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09 2022-08 Japan funds Cambodia’s new container terminal with over $300-million loan The Government of Japan has agreed to provide a loan of $306 million to Cambodia for the expansion of a new container terminal at the Port of Sihanoukville.According to a recent release from the Cambodian Foreign Ministry, the loan was approved and signed on 6 August.Cambodia’s Foreign Minister,...
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08 2022-08 MPCC adds two 1,300 TEU green vessels to fleet Norwegian carrier MPC Container Ships ASA (MPCC) has ordered two carbon-neutral 1,300 TEU vessels from Chinese shipyard Taizhou Sanfu Ship Engineering in a bid to establish a green transportation corridor in Northern Europe.The vessels come with a dual fuel engine setup which enables operation on...
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05 2022-08 Port of Nansha kicks off automated container terminal ops The Port of Nansha, China has begun operations of its fully automated terminal, the first of tis kind in the Guangdong–Hong Kong–Macau Greater Bay Area.According to Guangzhou Port Group (GPG), this is part of the fourth phase of the modernisation project at the Port of Nansha, combining multimo...
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04 2022-08 Nigeria’s $1.6 billion Lekki Port nears completion The managing authority at Lekki Deep Sea Port has announced that the new deep sea port is 95.56 per cent complete, as construction works are slated to be concluded by September.Dredging and reclamation work is 98.43 per cent done, while work on the quay wall is 96.07 per cent finished, according ...
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03 2022-08 MPA Singapore, Port of Rotterdam establish world-longest green corridor The Maritime and Port Authority of Singapore (MPA) and the Port of Rotterdam Authority have signed a Memorandum of Understanding (MoU) to establish the world’s longest Green and Digital Corridor to enable low and zero carbon shipping.The port authorities will work with the Global Centre for Mari...
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02 2022-08 ICTSI takes over Indonesian port in $47 million deal International Container Terminal Services Inc. (ICTSI) will acquire a majority stake in an Indonesian port as the operator expands its global footprint.The Philippines-based firm signed a Conditional Share Subscription and Purchase Agreement with Indo Port Holding Pte Ltd. and Eastlog Holding Pte...
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