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SEJONG, May 25 -- Cargo processed at South Korean seaports gained ground last month from a year earlier on brisk outbound shipments, government data showed Thursday.

Panama City, Panama, May 24, 2017 – Today, less than a month after the previous record was set, the Panama Canal welcomed the Neopanamax container vessel OOCL France, making it the largest capacity vessel to transit the Expanded Canal since it was inaugurated in June 2016.

The Brazilian port system is almost at a standstill this week as a strike by the tax auditors of the Receita Federal (or Customs Office department) bites hard having begun last Wednesday (May 17).

ADM do Brasil has completed its $85 million expansion plan at the port of Santos and so now holds one of the biggest grain terminals in South America, capable of handling around 8 million metric tonnes of grain per annum, up 33% from the previous capacity of 6 million mt per year.

Hyundai Merchant Marine Co. (HMM) said Thursday that it will purchase a port terminal in Spain for 117.6 billion won (US$104.1 million).

Dutch dredging giant Royal Boskalis Westminster and its Belgium based counterpart Jan De Nul have signed a joint venture contract valued at some €250m with the Jawaharlal Nehru Port Trust in India.

$442 million project to develop Port of Berbera underway

Wednesday, 10 May 2017

Japan pitches for Chabahar port

Japan is keen on collaborating with India on projects in Asia and Africa as a counter to China's Belt and Road initiative (B&RI), Tokyo's Ambassador to New Delhi said here, indicating Japan's nod for Australia's bid to join a quadrilateral for military exercises with India and the U.S..

The largest-capacity container ship ever to service the East Coast docked Monday at the Port of Virginia's International Gateway terminal.

DP World and National Investment and Infrastructure Fund (NIIF) to back future infrastructure projects

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Port Finance International provides online news and conferences worldwide. It is a platform and a community for senior industry experts and players to review and discuss the market. Our online news team provides daily coverage of international port finance, investment and operations news. A weekly e-newsletter- sent to readers free of charge - covers the key news and views of the week.

Port Finance International's conferences and training programmes are held across the globe. These events feature key industry figures and they address market challenges and trends as well as providing industry players with essential networking opportunities.

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