Maersk has started the process of demerging its towage and marine services business Svitzer.

International Container Terminal Services, Inc (ICTSI) has won a 25-year concession to develop and operate the Iloilo Commercial Port Complex (ICPC) in Central Philippines.

The volume of containers handled by Panama ports fell 2.4% to 8.32 million teu in 2023 from 8.52 million teu a year before.

The Cargotec Corporation’s Board of Directors has approved a plan to demerge the business of Kalmar as a separate listed company.

Karachi Port Trust has signed a 25-year concession agreement with AD Ports for bulk and general cargo operations at the Port of Karachi.

US-based investment firm Nebula Energy has bought a majority stake in Singapore-based Atlantic Gulf & Pacific Company (AG&P) LNG and looks at forming new firm to transport LNG.

Galveston LNG Bunker Port (GLBP) has announced a lease-agreement with the City of Texas City for 56.7 hectares of land on Shoal Point in Galveston County.

The President of the Santos Port Authority (APS) Anderson Pomini told Brazilian media that it is drawing new expansion plans to accelerate projects.

Khalifa Economic Zones Abu Dhabi (KEZAD) has announced a AED621m ($169m) investment in over 250,000 sq m of additional warehousing capacity.

The north Chinese port of Shandong posted a cargo throughput of 1.71 billion tons in 2023, an increase of 5.6% year-on-year, making it the world’s busiest cargo handling port.