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
Continue readingSouth Korea in $13bn Mega-Port Plan
SAAM Prepares for Costa Rican Terminal Acquisition
SAAM, a multinational company providing port services and logistics tugs, has signed, through its subsidiary SAAM ports, an agreement to acquire control of two concessions of Puerto Caldera
Continue readingIs the Industry Coping with Container Weighing?
The International Maritime Organization (IMO’s) Safety of Life at Sea (SOLAS) amendment came into force almost three months ago, yet concerns still remain regarding declarations
Continue readingDEME 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
Continue readingDP 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
Continue readingHanjin Collapse to Drive Global Tech Start-Ups?
With shipping overcapacity set to stay above 20% in 2016, the industry could be gradually waking up to the potential of technology; and tech start-ups may hold the solution to lead the way
Continue readingCosco Sign Major Khalifa Port Concession
Abu Dhabi Ports has announced the signing of a container terminal concession agreement with Cosco Shipping Ports Limited – Abu Dhabi (CSPL SPV)
Continue readingHapag-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
Continue readingIran 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
Continue readingStalemate 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
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