Greek businesses and Chinese scholars voiced confidence in the prospects of Sino-Greek cooperation in the context of the Belt and Road Initiative (BRI) during a forum in Piraeus, Greece’s largest port which in recent years has become a strong symbol of the win-win bilateral cooperation between the two countries.
China’s Guangzhou Port Group has acquired a 52.51% stake in Zhongshan Port & Shipping Enterprise Group for RMB500m as a start to a ports consolidation plan of Guangdong province.
Abu Dhabi Ports and China Cosco Shipping subsidiary, Cosco Shipping Ports, have inaugurated the $300m CSP Abu Dhabi Terminal at Khalifa Port in the UAE, an investment that ties the emirate into Beijing’s Belt and Road Initiative (BRI).
Mediterranean Shipping Company (MSC) has paid $630,625 in penalties to the California Air Resources Board (CARB) for violating the Ocean-Going Vessel At-Berth regulation.
The Maritime and Port Authority of Singapore (MPA) is continuing to boost innovations in shipping and port operations as its ongoing initiatives seek out new start-ups to develop new talent and ventures for the maritime sector.
The Ocean Network Express vessel ONE Columba has become the largest ever container vessel to call in Thailand.
The Port of Corpus Christi, Texas, will get $59m additional funding from the US Army Corps of Engineers for its channel improvement project bringing the total federal contribution to $95m.
Taiwan’s seaports will enforce the use of 0.5% sulphur content fuel from 1 January 2019, ahead of IMO’s Marpol Annex VI global regulation from 2020, the Club Correspondents Pro-Marine Law Office in Taipei has advised.
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Cosco Shipping Ports (CSP) is adding two more berths to its joint venture terminal in Singapore with PSA Corp.