Brazil eyes China funds

DP World claims China Merchants “induced the government of Djibouti” to expel it from the country and has brought a lawsuit in Hong Kong. China Merchants has lost two appeals in its fight to have the case moved to the courts of Djibouti.

Liebherr Group has orders for two intermodal RMGs and has just placed another LPS 420 crane in the Russian market; four Vityaz double-lever cranes from SMM SevMorMontazh have recently been delivered to the same customer

APM Terminals in Los Angeles claims a container exchange record on a North American call.

The International Longshoremen’s Association has agreed a new 6-year Master Contract.

China Merchants Port Holdings has now handed over nearly US$1 billion for a 70% stake in Hambantota Port, one of the most expensive links in the Belt and Road initiative to date.

HES International has been taken over by American bank Goldman Sachs and Australia’s Macquarie Group. The Rotterdam-based dry and liquid bulk terminal operator has changed hands for €2B, according to Reuters