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.
26 Mar 2015
Speculation has been rife in the Singapore media about a possible tie-up between Neptune Orient Lines (NOL) and fellow G6 Alliance member Hong Kong’s Orient Overseas International Ltd. (OOIL), but a closer look at the business of the two carriers reveals that merging their operations would create little synergy.
17 Feb 2015
Neptune Orient Lines has sold APL Logistics to Kintetsu World Express for $1.2 billion in a stunning deal that gives the Singapore-listed group a net gain of more than $900 million.
17 Feb 2015
Neptune Orient Lines suspended trading this afternoon as news broke in Japan that its forwarding arm, APL Logistics, was to be bought by Kintetsu World Express for $1.2 billion.
25 Jan 2015
SingPost has acquired a 90 percent stake in New Zealand forwarder Famous Pacific Shipping as the regional e-commerce logistics specialist expands its Asia-Pacific footprint.