Ports of Auckland (POAL) has detailed plans to take on major competitor Port of Tauranga's (POT) catchment in the Bay of Plenty region. Timing its news just 24 hours ahead of the release of POT's ...
New Zealand ports battle for business
MAN engines ordered for world’s largest CSD
German manufacturer MAN Diesel & Turbo is to supply the engines for what will be the world's largest cutter suction dredger (CSD), ordered by Belgium dredging company Jan De Nul. Currently ...
Deadline set for Greek port sell-off
As part of its reforms-for-cash deal with international lenders, the Greek government has agreed deadlines for the privatisation of its two major ports, Piraeus and Thessaloniki. The country's HRADF ...
Saudis Continue Strikes Against Yemen
By MarEx 2015-08-19 10:13:49 Yemen’s Red Sea port Hodeidah was attacked by Saudi warplanes on Monday, August 17. The airstrikes targeted the port’s berth number eight, cranes, a World Food Program ...
Port of Kobe’s cargo traffic rises
Port of Kobe's cargo traffic rose 2% year on year in May to 7.821 million tonnes as a gain in domestic trade outweighed a dip in foreign trade. Foreign trade slipped 4.2% y/y to 4.187 million tonnes ...
Chinese yards’ new orders drop 69.4% in January–July
Chinese shipyards' new orders slumped 69.4% year on year (y/y) to 14.0 million dwt in the first seven months of 2015, according to the China Association of the National Shipbuilding Industry ...
Singapore to upgrade harbour craft transponders
The Maritime and Port Authority of Singapore (MPA) is to install enhanced transponders and systems on small harbour and pleasure craft to improve situational awareness and safety in port waters. With ...
Ho Chi Minh City seeks USD13.8m to dredge river
Ho Chi Minh City (HCMC) is seeking VND300 billion (USD13.8 million) from the state government to clear a soil buildup on the Soai Rap River threatening its container trade. Soai Rap River is a key ...
Brookfield clinches $6.5bn majority stake in Asciano ports and rail
Canada's Brookfield Asset Management on 18 August clinched an AUD8.9 billion (USD6.5 billion) takeover of the last remaining Australian-owned port and rail network, Asciano. Asciano, which owns and ...
SK Shipping’s profit soars
South Korean shipping company SK Shipping posted a profit of KRW47.6 billion (USD40.18million) in the first half of 2015, up from KRW1 billion in the same period last year. The company's operating ...