Thailand is seeking investors for a $28 billion landbridge across the Isthmus of Kra which would allow shipping bypass the busy sea route of Malacca Straits, reviving the centuries old Kra Canal project.

China’s new international land-sea trade corridor has handled container volumes of over 700,000 teu for intermodal transportation to date.

Danish logistics provider DSV has set up a $10 billion joint venture with NEOM, the Saudi future city Giga project.

Investment firm Stonepeak is expanding its investments in shipping-related businesses, announcing a deal to acquire Textainer Group for $7.4 billion.

DP World will invest up to $1BN in the Dar es Salaam Port upgrade during the concession period, alongside hinterland logistics projects.

The Chinese shipping giant COSCO Shipping Group has invested RMB79 billion in the development of Belt and Road initiative.

The Saudi Ports Authority (Mawani) and Saudi Global Ports (SGP) have inked a deal to build a Fully Logistics Park spanning over 1 million square meters at King Abdulaziz Port in Dammam, with an investment nearing one billion Saudi Riyals.

DP World has acquired CFR Rinkens, a specialised logistics service provider headquartered in Long Beach, California.

East Java Multipurpose Terminal (EJMT), International Container Terminal Services, Inc.’s (ICTSI) business unit in East Java, Indonesia, hosted a ground-breaking ceremony October 12, to showcase the development of a new state-of-the-art gateway...

Chinese automobile exports are booming with shipping and logistics providers forming new joint ventures and order vessels to meet the growth in demand.