Finance News


  21 Sep 2017
The European Sea Ports Organisation (ESPO) with a coalition of thirty European transport bodies has asked the EU for renewed Connecting Europe Facility funding.

  18 Sep 2017
Global terminal operator DP World has opted not to renew its operating contract for PT Terminal Petikemas Surabaya (TPS) in Indonesia at the end of the agreement in 2019 despite its 20-year investment there

  18 Sep 2017
CMA CGM has confirmed its latest ship order after sharing impressive first half results for 2017, with a strong increase in shipping volumes driving revenue by 56.8% in comparison with Q2 2016 to reach US$ 5.55 billion

  14 Sep 2017
A feasibility study is currently progressing on the possibility of a new port in the Myanmar region of Ayeyarwady, according to Myanmar Times.

  08 Sep 2017
India’s supreme decision-making body the Union Cabinet has approved the draft of a controversial port bill affecting privatization and tariffs

  07 Sep 2017
Hyundai Merchant Marine has celebrated its first use of blockchain technology for reefer containers on board a vessel voyaging from South Korea to China.

  04 Sep 2017
Suppression of ship manning costs will continue despite a recovery in cargo shipping markets, with operators facing further financial challenges and the officer shortfall receding, according to the latest Manning report published by global shipping...

  04 Sep 2017
Five new ports are set to join an alliance of 21 ports in China and Malaysia for which investment is one of five goals targeting improvements

  25 Aug 2017
US consultancy Vickerman & Associates is hunting a developer or an investor to assist with an intermodal port project on a river in the US state of Arkansas

  24 Aug 2017
DP World's revenue has reached US$2.295 billion for the first half of 2017, growing 9.6% against the first half of 2016, resulting in a 1.4% increase in profit for the period of $682 million

  23 Aug 2017
The Port of Tallinn has selected Baker McKenzie-Cobalt as a legal team it prepares to have its shares listed on the Nasdaq Tallinn Stock Exchange this autumn

  23 Aug 2017
Five global terminal operators and one local company are in the running to build a bulk terminal on the Karnaphuli river at Chittagong Port in Bangladesh

  22 Aug 2017
Japan’s government has agreed to provide a low-interest loan to build a new Cambodian container terminal as part of an expansion project for Sihanoukville Autonomous Port (PAS)

  21 Aug 2017
The Port of Rauman in Finland has developed a new 60-metre container terminal and announced plans to extend the quay by an additional 520 meters at the end of the year

  18 Aug 2017
Tripoli Port on the Lebanon-Syria Border stands to add volumes to make up for Syrian ports amid a post-war construction boom

  15 Aug 2017
APMT is in talks with Indian conglomerates Adani Group and JSW Group over selling off a 74% stake in Gateway Terminals India

  14 Aug 2017
Japanese-led shipping group THE Alliance has filed for US Government permission to create a fund to buoy the alliance in case of bankruptcy by any Alliance member.

  11 Aug 2017
Malaysian Infrastructure company MMC Corporation (MMC) is in talks over acquisition of interest in a ports operator in a move that could strengthen its grip on Malaysian Ports

  11 Aug 2017
The Ghana Ports and Harbours Authority (GPHA) has awarded a US$370million 25-year concession for the development of the Port of Takoradi container and multi-purpose terminal

  10 Aug 2017
Global shipping services providers and ports in the US, Russia, Iran, Syria, and China, for example Dandong and Dalian, have been caught up in the US’s latest offensive on North Korean trade, analysis has found.