CMA CGM takes yet another major step toward its NOL acquisition.
17 Jul 2015
There was plenty of “no comment” but no outright denials following reports that Singapore’s Neptune Orient Lines (NOL) was up for sale, suggesting that the carrier could very much be on the block.
14 Jul 2015
Singapore became the second Asian hub port to declare slowing container throughput in June following weak growth reported by Shanghai last week in the run up to the peak season period from July to September.
07 Jul 2015
Chinese online giant Alibaba Group will invest more than $200 million in its partnership with Singapore Post in a series of initiatives aimed at expanding its e-commerce logistics platform across Asia-Pacific.
24 Jun 2015
Singapore has opened two new phases of its $2.6 billion Pasir Panjiang Terminal, another step along a massive development road that will help the port cope with mega-ships and alliance complexities continuing to frustrate transshipment hubs in the region.
18 Jun 2015
The feasibility of a container “subway” in Singapore to carry containers from a new mega-port through underground tunnels is being studied.
30 May 2015
Kintetsu World Express’s $1.2 billion acquisition of APL Logistics was finalized on Friday, May 29, after the deal secured all the required legal, regulatory and shareholder approvals.
26 May 2015
The Competition Commission of Singapore has recommended extending the liner shipping block exemption for another five years, and this week launched an exercise to gauge public feedback on the controversial ruling.
07 May 2015
APL Logistics is not standing still while its acquisition by Kintetsu World Express (KWE) is finalized and today announced plans to expand its presence in Indonesia, the second major investment since being sold.
27 Apr 2015
Hutchison Port Holdings Trust recorded a fall in first-quarter net profit of 49 percent, as a one-off gain in March last year and slowing foreign trade hit the performance of its Pearl River Delta terminals.
27 Apr 2015
Huge feeder networks required to serve the mega-vessels calling at Singapore and the growing number of connections generated by shipping alliances are placing the port under growing pressure.