Saudi multipurpose port inaugurated
NewsThe new Port of Jazan City for Primary and Downstream Industries includes facilities for containers, dry bulk, liquids and general cargo.
Higher transport revenue for Mozambique…
StandardThe profits of Mozambican rail and port operator Portos e Caminhos de Ferro de Moçambique (CFM) have jumped by a quarter over the past six months, continuing a recent trend. CFM’s total operating profit for financial year 2014-15 was MZN2.625B (US$75.2M), a rise of 41% on the 2013-14 figure. Apart from coal, the company also transports aluminium and grain. This contrasts sharply with the experience of most other stateowned rail and port companies in Sub-Saharan Africa, which generally rely on st
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