Manila-headquartered International Container Terminal Services, Inc. (ICTSI) has handled increased box volumes for 2018 over the previous year, thanks to higher trade activities.
Seattle-based SSA Marine, a division of Carrix a global multimodal transportation Group, and the Jacksonville Port Authority (Jaxport), in Florida, have signed a long-term agreement for the development and operation of a $238.7m international container terminal.
Hutchison Port Holdings Trust (HPH) Trust has recorded a marginal dip in total throughput for 2018 over 2017, though volumes for Yantian International Container Terminals (YICT) posted growth on the back of higher US and transhipment cargoes.
Terminal operator DP World saw container volume growth slip to 1.9% last year to handle 71.4m teu, with throughput at its home base in the UAE declining.
China’s Shanghai International Port Group (SIPG) retained its top position as the world’s busiest container port for the ninth consecutive year.
Cosco Shipping Ports Limited announced that, COSCO-HIT Terminals (Hong Kong) Limited (CHT), Asia Container Terminals Limited (ACT), Hong Kong International Terminals Limited (HIT) and Modern Terminals Limited (MTL) entered into a Hong Kong Seaport Joint Operating Alliance Agreement to collaborate for the efficient management and operation of the 23 berths at Kwai Tsing port, Hong Kong.
Belgium’s Antwerp port has confirmed a need for additional container handling capacity as the port concluded 2018 with expected growth in all types of cargo.
DP World announced it has achieved growth in diverse fields for its global business portfolio through investments and acquisitions worth $3bn and extended support to environmental initiatives across the globe during 2018.