Taiwanese shipping line is planning to build 23,000 TEU megaships, which will be built at shipyards in South Korea and China, according to the reports from the South China Morning Post.
CMA CGM, the fourth-biggest container shipping line in the world by market share, enjoyed growth in volume, revenue and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) in the second quarter of 2019 despite global uncertainty.
China Maritime Safety Administration (MSA) has signed a Memorandum of Understanding (MoU) on Electronic Certificates with the Maritime and Port Authority of Singapore (MPA) at the 11th China-Singapore Senior Officials’ Committee Meeting in Beijing.
COSCO Shipping Ports, a subsidiary of China Ocean Shipping Corporation, has purchased a 40% stake in the Vado Gateway terminal, Italy.
China Merchants Group, a massive Chinese state-owned conglomerate, is in talks to invest in CMA CGM's port assets, according to Bloomberg.
In 2015, PTI reported on the five busiest ports in the Mediterranean. Four years later, PTI has readdressed the question and reflected the number of changes, innovations and expansions that have taken place and compiled a list of five mega Mediterranean ports. Port of Tanger Med, Morocco The Port of Tanger Med is cargo port […]
COSCO Shipping Corporation (COSCO), the third-biggest container shipping line in the world by market share, has reportedly signed a deal with Shaanxi Provincial People’s Government to jointly develop the logistics sector in the Shaanxi province.
The MSC Gulsun, the world’s biggest containership, has completed its landmark maiden voyage after it arrived in Europe from China, according to the Mediterranean Shipping Company (MSC), the second-biggest container line in the world by market share.
Namibia has taken another step towards becoming an international trade and shipping hub with the opening of a new US$400 million container terminal at the Port of Walvis Bay.
DP World has described the government of Djibouti’s decision to apply a ruling by the country’s Supreme Court that all previous international adjudications are null and void as a “complete disregard for and contravention of the global legal system and existing contracts”.