Regulation & Policy

The EU’s executive said it is also assessing tax breaks for other ports in the 28-nation bloc.


“The latest dock and gantry cranes will be put into service in the coming weeks so that operations can start rapidly.”

China Merchants Port Holdings also owns and operates Colombo International Container Terminal.

The projects would allow shipments to avoid routes that are routinely highly congested, and can take hours to complete on a bad day.

The Moscow Arbitration Court found the FAS’ evidence in the case against NCSP unconvincing.

The Manila-listed mid-sized terminal operator was one of two companies competing to win the concession.

The new process follows the cancellation of a previous tender that had only one pre-qualified bidder.

The authority said the Netherlands is the only country whose ports have been ordered by the European Union to pay corporation tax.

Container ships' average time in port for the month of July rose more than three hours in just the last week.

The majority of ships deployed on Asia-Europe by the end of 2018 will be greater than 18,000 TEU, which will have implications for rate levels and ports.