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 ...
Deadline set for Greek port sell-off
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 ...
Tianjin port suspends movement of dangerous cargo
Tianjin port has suspended the import and export of hazardous cargo, beginning on 17 August, according to an announcement by the Tianjin Transport Committee. The announcement stated that all container ...
SDIC to invest in FSIG
Fujian Shipbuilding Industry Group (FSIG), a state-owned shipbuilding group based in Fujian, China, said it is in talks with China's State Development & Investment Corporation (SDIC) to include ...
US towing safety improves in 2014
Crew fatalities and accidents in the US towing vessel sector improved slightly in 2014, according to the most recent government data. In a report covering towing industry safety from 1994-2014, the US ...
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