AGP Executive Report
Last update: 6 hours agoGlobal Expansion: AD Ports Group completed its $835 million acquisition of Brazil’s CLI, adding two major agricultural export terminals and giving the UAE-based operator its first strategic foothold in South America. DP World also opened a 10,000-square-metre distribution centre in Thailand, linking manufacturers with Laem Chabang Port. Rail Investment: Saudi Arabia Railways secured deals for 10 passenger trains, 33 freight locomotives and 782 freight wagons to expand capacity. Shipping Risks: Conflict and sanctions are disrupting Gulf trade: Strait of Hormuz traffic has plunged, while rising shipping costs are pricing some U.S. oil out of Asian markets. Greener Trade: India and the EU launched an industry coalition to advance a green shipping corridor, as Malaysia’s maritime sector also faces calls to accelerate its transition.
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