AD Ports Group has announced the listing of its shares on the main market of the Abu Dhabi Securities Exchange (ADX). Trading is set to begin today (7 February), under the ticker symbol ‘ADPORTS’. Ahead of the listing, AD Ports Group raised AED4B (approximately US$1.089B) in new capital through aContinue Reading
Bad policies and the government’s failure to implement some policies that will boost the efficiency of the ports in the country have made Nigerian importers divert their cargoes to neighbouring ports. ANOZIE EGOLE looks at the implications this has been on the country’s revenue Although the Nigerian maritime industry isContinue Reading
Ivory Coast has completed construction of a second container terminal at its main port in Abidjan, paving the way for it to become a regional shipping hub, officials said late on Friday. Port authorities said the project cost about 596 billion CFA francs ($953 million) and was 85% financed byContinue Reading
With 38 of its 54 states being coastal or island states, it is no surprise that Africa is home to over 100 port facilities, including massive terminals in Durban, Port Elizabeth and Cape Town in the south, and Mombasa and Dar es Salaam in the east, and Lagos in theContinue Reading
The South African state owned port company Transnet has issued a request for information for the design, building and financing of a container terminal for the Richards Bay port in the province of KwaZulu-Natal. Containers are currently being handled at the multipurpose terminal, which has limited capacity. The request forContinue Reading
The first shipment of Russian fertiliser bound for Africa has left the Netherlands after days of wrangling to ensure it was not snagged by Western sanctions. Dutch and United Nations officials said some 20,000 tonnes of nitrogen, phosphorus and potassium (NPK) left on board the MV Greenwich from the southernContinue Reading
Showing off its 424 W3 wraparound case packer at PACK EXPO International, Somic Packaging also discussed its move to commission all North American machines from its headquarters in Minnesota. Somic Packaging showed off the advantages of retail-ready automation with its 424 W3 wraparound case packer at PACK EXPO International. But theContinue Reading
The Aquinox is the latest development from Xaar’s ImagineX platform, and its aQ Power Technology provides a new approach to how water-based fluids are jetted reliably, delivering a truly transformational industrial printhead. Xaar’s aQ Power is a combination of ground-breaking technologies designed to optimize the Aquinox’s lifespan and robustness when handlingContinue Reading
