enarhyazzh-CNzh-TWcsdanlettlfifrkadeelhihuisiditjakolvmsnofaplptruskslessvthtrukviyi

.........-----

translate arrow

MEA partners with ECS Group
PARIS: April 26, 2018. Middle East Airlines (MEA) ...

Read more

Cargolux reports “best year in history”
LUXEMBOURG, GD: April 25, 2018. Cargolux says it h...

Read more

Record 2018 start for Port of Wilmington
WILMINGTON, NC: April 24, 2018. North Carolina Por...

Read more

IAG Cargo acknowledges World Immunisation Week
LONDON/MADRID: April 24, 2018. IAG Cargo is markin...

Read more

Liverpool provides Scottish shortbread US access
PORT OF LIVERPOOL, UK: April 23, 2018. Peel Ports ...

Read more

Nor Lines adds Rotterdam to LNG-powered Norway service
ROTTERDAM: April 22, 2018. Nor Lines, a subsidiary...

Read more

AAL adds to its European agency network
SINGAPORE: April 19, 2018. Breakbulk and project c...

Read more

DFDS to acquire Turkey's U.N. Ro-Ro
COPENHAGEN: April 18, 2018. European short-sea RoR...

Read more

MEA partners with ECS Group
Cargolux reports “best year in history”
Record 2018 start for Port of Wilmington ...
IAG Cargo acknowledges World Immunisation Week
Liverpool provides Scottish shortbread US access
West Atlantic to operate Boeing's first converted 737-800...
Nor Lines adds Rotterdam to LNG-powered Norway service...
AAL adds to its European agency network
DFDS to acquire Turkey's U.N. Ro-Ro

Latest News

Unilever ice cream
25 Apr, 2018

New truck reefer unit could save 36 billion litres of diesel fuel

in Latest News
LONDON: April 24, 2018. Unilever has just finished a six-month trial of the Dearman…
daphneproject 620w
24 Apr, 2018

European Commission proposes whistleblower protection

in Government
BERLIN: April 23, 2018. The European Commission has published its proposed Whistleblower…
Airbus Mobile AL
20 Apr, 2018

Port of Mobile signs for new US$60 million RoRo auto terminal

in ports
MOBILE, AL: April 18, 2018. The Port of Mobile is to open a new vehicle processing RoRo…
Arthur Welter
20 Apr, 2018

Luxembourg adopts cross-border electronic consignment document

in Road
LUXEMBOURG, GD: April 20, 2018. Luxembourg and the Netherlands have followed Spain and…
CEVA Logistics
20 Apr, 2018

CEVA Logistics announces IPO and planned stake by CMA CGM

in Latest News
MARSEILLE: April 20, 2018. CMA CGM is planning to buy CEVA Logistics securities at a cost…
Lekki port CMA CGM
17 Apr, 2018

Nigeria’s first deep-sea port to open in 2020

in ports
LEKKI PORT, Nigeria: April 16, 2018. CMA CGM and Lekki Port LFTZ Enterprise have signed…
Rift Valley Railways
17 Apr, 2018

World Bank sanctions African Railways Logistics

in Rail
WASHINGTON, April 16, 2018. The World Bank Group has barred Africa Railways Logistics…
HyperloopTT Tube2
16 Apr, 2018

Hyperloop technology takes another high-speed step

in Latest News
TOULOUSE: April 16, 2018. HyperloopTT has taken delivery of full-scale passenger and…
ZIPLINE drone
13 Apr, 2018

First drone delivery network for medicines set to expand

in Humanitarian
ATLANTA: April 13, 2018. The UPS Foundation has awarded grants and in-kind support of…

Noatum Ports MalagaHONG KONG: August 29, 2017. COSCO Shipping Ports has reported a first half 2017 (H1) net profit of US$384.7 million on revenue of US$275.8 million that includes a one-off gain of US$285.4 million from the sale of its shares in Qingdao Qianwan Container Terminal.

At the same time COSCO completed the acquisition of an 18.4 percent stake in Qingdao Port International to "further optimize the value of its terminal portfolio in the Greater China region and enhance its management and operational efficiencies".

During H1, throughput of the group's container terminals increased 11.8 percent to 41,780,867 TEU of which 19.3 percent was handled by subsidiaries and 80.7 percent attributable to its joint ventures.

According to the China Container Industry Association, container terminal traffic in China increased 8.8 percent to 115,000,000 TEU year-on-year.

The acquisition of a 51 percent stake in Spain's Noatum Port Holdings, with interests in Bilbao, Valencia, Malaga (pictured) and Las Palmas plus two railway terminals in Madrid and Zaragoza, Is expected to complete in the second half 2017.

COSCO Ports said the purchase would extend its overseas network that already includes Port Khalifa in Abu Dhabi and the Piraeus Terminal in Greece supported by the container fleet of COSCO Shipping and the OCEAN Alliance.

Corporate News

digital-magtwitter-fw1utube-fw2loinked-fw3

- powered by Quickchilli.com -