CMA CGM has sealed a deal with India’s Adani Ports and Special Economic Zone (APSEZ) to develop a new container terminal at Mundra port, marking CMA CGM’s first port investment in India.
APM Terminals Yokohama has topped JOC's productivity table with 163 container moves per vessel hour (MPH), sharing the top spot with Tianjin Xingang Sinor Terminal.
The Malaysian government has clarified that it is still looking for a suitable location to expand Port Klang’s capacity, and that both the existing port operators, Westports and Northport, would be given the first right of refusal to develop a third terminal, local reports quoted sources as saying.
Lazaro Cardenas Container Terminal (LCT), operated by Hutchison Port Holdings (HPH), has completed its second phase expansion at a total cost of $225m following the arrival of two new STS super post-panamax cranes and five additional gantry (RTG) cranes.
Sri Lanka’s Hambantota port is aiming to offer bunker prices at the “lowest possible rate” in the region when it commences bunkering operations by the middle of June, reports said.