The Chinese city of Nantong is to develop a new port area Tongzhou Wan to strengthen its container cargo handling capacity.
China Communications Construction Company (CCCC) announced that, China Harbour Engineering Company (CHEC), a subsidiary of CCCC, is to invest in the Laem Chabang Port Phase 3, terminal F project in Thailand.
Paris-headquartered broker BRS has acquired the Colombian international shipbroking company Amazonas Shipping SAS.
The state owned Shanghai Zhenhua Heavy Industries (ZPMC) leading Chinese heavy equipment manufacturer, has announced it is to set up in Fuzhou, Fujian province to expand its business.
In what is becoming so common in Greece these days, good news is often clouded by bad news. China’s Cosco-run port of Piraeus had no sooner announced its goal of handling 5m teu annually is on the horizon after a record-breaking performance in 2018 at the port's three container piers, than it was dealing with allegations of fraud against its clients.
Malaysian terminal operator Westports Holdings is continuing to make plans for expansion, with the acquisition of a 154.2 hectare piece of leasehold land in Pulau Indah from the Selangor State Development Corp for MYR116.2m ($29.6m).
Qatar's Nakilat and Maran Ventures are adding another two LNG carriers to their joint venture.