The Port of Durban is expected to re-open at midday on Thursday after surveys to assess damage from Tuesday's storms that left three vessels grounded and sank a floating dock.
Ports having to deal with mega-vessels potentially have to face all the challenges but with little of the upside from any increase in call size.
Three vessels that grounded in the Port of Durban have been refloated, including the containership MSC Ines that blocked the entrance to the port. However, port operations remain suspended.
Abu Dhabi Ports announced it would acquiring three tugboats from Sanmar and Damen last week at Seatrade Offshore Marine & Workboats Middle East 2017.
Ince & Co, as one of the leading proponents of China's expansion through its Belt and Road Initiative (BRI), has early this year set up a Port & Maritime Infrastructure Group and partner in the Hong Kong office Rosita Lau has been appointed the lead partner for Great China.
International Container Terminal Services Inc (ICTSI) has sealed a deal for 25-year operating concessions for two international ports in Papua New Guinea (PNG), local reports said.
Discounting the short-term impact of major customer CMA CGM moving to Singapore as part of the container industry realignment, Malaysian Transport Minister Liow Tiong Lai believed that with two out of the three major alliances operating in Singapore, shipping lines would find it more challenging to operate there, especially on the transhipment trade, local media reported.
Hong Kong's Hutchison is about to be hit elsewhere in the group, as disgruntled workers at its Jakarta International Container Terminal (JICT) unit threaten to hit its Watsons chain of health and beauty shops.
European Commission President Jean-Claude Juncker’s 13 September call for “investment screening” has raised new concerns in Athens as the country battles to meet the demands of its European creditors through the privatisation of state-owned commercial organisations.