Five days after it erupted, the deadly fire aboard Grimaldi’s vehicle carrier Grande Costa d'Avorio, docked at Port Newark, New Jersey, has now been contained.
Ocean Network Express (ONE) is mulling further investments in related parts of the container shipping supply chain as it looks reduce volatility in its earnings.
The Chinese port machinery manufacturer Shanghai Zhenhua Heavy Industries (ZPMC) is planning to sell part or all of its stakes in Qingdao Port and Cosco Shipping Holding to optimise its asset structure.
Singapore’s PSA has agreed to buy a 22% stake in Germany’s Duisburg Gateway Terminal (DGT) GmbH, subject to regulatory approvals.