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.
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.
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.