News in Numbers

$20bn

French shipping company CMA CGM Group has announced a $20bn investment to enhance the US maritime economy and transform the nation’s supply chain infrastructure over the next four years.

$2.54bn

India’s Adani Ports and Special Economic Zone has announced plans to acquire 100% interest in Abbot Point Port Holdings from Carmichael Rail and Port Singapore Holdings for A$3.97bn ($2.54bn).

$760m

DP World has signed a non-binding memorandum of understanding (MoU) with the Dominican Republic government, pledging to a $760m investment aimed at enhancing the Port of Caucedo and its Free Trade Zone.

$250m

Congo Terminal, a subsidiary of Africa Global Logistics, has secured a financing agreement worth €230m ($250.7m) to expand the container terminal at the Autonomous Port of Pointe Noire (PAPN) in the Republic of the Congo.

$72.5m

Maritime technology company Orca AI has announced the successful completion of a $72.5m Series B funding round to enhance its autonomous shipping solutions. The investment was led by Brighton Park Capital, with contributions from existing investors, Ankona Capital and Hyperlink Ventures.