#port-investment
(8 articles)Billionaires Invest $11.6M in Mombasa Cargo Facility
Kenyan billionaires Hatayan and Yerrow have announced an $11.6 million investment in a new cargo facility at Mombasa port, signaling intensified competition in East Africa's critical logistics hub. Th
Global Terminal Operators Boost Cargo Infrastructure Investment
Global terminal operators are accelerating investment programs in port infrastructure and cargo handling capabilities, signaling confidence in long-term trade growth and supply chain recovery. These c
MSC Acquires Majority Stake in Ukrainian Black Sea Container Terminal
Mediterranean Shipping Company (MSC) has acquired a majority stake in a Ukrainian container terminal on the Black Sea, marking a strategic expansion of its port infrastructure footprint in Eastern Eur
Major U.S. Logistics Firms Invest Billions in Warehouse and Terminal Expansions
Major logistics and trucking operators have announced substantial capital investments in U.S. infrastructure, signaling confidence in sustained freight demand and supply chain growth. Averitt, one of
ADB Invests $40M in Türkiye Maritime Logistics Upgrade
The Asian Development Bank has committed $40 million in financing to enhance Türkiye's maritime logistics infrastructure, representing a significant regional investment in port modernization and opera
CMA CGM Invests $820M in Mombasa Port Expansion
CMA CGM, the world's third-largest container shipping line, has committed $820 million to substantially upgrade and modernize the Port of Mombasa in Kenya. This landmark infrastructure investment sign
CMA CGM invests in Kenya transport logistics sector
CMA CGM, one of the world's leading container shipping companies, has announced plans to invest in Kenya's transport and logistics sector. This represents a strategic expansion by the French multinati
CMA CGM Invests in East Africa Freight Gateway Hub
CMA CGM, one of the world's largest container shipping lines, has announced backing for an East Africa freight gateway initiative, signaling major investment in regional port infrastructure and logist