PM Terminals, a unit of Danish Maersk shipping company, plans to build a new terminal at Poti Sea Port in Georgia, with construction expected to start later this year 2022 with completion in 2024.
War in Ukraine has forced the re-routing of cargo out of the country, creating rapidly changing freight paths and new facilities, as companies see opportunities arise from the conflict.
In another clear sign that DP World is looking to link the supply chains across Europe, the Dubai-based company has signed an Memorandum of Understanding with Romania’s port of Constanta for a ro-ro and project cargo facility at the Black Sea port.