Chinese exports to accelerate global port recovery

An increase in Chinese exports is one of the main drivers leading to a post-pandemic recovery for ports and terminals.  According to Drewry despite a significant downturn in the first and second quarters of 2020 there are “early signs of hope for the third quarter”, largely because China has taken the first steps towards recovering. The Chinese port index in June […]

A new global supply chain key to post-pandemic recovery

The maritime industry needs to be part of a diverse and flexible global supply chain if it is to recover from the COVID-19 pandemic, according to comments made during the latest in the Maritime Port Authority of Singapore’s (MPA) webinar series.   Ravi Menon, Managing Director of the Monetary Authority of Singapore, stressed the importance of […]

PSA and HMM form new company to boost operations

PSA Corporation Ltd (PSA) and HMM Co., Ltd (HMM) will form a joint venture in Singapore to enhance operational excellence and efficiency in container operations. Subject to regulatory approvals, the joint venture company, HMM-PSA Singapore Terminal Pte Ltd (HPST), is scheduled to commence operations before the end of this year. PSA will hold a 58% […]

Port of Gdansk to initiate IoT pilot scheme

The Port of Gdansk Authority has signed an agreement with the Gdansk University of Technology to implement Internet of Things (IoT) pilot programmes to increase security and efficiency. The port authority said the planned implementations include “a number” of IoT solutions, and initiatives based on data procession with the use of artificial intelligence (AI). It […]

Port of Gydnia to build new terminal in hinterland expansion

The Port of Gydnia has unveiled plans to expand and upgrade its hinterland operations, which include a new inland terminal and railway network, to better serve the growing demand for transshipment traffic in and out of Poland. Additionally, it hopes to improve the Polish logistics industry and attract foreign investment. The proposed inland terminal, Adam […]