Industry News

PSA, BPG, PIL form joint venture to run Chinese port

Singapore-listed port operator PSA International has signed a joint venture (JV) agreement with Beibu Gulf Port Group (BPG) and Pacific International Lines (PIL) to operate a new container terminal in Qinzhou, Guangxi, China.
Beibu Gulf-PSA International Container Terminal (BPCT),

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June 10, 2015IHS Maritime 360

HMD wins two LR1 tankers

South Korean mid-tier shipbuilder Hyundai Mipo Dockyard (HMD) has won two LR1 tankers from Italian product tanker specialist D’Amico International Shipping (DIS).
Through a research note, Hana Daetoo Securities analyst Park Moohyun said, “The total contract value is USD44 million for each ship and

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June 10, 2015IHS Maritime 360

EMAS Offshore wins $30m contract in West Africa

Singapore-listed offshore services provider, EMAS Offshore has secured a contract in West Africa worth over USD30 million, including options.
According to the company’s filing to the Singapore Exchange, the contract is part of a larger project awarded to EMAS AMC, the Subsea Services division of

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June 10, 2015IHS Maritime 360

Hong Kong plans integration of port back-up land into Kwai Tsing Container Terminals

The Hong Kong government proposed the integration of some port back-up land into the areas of Kwai Tsing Container Terminals (KTCTs) on 10 June, in a move to increase yard space and barge berthing facilities.
The government released the proposals, which aims to enhance cargo handling capacity and

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June 10, 2015IHS Maritime 360

Hong Kong plans to free up land for port expansion

The Hong Kong government has proposed the integration of some port back-up land into the areas of Kwai Tsing Container Terminals (KTCTs) on 10 June, in a move intended to increase yard space and barge berthing facilities.
The government released the proposals, which aims to enhance cargo handling capacity and

Details

June 10, 2015IHS Maritime 360