Former Thailand Prime Minister Yingluck Shinawatra has been appointed as legal representative and chairwoman of Shantou International Container Terminal (SICT).
Ports having to deal with mega-vessels potentially have to face all the challenges but with little of the upside from any increase in call size.
Indonesia's Supreme Audit Agency (BPK) has suggested that there will be losses to the state amounting to $306m from the contract extension state-owned port operator Pelindo II gave to its partner Hutchison Port Holdings for the Jakarta International Container Terminal (JICT), local reports said.
The impact of the UK's vote to exit from the EU, or Brexit, is widespread and among the companies to be affected is top Hong Kong conglomerate CK Hutchison Holdings (CKHH), which has port interests around the world including in the UK.
The good cooperation between Cosco Pacific and Hutchison Port Holdings (HPH) continues with the former buying a 35% stake in Rotterdam's Euromax Terminal for EUR125.4m ($143.3m).
The terminals run by HPH Trust managed to outperform weak market conditions in 2015, falling just 1% to 23.9m teu from 24.2m the year before, it said in an announcement.
The latest changes in Indonesia's port policy could have wider reaching consequences for the big players with the Transportation Ministry raising the possibility of reviewing a controversial contract between Pelindo II and Hong Kong's Hutchison Port Holdings (HPH), local reports said.
Panama Ports Company (PPC), a subsidiary of Hutchison Ports Holdings that manages the terminals of Balboa and Cristobal on the Pacific and Atlantic entrances of the Panama Canal has announced it will pay dividends to the Government of Panama corresponding to year 2014, the first time since it began operations in 1997.