APM Terminals Valencia Concession Extended to 2049
As reported by Seatrade Maritime, APM Terminals in Valencia has had its concession extended to the maximum duration of 50 years under Spanish port regulations, now lasting until 2049.
News articles mentioning identifiable ports
Seatrade Maritime
As reported by Seatrade Maritime, APM Terminals in Valencia has had its concession extended to the maximum duration of 50 years under Spanish port regulations, now lasting until 2049.
gCaptain
India is evaluating its options regarding its stake in Iran's Chabahar port, including a potential temporary divestment, as reported by gCaptain. This decision comes in anticipation of upcoming sanctions.
Seatrade Maritime
CMA CGM is planning to nearly double the capacity of the Gemalink terminal in Cai Mep, Vietnam, to 3 million TEU, as reported by Seatrade Maritime. This expansion aims to enhance the terminal's operational capabilities.
Splash247
CMA CGM, in partnership with Gemadept, has initiated expansion work at the Gemalink container terminal at Cai Mep port in southern Vietnam, as reported by Splash247. The expansion will increase the terminal's capacity from 1.7 million TEU to approximately 3 million TEU, with completion expected by 2027.
Seatrade Maritime
Seatrade Maritime reports that MSC has joined a joint venture to develop a transhipment port in Ho Chi Minh City. TiL has acquired a 49% stake in the Vietnam megaport project, aiming to enhance international transhipment capacity.
Splash247
AD Ports Group is set to expand into Eastern Europe following a framework agreement with National Company Maritime Ports Administration SA, as reported by Splash247. This partnership aims to explore investment opportunities at the Port of Constanța, focusing on both new and existing infrastructure.
gCaptain
As reported by gCaptain, numerous energy infrastructures, including refineries and ports, have been damaged due to missile and drone strikes in the Gulf region during the ongoing conflict with Iran. The article by Dylan Griffiths and Carlos Caminada highlights the significant impact on regional energy facilities.
Seatrade Maritime
Hambantota port in Sri Lanka is witnessing increased container and vehicle traffic as shipping lines divert from the Arabian Gulf due to regional conflicts, as reported by Seatrade Maritime. This surge is prompting the port to expand its capacity to accommodate the growing volumes.
Seatrade Maritime
The Jubail container terminal, operated by Saudi Global Ports Co, has commenced operations in the Gulf, as reported by Seatrade Maritime. This development marks a significant upgrade in Saudi Arabia's port infrastructure.
gCaptain
The Loadstar's analysis of the Tokyo MOU detention list reveals a significant increase in the detention of Panama-flagged ships by China’s Port State Control in March, compared to the previous months. This surge in detentions highlights a notable trend in maritime operations, as reported by gCaptain.