Kaohsiung: China Merchants Holdings (International), together with Cosco Pacific and China Shipping Terminal Development (Hong Kong) have formed a joint venture company to acquire a $135m 30% stake from Yang Ming Marine Transport Corporation in...
Hong Kong: The East Asian port of Hong Kong recorded lower container throughput in November of 1.87m teu, down from 1.96m teu registered in the same period of 2011.
Singapore: Singapore port moved 2.59m teu of containers in November, beating the volumes registered a year ago, according to data from Maritime and Port Authority of Singapore (MPA).
Makassar: Philippine-based International Container Terminal Services, Inc. (ICTSI) will extend a joint operation contract at the Makassar Container Terminal, South Sulawesi, Indonesia.
Shanghai: Shanghai, the world's busiest container port, posted strong box throughput in November of 2.82m teu, an improvement both year-on-year and month-on-month.
Busan: South Korea's port of Busan is projected to handle more than 17m teu of containers this year, with transhipment cargoes estimated to grow as well.
Sydney: Sydney Ports Corporation achieved modest container volumes growth of 1% in the 12 months ended June 2012 on an annual basis to 2.04m teu at Port Botany.
Qingdao: Annual container throughput of Maersk Line at China's Qingdao port has for the first time crossed 1m teu, making the shipping line the first carrier to achieve such a substantial volume within a year at the port.