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Southeast Asia Shipping is Poised For More Growth

September 19, 2017 12:05 am Published by

With the support of China's enormous One Belt One Road (OBOR) initiative, the cargo industry in Southeast Asia is poised for more growth. This means that prominent ports within Southeast Asia can look forward to more business in the coming …

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Autonomous Ships Make Container Shipping More Cost-Effective

September 11, 2017 12:05 am Published by

Led by the efforts of U.K.-based engineering giant Rolls-Royce and a team of two Norwegian companies (Yara International and Kongsberg Gruppen), autonomous cargo ships should be setting sail on the world's trade lanes in the not-too-distant future.

Autonomous ships promise …

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CPEC Received $62 Billion in Chinese Grants and Soft Loans

September 7, 2017 12:05 am Published by

China and Pakistan have long hailed each other as “all-weather friends”, or “iron brothers,” as close as “lips and teeth." The mutual bond between the two countries has been described as "higher than the Himalayas, deeper than the deepest ocean, …

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15 Piers And Terminals Saw Cargo Tonnage Rise 12 Percent

September 5, 2017 12:05 am Published by

Philadelphia’s 15 piers and terminals on the Delaware River has seen more containerized freight arriving. In July 2017, overall cargo tonnage rose 12 percent, while freight arriving in 20- and 40-foot metal containers increased 15 percent, compared with the same …

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China Merchants Will Buy 90% Stake in TCP Participações S.A

September 4, 2017 12:05 am Published by

China Merchants Port Holdings will purchase a 90 percent stake in TCP Participações S.A, the operator of the port of Paranaguá – Brazil’s second largest container terminal, for 2.89 billion Brazilian reals (US$920 million). The deal is China Merchants Port’s …

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