Maritime

FreightWaves Staff Friday, July 26, 2019

Competition watchdog worries over USD$248 million sale of liquids terminals

Australia’s competition watchdog, the Australian Competition and Consumer Commission (ACCC), has expressed competition fears over the acquisition of the wharf-side GrainCorp Liquid Terminals by independent bulk liquid storage company ANZ Terminals. The ACCC has formed a preliminary view that the potential sale would “substantially lessen competition”… and that’s the first step on the way to blocking the A$350 million (US$248 million) deal.

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Noi Mahoney Friday, July 26, 2019

Universal Africa Lines adds Port Houston to its liner service

The Netherlands-headquartered shipping line Universal Africa Lines (UAL) recently added Port Houston’s City Docks to its liner service that connects the Gulf of Mexico and Mexico with West Africa. UAL, which specializes in servicing the oil and gas industry and tailoring logistics solutions for clients shipping to difficult areas, will now offer up to three […]

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Chris Dupin Wednesday, July 24, 2019

DP World to build new container terminal in Indonesia

DP World (Dubai: DPW) said July 24 that it has reached agreement to create a $1.2 billion container port and industrial logistics port in East Java with the Indonesian conglomerate Maspion. The new terminal is to be located just a few miles from a containerport DP World had operated until this spring. The Maspion International […]

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