Terminal operator DP World is looking to invest up to $1bn in India in the coming years with a focus on developing infrastructure around existing ports, according to the group’s chairman, Sultan Ahmed Bin Sulayem.
China’s Unipec remained by far the largest spot charterer of crude tankers in 2016 according brokers Poten.
Container carrier APL will expand its intra-Asia service network with the introduction of a new India East Coast (IEX) service from December.
V.Group has acquired India’s Selandia Holdings and its subsidiaries comprising the Selandia Ship Management Group, a move that will strengthen V.Group’s tanker and crew management capability in Asia.
The Alphard Group recently celebrated its seventh anniversary in India.