Qatar Navigation (Milaha) has reported a sharp fall in first half profit as the company attributed the reduced earnings on the protracted downturn of the marine industry across all sectors.
UAE’s Abu Dhabi port has officially inaugurated the $46m Delma port on the eastern side of Delma Island, setting the stage for the upgraded multipurpose port to handle cargo, passenger ferries and fishing vessels.
Contship Italia Group’s La Spezia Container Terminal (LSCT) is continuing to make progress on expanding its annual throughput capacity to 2.5m teu, significantly up from the current capacity of 1.4m teu, as the port is readying itself to welcome larger containerships.
Five top management officials of the Port of Tanjung Pelepas (PTP) are expected to be questioned over the release of a container with high-tech military radar equipment without following proper procedures, local media reported.
Maersk Line has affirmed that it is “open for business” after the group was hit by a ransonware attack on Tuesday, as its vessels “are sailing and loading cargo”, according to Robbert van Trooijen, Maersk Line Asia Pacific ceo.
Belgium’s Antwerp port has engaged technology firm T-Mining to work on a pilot project using blockchain technology to make container handling at the port more efficient and secure.
The Maritime and Port Authority of Singapore (MPA) has launched the first Smart Port Challenge 2017 (SPC 2017) on Monday as part of the port authority’s wider effort to develop innovation and push ahead with digital transformation.
Hong Kong-listed Qinhuangdao Port Co has projected a surge in net profit for its first half ended 30 June 2017 in view of the improving market conditions.