Drewry’s Annual Review of Global Container Terminals Operators shows that PSA International, Hutchison Ports, APM Terminals and DP World remain the big four players in equity TEU and portfolio terms but with varying levels of activity– DP World and APM Terminals are highly active in terms of acquisitions, divestments and greenfield developments, Hutchison moderately active
Read moreJakarta: Maersk has just released a detailed seven-page report on trading in and out of Indonesia. In its Indonesia Trade Report for the first half of 2013, Maersk Line Indonesia cited low commodity prices, weakening of the rupiah, the delayed removal of fuel subsidies and the ensuing increase in the inflation rate as some
Read moreThe Nigerian Navy has killed another six pirates and injured one more in its campaign to end the expansion of pirate territory in the Gulf of Guinea. According to the Washington Post, the pirates engaged the navy in a gun battle late Sunday off the coast of Calabar in Nigerian and Cameroonian waters. Nigeria’s
Read moreMalaysia differed with fellow Southeast Asian claimants in the South China Sea on the threat posed by China, dismissing concerns about patrols off its coast. Malaysia is not worried about how often Chinese ships patrol the areas it claims in the waters, Defense Minister Hishammuddin Hussein said in an interview in Brunei on Wednesday.
Read moreA tall ship that broke its mast off the coast of Shark Bay last week was originally thought to be an asylum-seeker vessel. Indonesian tall ship Kri Dewaruci broke its mast at Steep Point, about 50km off the coast of Shark Bay last Wednesday, August 21. The 58m ship with its 155 crew was
Read moreIt’s been about two weeks the Indian ship MV Desh Shanti has been detained by Iran and both the sides have still not been able to resolve the matter. According to reports, MV Desh Shanti was carrying oil from Iraq to India when the ship was apprehended by Iranian Revolutionary Guard Corps (IRGC) in
Read moreLibya warned on Monday it will attack and destroy any tanker illegally exporting oil after forces last week fired at a Liberian-flagged tanker close to the country’s largest crude oil export terminal. The tanker, which sought to load crude oil that armed protesters blocking the country’s main export ports were attempting to sell illegally,
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