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Nippon Yusen Kaisha (NYK) has signed a joint venture agreement with Ports Development Company (PDC) to operate a ro-ro terminal at King Abdullah Port (KAP) in Saudi Arabia.

TSC Offshore has clinched three drilling equipment package contracts worth $52.22m from CSSC Huangpu Wenchong Shipbuilding Company, and established a new equipment manufacturing joint venture in China’s Jiangsu province.

Taiwan’s Wan Hai Lines and Transtotal Agencia Maritima have set up a joint venture firm in Lima, Peru to run shipping related operation and provide more direct, efficient services to customers.

APM Terminals and Colombian-based port and terminal operating company, Compañia de Puertos Asociados (Compas) have signed a joint venture agreement to manage and operate Compas’s existing multipurpose Cartagena Terminal.

China’s Qingdao Port International and towage and emergency response firm Svitzer have inked a cooperation agreement.

Taiwan’s state-owned CSBC Corp is looking to establish an overseas joint venture shipbuilding and equipment production facility in China as part of its long term growth plan, according to Wang Hai Taw, executive vice president of the company.

APM Terminals (AMPT), Bolloré Africa Logistics, and Ghana Ports and Harbour Authority jv Meridian Port Services (MPS) is building a new 3.5m teu port in Tema, Ghana, for $1.5bn.

Stolt-Nielsen Limited and Golar LNG today announced that they have entered into a joint venture to produce and distribute small-scale LNG.

Towage and emergency response firm Svitzer has ventured into the Malaysian market with the establishment of a new joint venture with Malaysia’s SVR Marine Services.

China Cosco Holdings and China Shipping Development Co (CSDC) have agreed to jointly establish a Singapore joint venture to focus on iron ore transportation business and other dry bulk shipping related work.

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