Latest news from Heavy Lift & Project Forwarding International Magazine

GT USA invests in Wilmington

GT USA, a subsidiary of UAE-based Gulftainer, is investing approximately USD600 million in the port of Wilmington as part of a 50-year concession agreement.

Plans for the deepwater port include the development of its all cargo terminal capabilities, while USD400 million is earmarked for a 1.2 million teu container facility.

www.gulftainer.com

www.portofwilmington.com


 

 

Heavy Lift | News

DP World commits to Kazakhstan thumbnail image

DP World commits to Kazakhstan

March 11 - Dubai-headquartered DP World has reaffirmed its intention to invest in new port and logistics infrastructure in Kazakhstan, following the signing of two framework agreements relating to special economic zones (SEZ) in Aktau and Khorgos.
Views: 1331
High five for Vladivostok thumbnail image

High five for Vladivostok

February 28 - The Commercial Port of Vladivostok, part of the Fesco Transportation Group, will receive five port cranes in 2020.
Views: 2188
Oaktree invests in Watco thumbnail image

Oaktree invests in Watco

January 9 - Oaktree Capital Management has formed a strategic partnership with Watco Companies that will see the Los Angeles-based private equity firm invest USD450 million in the Kansas-heaquartered transportation company.
Views: 3298

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