Dry freight container manufacturers have faced a difficult 2017, with the challenge of switching to waterborne paints coinciding with a sharp upswing in demand.

DP World has increased its stake in Pusan Newport Company Ltd from 42.09% to 66.03%

Maersk Line is to revamp its feeder shipping network in China by slashing the number of ports it serves.

Slower growth means ports are losing a lot of their shine as investments. In its Global Container Terminal Operators Annual Report 2016, Drewry noted: “On the stock markets, ports are increasingly seen as a mature value sector, rather than a growth sector.” Forecasting global throughput growth of under 3% per annum, Drewry said that investors and terminals have been “urgently reviewing capacity expansion plans”, but many with a five-year forecast horizon are already too far advanced to change si

China’s economy and its trading/logistics environment are going through a period of change that looks set to continue.

China Ocean Shipping Group (Cosco) and China Shipping Group (CSG), which have estimated combined revenues of US$40B are to merge. Discussions between the two groups and China’s government have been taking place since August and were agreed by the State Council’s State-owned Assets Supervision and Administration Commission on 11 December.

Dry freight container manufacturers have faced a difficult 2017, with the challenge of switching to waterborne paints coinciding with a sharp upswing in demand.

DP World has increased its stake in Pusan Newport Company Ltd from 42.09% to 66.03%

Maersk Line is to revamp its feeder shipping network in China by slashing the number of ports it serves.

Slower growth means ports are losing a lot of their shine as investments. In its Global Container Terminal Operators Annual Report 2016, Drewry noted: “On the stock markets, ports are increasingly seen as a mature value sector, rather than a growth sector.” Forecasting global throughput growth of under 3% per annum, Drewry said that investors and terminals have been “urgently reviewing capacity expansion plans”, but many with a five-year forecast horizon are already too far advanced to change si

China’s economy and its trading/logistics environment are going through a period of change that looks set to continue.

China Ocean Shipping Group (Cosco) and China Shipping Group (CSG), which have estimated combined revenues of US$40B are to merge. Discussions between the two groups and China’s government have been taking place since August and were agreed by the State Council’s State-owned Assets Supervision and Administration Commission on 11 December.