The cash-strapped government is determined to press ahead with the deal despite heavy public opposition.
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.
10 Jul 2015
The Sri Lankan government is to looking to attract overseas involvement in the running of two new port terminals in Colombo and Hambantota.
27 May 2015
China is looking at investing in the outer reaches of the One Belt One Road trade footprint as state-owned China Merchants Group considers a deal with Lithuania’s port of Klaipeda on the Baltic Sea.
19 May 2015
Container carrier APL said it will replace its current Singapore West Asia Express (SWX) service in the intra-Asia trade with a new weekly service, branded the Asia Sub-continent (AS1), starting at the end of this month.
17 Apr 2015
China’s grand dream of a maritime Silk Road for the 21st Century is paving the way for Chinese port operators to spread their way of conducting domestic business beyond Chinese borders.
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