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.
South Korea’s Busan Port Authority (BPA) is planning to build an integrated data centre aimed at making the port become more competitive with the use of logistics data analysis, reports said.
Fresh from gaining shareholders' approval for fully acquiring Penang Port, MMC Corp said it will focus on creating value for its port unit in the next one to two years before it considers listing its operations.
UAE’s DP World and India’s National Investment and Infrastructure Fund (NIIF) have signed a memorandum of understanding (MOU) to develop the logistics sector in India.
Singapore has clinched the top spot in Menon’s Leading Maritime Capitals of the World Report (Menon Report) for 2017, and the country is projected to remain well-positioned for the maritime industry up to 2022 and beyond.
China Merchants Group and Sinotrans & CSC Group have completed a strategic reorganisation with the latter becoming a wholly-owned subsidiary of the former.
China Cosco Shipping Corporation Limited (Cosco Shipping) has entered into a strategic partnership with China’s real estate developer Greenland Holdings Corp over assets investment and logstics development.