China Merchants Port Holdings (CM Port) has invested the final tranche of USD 584.2 million in Sri Lankas Hambantota Port after acquiring an 85 percent stake in the port last year. The cheque to the effect was handed over to the Chairman of

The Port of Hong Kong saw container throughput slide 5.4 per cent in May to 1.73 million TEU compared to the same month last year when throughput totalled 1.82 million TEU. On a year on year basis May was the fourth month in a row that cont

China Merchants Port Holdings Co (CMPort) finalized the acquisition of the Australian port of Newcastle, according to the companys website. Newcastle, located in the state of New South Wales, is the largest port on Australias east coast, an

Chinas Tangshan port logged 247.93 million tonnes in cargo handling over January-May this year, a year-on-year increase of 8.11%. Coal handling stood at 95.01 million tonnes in the first five months, increasing 41.88% from the preceding yea

Zhanjiang Port Group broke its previous record by handling 89,000 twenty-foot equivalent units (TEU) in May, up 24 percent year-on-year. The companys efforts to foster new business formats are seeing results, as the number of containers tra

Launch of Smart Port Challenge 2018 To Catalyse Greater Innovation and Digitalisation In The Maritime Industry PIER71[1] Port Innovation Ecosystem Reimagined @ Block71 was officially launched today by Dr Lam Pin Min, Senior Minister of Stat

Xiamen port authority is launching a series of moves to improve Xiamens port competitiveness. The moves come off following the news that Xiamen port handled more than 10 million customers in 2017 for the first time, ranking 14th in the worl

Chinese companies are expected to invest up to $10 billion in Peru in sectors including energy and mines, telecommunications, construction and financing over the next three years, an official said. Jia Guide, Chinas ambassador to Peru, said

With the Shanghai Cooperation Organization (SCO) Summit to be held there in the coming weekend, the coastal city Qingdao in Shandong Province, east China, has drawn the worlds attention for its crucial hub position. As an active participant

DACHAN Bay Terminals (DCB) recently played host to 6,000-TEU ER Amsterdam on her maiden call for the new China India Express service. The new China India Express service is jointly operated by Gold Star Line Ltd (GSL), Evergreen Line, Korea

As a pivotal city along the Belt Road, Zhanjiang has been continuously enhancing its presence on the international stage in recent years with its favorable business environment, high-profile exhibitions, and widespread economic cooperation

COSCO Shipping Ports (CSP) aims to provide more effective and efficient supply chain services through a new alliance with GLP China Holdings Limited and Eshipping Global Supply Chain Management (Shenzhen) Company Limited. The three companie

A Chinese diplomat said on Saturday good progress was being made on negotiations with the Tanzanian government on the $10 billion Bagamoyo megaport and special economic zone, paving the way for the long-delayed construction work to begin. N

Telecommunications equipment firm Huawei and telecommunications company China Unicom have unveiled a 5G product that offers smart ports a totally-connected wireless network.

COLOMBO - Looking out the window, Sanjeewa Alwis could easily see the dredging vessels in the distance, strenuously pumping the yellow sea sand into the air, which resembles a bridge built between Colombo's beautiful clouds and the construct