DP World has installed the Zodiac TOS at its fully owned subsidiary Mundra International Container Terminal (MICT) in Gujarat, India.

Port operator books a HK$19 billion impairment charge on the value of terminals in Hong Kong and Shenzhen.

Despite high levels of volatility and uncertainty over container growth prospects, global terminal operators continue to invest heavily.

Container throughput at China’s northern port of Tianjin rose by 21% to a record 3.36M TEU in the first half of this year. An official at the stateowned operator Tianjin Port Group (TPG) said that at the current rate of growth, the port will hit its target of handling 7M TEU this year.

SAR Hong Kong’s throughput in the six months of this year rose 6.6% to 11.4M TEU, of which the nine container terminals handled 7.41M TEU, up 8.4% year on year. June volumes rose just 3.8% year on year to 2M TEU, down from 12.5% in May, with the sluggish growth attributed to a decline in river terminal and mid-stream traffic and growing competition from Shenzhen terminals. River terminal and mid-stream throughput declined 3.4% in the six months to 4M TEU, while their June volumes were down 4.3%

Ownership of Adelaide’s international container terminal will come under scrutiny if DP World (DPW)’s bid for P&O is successful, observers say.

DP World has installed the Zodiac TOS at its fully owned subsidiary Mundra International Container Terminal (MICT) in Gujarat, India.

Port operator books a HK$19 billion impairment charge on the value of terminals in Hong Kong and Shenzhen.

Despite high levels of volatility and uncertainty over container growth prospects, global terminal operators continue to invest heavily.

Container throughput at China’s northern port of Tianjin rose by 21% to a record 3.36M TEU in the first half of this year. An official at the stateowned operator Tianjin Port Group (TPG) said that at the current rate of growth, the port will hit its target of handling 7M TEU this year.

SAR Hong Kong’s throughput in the six months of this year rose 6.6% to 11.4M TEU, of which the nine container terminals handled 7.41M TEU, up 8.4% year on year. June volumes rose just 3.8% year on year to 2M TEU, down from 12.5% in May, with the sluggish growth attributed to a decline in river terminal and mid-stream traffic and growing competition from Shenzhen terminals. River terminal and mid-stream throughput declined 3.4% in the six months to 4M TEU, while their June volumes were down 4.3%

Ownership of Adelaide’s international container terminal will come under scrutiny if DP World (DPW)’s bid for P&O is successful, observers say.