South Korea in $13bn Mega-Port Plan

In a move that is to be carried out via a combination of public-private partnerships, South Korea is to invest more than US$13 billion in expanding its ports

DEME Win Massive Mauritius Dredging Contract

The Belgian dredging, environmental and marine engineering group DEME has won a 41 million euros dredging contract for the Container Terminal Quay Project at Port Louis Harbour in Mauritius

DP World Win Multiple Awards

DP World won six awards at the 7th Annual IR Conference and Awards Ceremony in Dubai recently, including ‘Best Company for Investor Relations, Middle East’ for the third consecutive year

Hapag-Lloyd’s Floating Giants

A video released by DW (English) shows German carrier Hapag-Lloyd’s explanation for placing more ship orders in an era that is currently ridden with overcapacity and weak global demand

Iran and Oman Launch New Shipping Routes

Ali bin Masud Al Sunaidy, Minister of Commerce and Industry for Oman and Jasem Jaderi, Governor General of Iran’s Hormozgan province, have officially inaugurated new direct shipping routes

Stalemate for Global Trade?

Rising protectionism and a weakness in key regions are factors causing world trade to grow at its slowest pace in 2016 since the financial crisis

South Korea Consider Massive Hanjin Sale

A month after the official receivership of Hanjin Shipping, the South Korean court overseeing the entire process is reportedly considering a sale of the whole shipping line

Hanjin Stock Price Soars

Following recent news that Maersk could be set to acquire ailing carrier Hanjin Shipping, Hanjin’s stocks have since soared by almost 20%

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