Chinese state-owned crane manufacturer ZPMC has signed a contract via a cloud platform with COSCO Shipping Ports (CSP) and the Port of Piraeus for three ship-to-shore (STS) cranes. It marks the first time a cloud platform has been used to sign suc...
Authorities in Angola have extended the deadline for concession bids for the Port of Luanda Multipurpose Terminal, according to reports from Chinese state media. News outlet Xinhua has reported that country’s Concession Evaluation Commission annou...
Cargotec has completed the sale of its share of the joint venture Rainbow-Cargotec Industries Co., Ltd (RCI) in China. According to a statement, as part of the agreement, Cargotec acquired certain operations and assets of the joint venture from Ji...
China has unveiled plans to build an internationally recognised free trade port on the island of Hainan by the middle of the century as the country looks to strengthen its grip on the global economy. In a statement, the Chinese government said its...
Inform has been selected by DP World Vancouver to deliver three Optimization Modules as part of DP World’s Centerm Expansion Project from Inform’s Syncrotess solution range for container terminal operations. Work commenced in April 2020 and the Sy...
APM Terminals (APMT) has announced that automotive lift producer BendPak has opened a new distribution center near its operations in the Port of Mobile to serve US Gulf, Midwest, East coast and Canadian markets via five Class I railroads. BendPak,...
Abu Dhabi Ports has established its own feeder services company, ‘Safeen Feeders’, to meet growing trade demands and increase regional connectivity. In a statement, Abu Dhabi Ports said the new company will serve its mainliner shipper clients and ...
Beacon, a digital freight forwarding and supply chain finance company, has raised over $15 million in its Series A fundraising round, with investors including Jeff Bezos, the founder and CEO of Amazon, and leading US venture capital firm 8VC, accordi...
The Port Authority of New York and New Jersey applied for support from the Municipal Liquidity Facility, a new program created by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), to stablise operations during the COVID-19 pandemic....
