Revenue stability and capex plans are the main drivers of credit rating differences among Asia-Pacific ports, according to a new Fitch Ratings report. Leverage and debt structure also set apart the ratings.Revenue stability, due to strong volume or pri…
Fitch Bullish on Asia-Pacific Ports Read More »
Maurizio Aponte, executive director for Europe of the group Mediterranean Shipping Company (MSC) is stepping down.He will be taking up new responsibilities within the MSC family, effective 1 May 2019, said a press note. Maurizio is a relative of Gianl…
MSC Executive Director Maurizio Aponte Leaves Read More »
Australia’s Pilbara Ports Authority (PPA) has delivered a total monthly throughput of 50.3 million tonnes (Mt) for the month of March 2019, which was a 13% decrease compared to the same month in 2018.During March 2019, Tropical Cyclone Veronica closed …
Pilbara Ports Throughput Down by 13% Read More »
KA Petra, a Malaysian ship-to-ship (STS) transfer specialist, has signed a Heads of Agreement (HOA) with Hutchison Port Holdings to jointly develop the world’s largest STS transfer hub in the country.Under the terms of the HOA, KA Petra will have 70% i…
World’s Largest STS Transfer Hub Comes in Malaysia Read More »
Dutch maritime contracting company Van Oord has completed the installation of the offshore substation at the 269 MW Northland Power’s Deutsche Bucht offshore wind farm in Germany`s Exclusive Economic Zone.The supersize substation with a 2,700-tonnes to…
Van Oord Completes Deutsche Bucht Offshore Installation Read More »