Following the heavy defeat in the British parliament for the Prime Minister Teresa May’s Brexit deal the British Ports Association (BPA) has urged the government to do “whatever is necessary to avoid a disorderly withdrawal from the EU”.

A majority-owned subsidiary of China Merchants Port Holdings Company has inked an agreement with affiliate unit Djibouti Asset Company to develop IT software and systems under a contract worth approximately $6.88m.

UAE’s Abu Dhabi Ports (ADP) has signed a $300m investment cooperation agreement with China’s Jiangsu Province to strengthen economic ties in the free trade zone (FTZ) area in Khalifa port, as part of China’s One Belt One Road (OBOR) initiative.

Free trade is at the top of the agenda for UK shipping and insurance business as the country votes to leave the EU.