Background of the Situation
The Strait of Hormuz, one of the world’s most critical maritime chokepoints, has faced severe disruption due to escalating conflict involving Iran, the US, and its allies. This route typically han…
- The Agreement: MSC has finalized a concession agreement lasting 45 years. This deal allows the shipping giant to invest in, build, and manage a dedicated container facility within the Snake Island Integrated Free Zone (SIIFZ)…
Global Container Terminals (GCT) is progressing its multi-year terminal enhancement initiative at Deltaport with the delivery of two additional ship-to-shore (STS) cranes. These new cranes are part of a CA$170 million investment in modern cargo ha…
Background of the Situation
The Strait of Hormuz, one of the world’s most critical maritime chokepoints, has faced severe disruption d…
- The Agreement: MSC has finalized a concession agreement lasting 45 years. This deal allows the shipping giant to invest in, build, and…
Global Container Terminals (GCT) is progressing its multi-year terminal enhancement initiative at Deltaport with the delivery of two additional ship-to-shore…
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