A new report commissioned by Maritime UK and the Centre for Economics and Business Research (CEBR), shows that the maritime sector is worth almost US$57 billion to the UK economy, making it larger than many other comparable transportation industries, including rail and aerospace.
Sabah Ports Sdn Bhd and Indonesia Port Corporation (IPC) have signed a Memorandum of Understanding (MoU) to enhance bilateral trade and cooperation for the purpose of improving port efficiency.
The Port of Tanjung Pelepas (PTP), Malaysia, has once again broken the record for vessel utilization record after the MSC Gulsun, the largest container ship in the world, left with 19,574 TEU on July 28, 2019.
The Canadian government has announced an investment of approximately US$35 million for the Port of Nanaimo to make significant infrastructure improvements and expansions at its Duke Point facilities. According to a statement, the investment was announced by Marc Garneau, Canada’s Minister of Transport, following months of work with the Port of Nanaimo team, which included […]
DP World has announced it has signed two preliminary agreements with Indonesia’s leading conglomerate Maspion Group to build a new container port and logistics warehouse in East Java worth approximately US$1.2 billion.