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Port & Logistics

Hong Kong port's container throughput continued to slide in May, falling 10.5% to 1.84m teu from 2.06m teu in the same period the year before.
The $10bn Angola LNG project has finally shipped its first LNG cargo to Brazil, 18 months behind schedule.
Nicaragua National Assembly has given final ratification of its agreement with HKND Group to develop a new canal in the country.
Singapore port moved more container boxes in May as throughput rose both year-on-year and month-on-month, according to preliminary estimates from Maritime and Port Authority of Singapore (MPA).
Commodities trading firm Gunvor Group has partnered with Oiltanking GmbH to construct a greenfield terminal, Oiltanking Karimun, on Karimun island, Indonesia.
Hamburg Süd will launch a new South Africa – Argentina/Brazil (SABR) service from July 2013 in cooperation with Nile Dutch.
China Merchants Holdings (International) (CMHI) has finalised the purchase of a 49% stake in Terminal Link from CMA CGM for approx. $531m.  
Colonel George Tomline, a bevy of Victorian ladies, a steam locomotive and a vintage car all put in an appearance alongside acrobats, roller skaters and a robot at the royal…
NLI solutions has revealed a new design for a large-volume LNG Bunker Barge, capable of holding up to 4000 cu m of LNG.
Singapore-based oil trader and tanker owner Hin Leong has an ambitious plan to invest more than $3bn to build oil terminals and distribution facilities in emerging Asian markets, reports said.
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