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Day: November 28, 2010

CMA CGM Strikes $500 Million Investment Deal

Container line CMA CGM announced an agreement Thursday with Turkey-based investment firm Yildirim Group that will push $500 million into the debt-ridden French carrier. Yildirim will take a 20 percent stake in CMA CGM while the...

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Is Sending Wyoming Coal to China Smart Economics?

Some observers are warning that as Beijing clings to more coal to construct its new economy, America may become a key provider of the fuel source—at its own economic peril. “Given U.S. coal resources and the absence of a...

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Punta Colonet Mega-Port to Launch in 2011

Says Mexico’s Secretary for Communications & Transportation The Mexican government will finally launch in 2011 the tender for construction of the long-delayed mega-port at Punta Colonet, on the country’s Pacific Coast,...

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