Month: June 2018

DP World Antwerp joins NxtPort project

DP World Antwerp signed an agreement with NxtPort, as first terminal operator committing to make all its data available on the platform. This means information related to containers that are handled at the terminal such as gate in, gate out, loading and unloading can be retrieved through API’s. We already wrote earlier, that the Port of […]

Consolidation in container shipping continues

Containerships

The French shipping Group CMA CGM has announced this week that it is acquiring Containerships, the Finnish company specializing in the Intra-European container shipping. According to the agreement signed on 20 June 2018 by CMA CGM and Container Finance Ltd Oy, the current owner of Containerships, the entire shipping, harbour and terminal holdings of Container […]

COSCO offers to give Long Beach Container Terminal to a US operator, aims to close the OOCL takeover in June

Cosco

Cosco Shipping has suggested a solution to the US officials with regards to the Long Beach Container Terminal in order to get their permission for the OOCL acquisition, The Wall Street Journal informs. In July 2017, the Chinese state-run Group offered to buy Hong Kong’s Orient Overseas International Ltd (OOIL), the parent company of OOCL […]

Indonesia plans to become a transshipment hub, seeks investors

Java Integrated Industrial Ports Estate

Indonesia strives to challenge Singapore’s dominance in the region with a number of own port projects, aiming to become a new global transhipment hub on China’s maritime Silk Road, writes Nikkei Asian Review. After taking office in October 2014, Indonesian President Joko Widodo endorsed the five-year plan worth 700 trillion rupiah (USD 50.6 bln) to develop the maritime […]

Cambodia expands its deep sea port

Sihanoukville Autonomous Port

Sihanoukville, Cambodia’s only deep-sea port, is about to launch a new multipurpose terminal that will be able to accommodate larger vessels, informs The Phnom Penh Post. According to Lou Kim Chhun, Chairman and CEO of Sihanoukville Autonomous Port (PAS), the inauguration is scheduled for June 25 and will be presided over by Prime Minister Hun […]

Next Page »