COSCO SHIPPING Ports buys stakes in two Xiamen firms
SHANGHAI : COSCO SHIPPING Ports confirmed the completion of the acquisition of 56% of the equity interest in Xiamen Haicang Free Trade Port Zone Company and 30% of
Spot rates for Shanghai container exports fall on all routes
SHANGHAI : Freight rates for container exports from China continued to decline in the eight week of the year despite transportation capacity adjustments. According to the Shanghai Shipping
Port of Antwerp-Bruges to strengthen relations with India with Roadshow in March 2023
MUMBAI : March 2023 Port of Antwerp-Bruges visits Delhi, Mumbai and Chennai to renew the ties between the port, Indian officials and the captains of industry of various
PIL supports Port Klang’s community donations to Turkey and Syria quake victims
KUALA LUMPUR : With Port Klang as an important gateway port in Asia, PIL is pleased to support its community contribution towards the victims of the Turkey and
Ports of Halifax and Hamburg sign agreement to develop “Open Innovation Platform”
HAMBURG : The two port authorities of Hamburg and Halifax have officially inked a memorandum of understanding (MoU) to set up a joint maritime innovation network platform. Jens
Kenya Ports Authority digitalises cargo processing services
KENYA : To meet the administration’s goal of turning paperless in its operations, the Kenya Ports Authority (KPA) has moved its cargo handling services to the government site
‘Haifa set to be Adani Ports’ biggest revenue generator outside India’
HAIFA : Israel’s strategic Haifa Port will be Adani Ports & SEZ’s (APSEZ) biggest revenue generator outside India, a senior executive said. APSEZ is also building an incubation centre at the port
Port of Montreal to invest over US$245 million in infrastructure projects
QUEBEC (CANADA) : The Port of Montreal has decided to spend over US$245 million (CA$335 million) in its new five-year investment strategy for infrastructure on Montreal Island. These
Empty containers accumulate in Chinese Ports, highlighting weak demand
SHANGHAI : Within a space of a year, the catch-phrase in the liner industry has gone from “containers are hard to come by” to concerns of a container
Haifa Port is going to be Adani Ports’ biggest revenue generator outside India
HAIFA : Israel’s strategic Haifa Port will be Adani Ports & SEZ’s (APSEZ) biggest revenue generator outside India, a senior executive said. APSEZ is also building an incubation centre at the port