Gone are the days when NVOCC or SOC box operators could buy containers in any region, as per the need of any particular project, then move them from one port to another without facing obstacles.
APM Terminals and Shanghai Zhenhua Heavy Industries (ZPMC) signed a large equipment purchasing order and formed a strategic alliance to focus on automation.
CIMC Raffles has secured four LNG-powered 7,000 ceu PCTCs construction contract from Zodiac Maritime.
Cosco Shipping Ports has sold a minority stake in Euromax Terminal to Navigator Investco, to the investment platform for the company and Silk Road Fund.
ReCAAP Information Sharing Centre has issued another alert on boarding of vessels in the Eastbound lane of the Singapore Strait with six incidents this month.