JUser: :_load: Unable to load user with ID: 51

Global port operator DP World has improved its 2015 financial results on higher container volumes moved, amidst uncertain market conditions.

A plan to reduce dwelling times at Indonesia's main port of Tanjung Priok by diverting traffic to three subsidiary ports in Banten to the west of Jakarta has met with a cool reception from industry players and officials, local reports said.

Oman’s Port of Salalah has signed a Memorandum of Understanding (MoU) for co-operation with Iran’s Shahid Rajaee and Chabahar Ports.

CMA CGM has become the first line to commit a fleet of ultra-large containerships (ULCs) to the transpacific trade.

The stop-and-start idea to build a port on the north coast of Java to relieve pressure on the main Tanjung Priok port looks like it has regained some impetus, with local reports saying the Indonesian government will soon revive development plans with Japanese financing.

DP World reports that chairman Sultan Bin Sulayem has agreed to take on the role of Group ceo as well, replacing Mohammed Sharaf who announced his retirement from the role late last month.

Malaysia’s Westports Holdings has improved its 2015 financial year results on the back of record container volumes, lower fuel costs and administrative expenses.

Guangzhou Port Group and Svitzer have inked a memorandum of understanding to set up a joint venture providing towage and related marine services at the southeastern Chinese port.

Manufacturer of shore power equipment Cavotec has jointly developed the world’s first combined induction charging and automatic mooring concept with Wärtsilä.

Taiwan’s main seaport Kaohsiung has posted a decrease in container throughput for 2015 compared to the previous year, according to figures from the local authorities.

Page 10 of 25