Ports & Logistics
Abu Dhabi Ports issues $1bn bond
(Posted on 29/04/21)Abu Dhabi Ports, rated A+ (stable) by S&P and A+ (stable) by Fitch, has successfully issued US$ 1 billion 10 year bonds (“The Notes”) under its recently established Euro Medium Term Note Programme (“EMTN Programme”), to be jointly listed on the London Stock Exchange (LSE) and Abu Dhabi Securities Exchange...
Incoming BPA Chair praises port resilience
(Posted on 29/04/21)The British Ports Association’s (BPA) Annual General Meeting and briefing session held today, 27 April 2021, was headed by the newly elected BPA Chair Neil Glendinning.Mr Glendinning, Chief Executive of Harwich Haven Authority, praised the ports industry for their steadfast and resolute work throughout the Covid-19 pandemic...
Yemeni ports in bad shape
(Posted on 26/04/21)Port capacity in Yemen has been greatly reduced by the war raging there. As a result, the supply of basic needs such as food, medicines and fuels is becoming increasingly difficult and expensive. This is according to a damage and capacity analysis of the port infrastructure and operations carried out by the Port of Rotterdam Authority...
South Louisiana rail storage project completed
(Posted on 26/04/21)The Port of South Louisiana is pleased to announce that the construction of a six-track rail yard in St. Charles Parish is now complete. The rail yard, located at SoLaPort, a port-owned property on the west bank of the Mississippi River, is configured to accommodate between 250 and 350 rail cars exclusively for Dow Chemical that...
Imperial to sell South American shipping business
(Posted on 20/04/21)The board of Imperial, an African focused provider of integrated market access and logistics solutions, has announced that it has entered into an agreement for the sale of its South American shipping business to Hidrovias do Brasil S.A., an independent integrated logistics provider focused on waterways logistics services in Latin...
Thirteenth consecutive monthly grain record for CN
(Posted on 15/04/21)Despite challenging conditions, CN and its supply chain partners have delivered exceptionally during Q1 to help supply the world with Canadian grain.The rail operator, which safely transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year, has announced...
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