Last week saw the naming of the latest behemoth of the seas the 19,000 teu CSCL Globe, the largest containership ever built, and there are plenty more ultra-large boxships more to follow.
DP World and Qingdao Port Group have signed a cooperation deal on information sharing aimed at stimulating business growth.
APM Terminals has signed a $1bn MoU to add four deep-water berths to the Ghanaian port of Tema, increasing capacity to 3.5m teu per year
The dry bulk cycle has a long way to go before it is over, said Clarkson Research Services president Martin Stopford at the Asian Logistics and Maritime Conference in Hong Kong.
Drydocks World has a record number of rigs berthed at its yard in Dubai.
The crude tanker market may be struggling this year but 2014 has been a gravy train for VLGCs.
The ongoing Ebola outbreak in West Africa has raised issues for charterers and owners of vessels trading in the area, but a definitive case has yet to arise on which a judgment can be made.
DP World announced today it is to acquire Jebel Ali Port’s free zones business from its parent and delist from the London Stock Exchange after trading in its stock was flat over the last three years.
