Port & Logistics

Good revenue flows from some of its overseas terminals helped Philippines-based port operator International Container Terminal Services Inc (ICTSI) to a 5% rise in net profit for the first nine…
The world’s largest container line, Maersk Line, was back in the black in Q3 despite the impact of a cyber attack, but APM Terminals fell into the red as overcapacity…
Former Maersk and Damco senior executive Thomas Knudsen is moving to Toll Group to head up its global forwarding division based in Singapore.
The Singapore authorities are continuing their clampdown on errant bunker suppliers with Transocean Oil the latest to lose its bunker supplier and bunker craft licenses.
A move to waive the accreditation fee for new logistics firms at Subic Bay Port is seen boosting volumes and port utilisation there and also helping to ease volumes and…
Cosco Shipping Ports (CSP) has signed an agreement to lease a container freight station from Abu Dhabi Ports Company, the owner and operator of ports in Abu Dhabi, the company…
Terminal operator DP World sees huge trade potential in Africa and believes public private partnerships (PPP) are the route to progress.
Malaysian shipping company MISC continues to divest non-core assets, disposing of its 25% stake in Trans-Ware Logistics (TWL), a Sri Lanka joint venture.
NYK is aiming to take over 100% ownership of Yusen Logistics with a JPY25.6bn ($224.8m) offer for the shares in the company that it does not already own.
Underscoring Singapore's commitment to R&D in the maritime sector the Singapore Maritime Institute (SMI) and Nanyang Technological University (NTU) are launching a new SGD15m ($11m) research centre.
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