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.
DP World is introducing a world’s first intelligent high bay container storing system touted as the disruptive technology that will radically improve operations.
Singapore port container volumes have inched up in November compared to year-ago levels, putting the republic on track to achieve a historic high throughput this year.