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MMC acquires MISC’s stake in NCB Holdings [27/Nov/2014]

MMC Corporation Berhad announced that it has acquired MISC’s stake in port operator NCB Holdings for a purchase price of $66.3m. Read Full Article...

ICTSI expands MICT yard capacity [27/Nov/2014]

International Container Terminal Services (ICTSI) announced that it has expanded yard capacity at its flagship Manila International Container Terminal (MICT) to 4,300 TEUs. Read Full Article...

CMA CGM acquires OPDR [26/Nov/2014]

CMA CGM group has announced the acquisition of OPDR to enhance its intra-European offering and intermodal solutions. Read Full Article...

CMA CGM reports mixed Q3 [25/Nov/2014]

CMA CGM Group has announced its financial results for the third quarter of 2014, reporting revenue rising with volumes alongside falling EBIT. Read Full Article...

Zim reports mixed Q3 results [25/Nov/2014]

ZIM has reported its financial results for the third quarter of 2014, reporting falling revenue alongside rising EBITDA as profitability is restored. Read Full Article...

APM Terminals invests $1bn in Tema Port [20/Nov/2014]

APM Terminals announced that it has signed a MOU with the Government of Ghana, representing a private investment in excess of $1bn for the expansion of Tema Port. Read Full Article...

DP World to acquire Jebel Ali FZ as part of an $859m deal [13/Nov/2014]

DP World announced that it has entered into an agreement for the proposed acquisition of Economic Zones World FZE for $859m. The purchase would give DP World ownership of both Jebil Ali port and FZ. Read Full Article...

Ningbo Port’s Zhenhai Bonded Logistics Centre approved [13/Nov/2014]

Ningbo Port announced that its Zhenhai Bonded Logistics Centre has been approved by the Chinese government and will soon begin operations. Read Full Article...

HSBC expects FTA between China and Korea by mid-2015 [13/Nov/2014]

Trade between Korea and China will quickly grow if, as expected, a new FTA comes into force next year after more than 30 months of negotiations. Read Full Article...

Maersk reports steady Q3 as profits climb [12/Nov/2014]

Mærsk Line has published its financial results for the third quarter of 2014, reporting a marginal rise in revenue alongside profit growth. Read Full Article...

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