Piraeus Port caught between a rock and a hard place
NewsPiraeus Port is currently navigating significant pressures from ongoing diversion of vessels around the Cape of Good Hope and union criticism over safety practices.
RZD Logistics, which is part of Russian Railways (RZD), is selling a controlling shareholding in RZD Business Asset (RZD BA), its multimodal container operator. Local market analysts have estimated the price of 50% plus one share in RZD BA at around RUB3.5B (US$57.56M).
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