The duo will develop a container feeder service to cater to the needs of exporters, importers, and local coastal traders.
12 Dec 2016
China state-controlled company China Merchants signed a deal with the government of Sri Lanka to buy an 80 percent stake in Sri Lanka’s Hambantota deep-sea port.
25 Nov 2016
Surcharges have long been a subject of acrimonious debate between ocean transport service providers and shippers.
11 Oct 2016
APM Terminals and Maersk Line have joined a consortium that is bidding to develop a new container terminal in Colombo.
30 Sep 2016
Colombo International Container Terminals this week hosted the MSC Maya, reportedly the largest container ship ever to call Sri Lankan shores.
09 May 2016
A new container terminal at Colombo will expand capacity at one of Asia's largest transshipment hubs.
26 Jan 2016
Colombo International Container Terminal more than doubled its container throughput in 2015 as investment in capability to handle the world’s largest container vessels appears to be paying off.
26 Nov 2015
CMA CGM said it is upgrading its New Europe Mascarene Oceania service by adding new port calls, starting in early December.
20 Oct 2015
When the CMA CGM Marco Polo — until 2013 the world’s largest container ship with a capacity of 16,020 twenty-foot-equivalent units — arrived in Colombo in late September, it highlighted the port’s emergence as a growing transshipment hub capable of handling the increasing number of mega-ships that have become the workhorses of the Asia-Europe trade.
31 Aug 2015
China Merchants Holdings (International)’s first half net profit jumped 29 percent year-over-year to HK$2.8 billion ($US 361 million) after throughput gains at Chinese terminals exceeded China’s overall container growth rate and traffic through overseas facilities rose at a double-digit clip.
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