CK Hutch Ports sale can be good for Beijing too
HONG KONG : Li Ka-shing’s Ports deal is shrewd in all respects except for the timing. Beijing has warned the Hong Kong tycoon’s CK Hutchison opens new tab against bypassing its antitrust probe on the $23
Most shipping lines can avoid US Port fees but Cosco faces major challenge
BEIJING : Container lines would have had no choice but to pay enormous US Port fees under the draft proposal. The final decision should allow most liner operators to avoid fees by redeploying ships.
PSA International weighs selling 20% stake in CK Hutchison’s ports business, sources
SINGAPORE : Singapore’s PSA International is exploring the sale of its 20 per cent stake in CK Hutchison’s ports business, two people with knowledge of the matter said, joining the Hong Kong conglomerate in
Ulsan Port Authority leads efforts on marine biofuel adoption as IMO regulations tighten
SEOUL : In a major push toward decarbonizing maritime logistics, President Jae-young Byeon of the Ulsan Port Authority (UPA) and Chief Executive Sun-bae Hong of the Korea Maritime Cooperation Center (KMC) jointly announced the
International Chamber of Shipping highlights strategic role of Suez Canal amid industry’s shift toward sustainability
ISMAILIA : The Suez Canal continues to stand as one of the most critical maritime corridors globally, reaffirmed Guy Platten, Secretary General of the International Chamber of Shipping (ICS), during the Suez Canal Authority’s
United States eases port fees on China-built ships after industry backlash
WASHINGTON : The Trump administration shielded on Thursday domestic exporters and vessel owners servicing the Great Lakes, the Caribbean and U.S. territories from port fees to be levied on China-built vessels, aiming to revive
MAWANI implements temporary ban on vehicle imports from 21 Automakers
RIYADH : The Saudi Ports Authority (MAWANI) has issued a temporary ban on vehicle imports from 21 automotive manufacturers for their failure to comply with regulatory requirements. The directive, prompted by the Saudi Standards,
Port of Antwerp-Bruges: Strong container throughput restricts downturn in an eventful first quarter
ANTWERP : In the first quarter of 2025, Port of Antwerp-Bruges handled 67.7 million tonnes of cargo, a drop of 4.0% compared to the same period last year. This decline was largely driven by