Ovet strikes costly labour deal

Bulk Terminal Zeeland was shut down by a mayor for suspected large-scale drug trafficking, leading to bankruptcy and the arrest of three directors.

Bulk Terminal Zeeland has been declared bankrupt after shutting down due to drug trafficking suspicions and being granted a moratorium on payments.

Authorities in Vlissingen ordered Bulk Terminal Zeeland to close for 12 months due to alleged long-term involvement in international drug trafficking.

The new Port of Jazan City for Primary and Downstream Industries includes facilities for containers, dry bulk, liquids and general cargo.

The port will use a US$12.6M grant to add a third berth for bulk cargoes at its Port Redwing facility.

ABP has concluded a new, long-term agreement with the UK’s largest independent producer of sand and gravel.