Industry Sectors:Port & Logistics
Port & Logistics
DP World has acquired an additional 23.94% stake in Pusan Newport Company Limited (PNC) in South Korea from Samsung Corporation & Subsidiaries.
Singapore, the world’s largest bunkering port, will enforce the use of mass flow meters (MFM) for bunkering operations from 1 January 2017, making it the first port in the world…
Belgium’s port of Antwerp will close 2016 with container throughput above 10m teu for the first time in the history of the port, according to Antwerp Port Authority.
The Port of Long Beach has approved MSC buy of a Hanjin Shipping’s 54% stake in Total Terminals International (TTI).
A London arbitration has ruled in favour of Navios in a dispute with Brazilian miner Vale over a contract for an iron ore terminal in Uruguay.
K Line is launching a new direct China – Vietnam – Indonesia container service.
King Abdullah Port (KAP) is set enter the first quarter of 2017 with an increase to 4m teu capacity.
In a move towards greater consolidation in the ports industry, essentially the two main container terminal operators in the port of Hong Kong, Hutchison Port Holdings (HPH) Trust and Cosco…