A new deep-sea port will form the core of a new economic partnership between China and Myanmar after the two countries struck a series of infrastructure deals as part of the Belt and Road Initiative (BRI).
Shanghai has maintained its position as the best container port in the world after handling approximately 43.3 million TEU in 2019.
The real effects of US President Donald Trump’s tariffs on China are being felt by ports across the US with West Coast ports reporting slow progress due to the restrictions.
COSCO Shipping Ports (CSP), the biggest ports operator in the world, has announced a revenue increase increased by 0.7% in the third quarter (Q3) of 2019 compared with the same period last year, despite its gross and net profit falling.
China is utilizing 5G technology in its bid to become the world’s leading country in intelligent shipping, according to state media outlet China Daily, which quotes a report on the development of smart port development in the country.
A lorry driver is due to appear in court over the deaths of 39 people in a refrigerated container in the UK last week.
The Nigerian State of Lagos has announced it has signed a series of agreements with the China Development Bank (CDB) and the China Harbour Engineering Company (CHEC) to accelerate the building of the Lekki Deep Seaport.
There are fears that the refrigerated (reefer) container in which 39 people were found dead may have been used to smuggle more people into the UK after GPS data showed the lorry it was attached to had crossed the English Channel several times before the discovery of the bodies on Wednesday.
Duisburger Hafen AG (duisport) and COSCO Shipping Logistics have signed a deal to build the largest container terminal in the European hinterland.
Hong Kong-based port operator Hutchison Port Holdings (HPH) has committed an investment of US$240 million for the development of Pakistan’s Karachi port, according to the Prime Minister’s Office.
COSCO has had its US$672.9 million investment plan for the Port of Piraeus (PPA) approved by Greece’s Committee of Planning and Development of Ports.
The Port of Gwadar, Pakistan, the site of major economic cooperation between Islamabad and Beijing, has officially opened for commercial shipping and is expecting its first vessel on October 8, 2019.