Contship Italia Group, Italy’s container terminal and intermodal operator, posted a modest 1.7% increase in box handling volumes in 2016 compared to 2015.
Cosco Shipping Ports and CMA Terminals Holding have signed a memorandum of understanding (MOU) in Shanghai to reinforce their strategic cooperation on port operations and investments.
Cosco Shipping Holdings, the Shanghai and Hong Kong-listed unit of China Cosco Shipping Corporation Limited (Cosco Shipping), is expecting to record a net loss for the financial year ended 31 December 2016.
Container terminal operator PSA International saw its global container volumes rise 5.5% in 2016 driven by its business outside of its homebase Singapore, and its expects this year to remain tough.
As part of the Maersk’s “new direction” set out by ceo Soren Skou on Tuesday the relationship between Maersk Line and APM Terminals is set to change.
The world’s busiest port of Shanghai is poised to beat the container throughput of 36.54m teu it set in 2015, after it recorded throughput of 34.04m teu in the first 11 months this year.
Singapore container terminal operator PSA is warning shippers they have till 28 November to claim laden containers from bankrupt Hanjin Shipping.