Dubai-based terminal and logistics provider DP World, which is in dispute with Australian dockers, argues that it has contributed to the development of the economy, while the union claims outrage at the company’s failure to pay corporate taxes.
GSBN has signed a Memorandum of Understanding with ZAN to explore technical innovations for tokenising the electronic Bill of Lading with the support of Hong Kong’s Web3 environment, to unlock new economic values for participants in global trade.
PIL has announced the retirement of Klaus Ku, Managing Director of PIL China and stepping into the role will be Anderson Luo, who previously worked for Maersk.
Singapore-listed Chinese shipbuilder Yangzijiang Shipbuilding has secured $770 million of newbuilding orders during the third quarter of 2023.
CSSC (Hong Kong) Shipping Company has inked sale and leaseback contracts for three large-size gas carriers.
Shipping investor Hayfin has placed an order for up to four ‘enhanced methanol ready’ Suezmax tankers at South Korean shipbuilder Hyundai Heavy Industries (HHI).
Mitsui OSK Lines (MOL) has inked a Memorandum of Understanding with Singapore tech start-up Pyxis Maritime to develop the electric vessels markets in Singapore and Japan.
ENL Consortium Nigeria Limited has signed an agreement with China’s Lianyungang Port to deepen investment at the Lagos Port Complex, Apapa.