Finance News

 

  24 May 2019
Singaporean terminal operator PSA International, along with Polish Development Fund (PFR), has announced has formally acquired DCT Gdansk, the largest container terminal in Poland.

  24 May 2019
A.P.M Moeller Maersk (Maersk), the largest carrier in the world by market share, saw its revenue grow by 2.5% in the first quarter of 2019, according to its latest financial figures.

  24 May 2019
Sultan Ahmed bin Sulayem, Chairman and CEO of leading terminal operator DP World, met with Brazil President Jair Bolsonaro in Brasilia this week, where they discussed investment and future trade growth.

  23 May 2019
Terminal operator Peel Ports Group has announced that it has acquired leading UK and Irish shipping company Quality Freight Limited for an undisclosed sum.

  23 May 2019
Growth at China’s busiest ports could come under sustained pressure if the trade war with the US continues for the next 12-18 months, according to rating agency Moody’s.

  22 May 2019
APM Terminals (APMT) has announced the West Africa Container Terminal (WACT), Port of Onne, has invested in two new mobile harbor cranes (MHCs) from Liebherr, as it looks to handle increasing regional growth in container traffic

  22 May 2019
The Port of Hamburg, the third biggest port in Europe and the 17th in the world, saw its TEU grow by 6.4% in the first quarter of 2019, according to its latest financial results.

  21 May 2019
The Asia-Pacific region’s spending on AI-based systems and technology is expected to reach $5.5 billion in 2019, according to a new report

  21 May 2019
The governments of Japan, India and Sri Lanka have struck a deal to jointly develop a terminal at the Port of Colombo in order to meet the growing importance of the Indian Ocean to world trade

  20 May 2019
National South Korean carrier Hyundai Merchant Marine (HMM) has launched what it calls a new Corporate Identity (CI) in order to reflect what it describes as its “vision and ambition”.

  20 May 2019
The Jebel Ali Free Zone (Jafza), the Middle East’s leading special economic zone in the Middle East and home to Dubai’s main container shipping port, has announced that it will refund approximately US$354 million in cash fines and bank guarantees...

  17 May 2019
MSC Mediterranean Shipping Company and the Port Authority of Las Palmas have agreed an investment plan to boost the Port of La Luz

  17 May 2019
Ocean Infinity, the next generation seabed survey and ocean exploration company, has struck a deal with leading multinational energy company Shell to conduct an extensive hydrographic project.

  17 May 2019
The Maritime and Port Authority of Singapore (MPA) has opened the 24/7 Maritime Cybersecurity Operations Centre (MSOC) to protect the country’s ports and terminals industry.

  17 May 2019
RBS, specialists in smart systems for ports and terminals, has followed on from previous examinations into automation and cloud-based software by exploring the potential of the Internet-of-Things (IoT), and asking the question – why are we...

  16 May 2019
Hutchison Ports has revealed that its BEST container terminal, part of the Port of Barcelona, is expanding its container handling capacity

  16 May 2019
US President Donald Trump has declared a national emergency and banned Chinese telecommunications giant Huawei from the country’s 5G networks

  16 May 2019
E2open has signed a definitive agreement for the acquisition of Amber Road in a deal worth approximately $425 million

  15 May 2019
CEO and Managing Director of DP World Europe and Russia, Rashid Abdulla, looks at the impact of new technologies on global trade

  15 May 2019
COSCO Shipping Ports has announced that the equity transaction for its greenfield subsidiary at the Port of Chancay, Peru, is complete