Port & Logistics

The discharge of undamaged containers from the fire hit Yantian Express has started in the Port of Halifax, Nova Scotia and is expected to take at least 12 days.
Container shipping and logistics giant AP Moller – Maersk remained in the red in Q1 with a $104m loss, although results were improved despite a weaker box shipping market.
Cosco Shipping Lines, the container shipping arm of Cosco Shipping Group, has launched a Ulanqab-Moscow rail link through a cooperation with Neimenggu Asia-Europe International Logistics Company.
Chinese port operator Zhuhai Port Group is to jointly develop shipping logistics and marine insurance solutions in the Greater Bay Area via the cooperation with EY and Insurwave.
The Sri Lankan cabinet is expected to meet today to ratify a tripartite deal with India and Japan for the operation and maintenance of the much-delayed East Container Terminal (ECT)…
The Panama Canal has announced it is postponing its latest and sixth draught reduction to 12 June following rainfall in the past week.
Nearly half of Bangkok Port is make way for retail megamall and other commercial developments as the Port Authority of Thailand (PAT) looks to regenerate the area.
China’s southwest province of Sichuan signed Memorandum of Understanding (MoU) with the Port of Rotterdam to jointly develop China-Europe multimodal transportation via Chengdu-Tilburg railway link.
Weak container volumes in the first quarter have seen analyst Alphaliner cut its global container throughput growth forecast for 2019 to 2.5% from 3.6%.
PSA International Ptd Ltd (PSA), the Polish Development Fund (PFR) and the IFM Global Infrastructure Fund (GIF), advised by IFM Investors, have completed the transaction to jointly acquire DCT Gdańsk,…
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