AGP Executive Report
Last update: an hour agoPort and Warehouse Investment: Adani Ports will buy European liquid-storage operator Evos for €2.56 billion, adding eight terminals across five countries to its global network. Malaysia has opened Daiso’s largest distribution centre worldwide near Port Klang, which handled a record 15.1 million TEU last year. Freight Costs: Maersk raised its 2026 outlook again as high rates and congestion squeeze capacity; Swire Shipping will increase fuel surcharges on selected routes from Nov. 15. Regional Infrastructure: Namibia has launched a $2.5 billion fuel-storage and pipeline project at Walvis Bay, aimed at supplying neighbouring countries. India’s port bottlenecks also persist after customs clearance, with inland links and shipping schedules identified as key delays. Trade and Security: Tensions around the Strait of Hormuz continue to threaten commercial shipping, while Iran says Indian vessels can pass freely. Singapore and Norway are funding joint research into cleaner, more efficient shipping.
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