Manila: Increased volumes and lower financing costs helped drive a 17% increase in first half profits for International Container Terminal Services Inc (ICTSI).

Hong Kong: Orient Overseas Container Line (OOCL) will spent $346.6m to buy 84 new cranes from Shanghai Zhenhua Heavy Industries for use at its terminal leased from the Port of Long Beach, US.

Dubai: DP World handled 28.2m teu across its 60-terminal global portfolio in the first six months of 2012, 7.5% ahead the same period of last year.

Busan: South Korea's Busan port reported increased container throughput in June compared to a year ago but volumes fell month-on-month.

Kuala Lumpur: Malaysian seaports recorded growth and improved in world ranking as they handled 4.9% more container throughput in the first half of this year compared to the same period a year ago.

Hong Kong: The East Asian port of Hong Kong saw a decline in container throughput in June, according to figures released by Hong Kong's Marine Department.

Sydney: Australia-based port operator Asciano is pumping in A$348m ($360m) to redevelop and expand its container terminal at Port Botany in Sydney.

Melbourne: The port of Melbourne unveiled on Tuesday a 9.1% overall growth in the 2011-12 financial year, reaffirming the Victorian coalition government's expansion plan for the port.

Singapore: Port operator PSA Singapore Terminals is developing automated guided vehicle (AGV) prototypes for 24 hours operation of future container terminals to transport containers between the quay and the container yard without human drivers.

Kaohsiung: Taiwan's main seaport of Kaohsiung saw a slowdown in container throughput volumes in June.