Ports and Logistics
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IAPH initiates search for new secretary general
The International Association of Ports and Harbors (IAPH) has initiated a global search to replace Susumu Naruse as secretary general…
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China Merchants raises $1.47bn for Liaoning ports development
China Merchants Group has issued RMB10bn ($1.47bn) worth of bonds with a maturity of five years starting from January 18.…
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Qingdao Port to commence Shanghai IPO on January 21
Chinese port operator Qingdao Port International has announced that it has completed a share offering, and the shares will be…
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DSV makes $4bn move to take over Panalpina
Swiss logistics firm Panalpina has announced that it has received an unsolicited, non-binding proposal from Danish freight forwarder DSV to…
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Ineos to invest $3.4bn at Port of Antwerp
London-based chemicals company Ineos has chosen Port of Antwerp in Belgium as the location for location for a previously announced…
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Shanghai retains boxport crown for ninth straight year
Shanghai has retained its crown as the world’s largest boxport for a ninth consecutive year. The Chinese financial metropolis saw…
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MSC Zoe cleanup encounters more problems
Stormy weather continues to hamper efforts to clean up boxes from the in the North Sea. A total of 281…
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DP World lays down $502m to buy Chilean port operator
Dubai terminal operator DP World is buying a Chilean port operator, further bolstering its global footprint. DP World is acquiring…
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Competition Commission probes proposed Hong Kong port alliance
The move by four of the five terminal operators at Hong Kong port to join forces faces a hurdle as…
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Rio Tinto port hit by fire
A fire was brought under control after a couple of hours today at Rio Tinto’s Camp Lambert port facility in…
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Japan takes aim at Belt, Road with its largest port project destined for Angola
Japan is pushing ahead with its largest ever overseas port development, which flies in the face of neighbour China’s One…
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Thor commits to Hull with multi-million dollar investment
Dutch shortsea specialist Thor Shipping is investing £6m ($7.67m) in the British port of Hull. The 10-year deal with UK…
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Hong Kong port operators unite amid flagging volumes
The operators of what was once the world’s largest container port are coming together amid flagging volumes to try and…
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Yingluck Shinawatra appointed chairwoman of Shantou International Container Terminal
Thailand’s former prime minister Yingluck Shinawatra has been appointed as chairwoman of China’s Shantou International Container Terminal (SICT). According to…
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India starts operating its first overseas port
India is now operating its first overseas port. The government revealed yesterday it has finally taken over operations of part…
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Zhuhai Port disposes of financing subsidiaries
China’s Zhuhai Port has listed three financing subsidiaries for sale at Guangdong Untied Equity Exchange in order to streamline its…
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Qingdao Port becomes a bulker owner
China’s Qingdao Port has moved into the bulker shipowning sector with the port operator’s first owned bulker, , making its…
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Chiwan Wharf Holdings rebrands to China Merchants Port Group
Shenzhen Chiwan Wharf Holdings has announced that the company has rebranded, changing its name to China Merchants Port Group, as…
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Ashdod port workers win privatisation reprieve
The controversial privatisation of Israeli port Ashdod has been put on hold. The privatisation plans, which have sparked numerous strikes,…
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ONE takes terminal in Singapore
PSA Singapore has now secured long-term commitments from the world’s top three container alliances with news yesterday that Japan’s Ocean…
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