrust review. The sale by the Hong Kong conglomerate, which contains two… Read More
DUBAI, United Arab Emirates — Iran’s president on Sunday visited those injured in a huge explosion that rocked one of the Islamic Republic’s main ports, a facility purportedly linked to an earlier delivery of a chemical ingredient used to make missile propellant. The visit by President Masoud Pezeshkian came as the toll from Saturday’s blast… Read More
The Brazilian government is planning to offer a concession involving investment of 1bn reais (US$175mn) for the access channel to the Paranaguá and Antonina port complex in Paraná state during the second half of this year. The contract was approved by the audit court on Wednesday. “With the approval, the ports and airports ministry will launch,… Read More
China has denied engaging in any trade negotiations with the United States, contradicting statements made by US President Donald Trump on Friday. In a statement on WeChat, the Chinese embassy in Washington asserted that there have been no talks or negotiations regarding tariffs between the two nations, let alone any agreements. The Chinese foreign ministry… Read More
MUMBAI: Syama Prasad Mookerjee Port Authority (formerly Kolkata Port Authority) has secured approval from the government to build a barge terminal for handling container and dry bulk cargo at Balagarh island some 85 kms upstream of Kolkata as the state-owned port authority looks to shift a part of the cargo handled at Kolkata Dock System (KDS) to decongest Kolkata city roads. The project will be… Read More
