Ports & Logistics
Essar signs $2.4bn sale pact with AM/NS for infra assets
(Posted on 07/09/22)In one of the largest post-pandemic M&A deals in India, Essar today announced signing definitive agreements with Arcelor Mittal Nippon Steel (AM/NS) for certain Ports and Power infrastructure assets which are primarily captive to Hazira steel plant operations.The deal also envisages a 50-50 Joint Venture partnership, for building...
ABP signs new contract with ADM Fertiliser
(Posted on 07/09/22)Associated British Ports (ABP) has welcomes long term customer ADM’s fertiliser division to the Humber in a new contract.ADM Agriculture, one of the largest fertiliser suppliers in the UK, have signed a three-year extension agreement with ABP for the import, handling, bagging, and processing of fertiliser at ABP’s Bulk...
CP and KCS merger proposal receives US clearance
(Posted on 03/09/22)Canadian Pacific Railway Limited has announced that it has received the required regulatory clearance from the Committee on Foreign Investment in the United States ("CFIUS") for the proposed combination of CP and Kansas City Southern ("KCS").CP is a transcontinental railway in Canada and the United States with direct links to major...
Port of Mackay pulls ahead with new tug facility and trade record
(Posted on 03/09/22)The Australian Port of Mackay now boasts a new multi-million dollar purpose-built tug berth facility.Weipa, Abbot Point, Mackay and Hay Point trading ports all come under the care and authority of North Queensland Bulk Ports.The Port of Mackay recorded 3.6 million throughput tonnes, breaking the 2012-13 record of 3.3 million tonnes...
Newcastle NSW opens new bulk and container services capabilities
(Posted on 01/09/22)The Port of Newcastle, the largest deepwater port on Australia’s East Coast, has commissioned two new mobile harbour cranes as part the Port’s ongoing commitment to diversification and a sustainable future.The cranes were opened by Port of Newcastle CEO, Craig Carmody, and Macquarie Group Managing Director and Chief...
TBA elevates greenfield bulk cargo operations of TGN at Chilean port
(Posted on 25/08/22)Terminal Graneles del Norte S.A. (TGN) of Puerto Angamos in Chile has requested TBA Group to review and validate the planning of a greenfield area located close to TGN’s existing bulk pier. TBA Group is an established international logistics consultancy firm that provides software and services for ports, terminals, and warehouses...
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