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.
Trade at the Port of London rose 11% last year to exceed 50m tonnes for the first time since 2008, reports the Port of London Authority, with volumes of oil, containers and building materials all showing marked improvement. The strong result follows several years of 2-3% growth.
A seaport project proposed by the Zamboanga City Special Economic Zone and Freeport Authority (ZamboEcozone) in the Philippines' troubled southern region has been granted funding for a feasibility study, the Public-Private Partnership (PPP) Center was reported as saying by local media.
Cosco Shipping Ports and CMA Terminals Holding have signed a memorandum of understanding (MOU) in Shanghai to reinforce their strategic cooperation on port operations and investments.