Balboa: Container cargo handling operations at the Pacific port of Balboa operateed by Hutchison Ports Holdings’ subsidiary Panama Ports Co (PPC) have been paralysed since 20 March because of changes in the terminal’s IT systems.  

Baghdad: CMA CGM has announced its new multimodal inland port  in Baghdad will open June 2013.

Hong Kong: Decreased contributions from subsidiaries such as CIMC pushed Cosco Pacific's full year net profit down 12% to $342.19m from $388.77m previously.

Abu Dhabi: India is to invest $7.5bn on ports and logistics as it seeks to modernise terminal facilities stuck in operational practices little changed from the British era, a top port official told Seatrade’s World Ports and Trade Summit in Abu...

Abu Dhabi: Two additional terminals planned at Africa's largest port, Tangier-Med, are expected to be completed in 2017, increasing capacity at the facility from 3m teu to 8.5m teu, according to a source close to port operations at the existing...

Abu Dhabi: Experts at the World Ports and Trade Summit in Abu Dhabi recently said Gulf Cooperation Council (GCC) ports were likely to reap dividends from Africa’s lack of preparedness to accommodate mega-vessels which could soon be up to 22,000...

Abidjan: A consortium consisting of APM Terminals, Bolloré Africa Logistics and Boygues has been announced as the preferred bidder for management of a second container terminal at the port of Abidjan.

Abu Dhabi: Seatrade's World Ports and Trade Summit firmly fixed the spotlight on the eastwards shift of global trade, and the increasing role of emerging markets in the global economy.

Panama City: The Panama Canal Authority (ACP) is studying the feasibility of building a 3-4m teu capacity terminal in two phases of 1.5m teu, at Corozal on the east bank of the waterway next to the Canal Miraflores locks where it owns 67 hectares...

Dubai: Global port operator DP World today announced an 8% rise in annual profits to $749m for 2012 as consolidated throughput fell from 27.5m teu in 2011 to 27.1m teu for 2012.