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Two of the world’s largest shipping and port conglomerates  – China Ocean Shipping Group  (Cosco) and China Shipping Group  - are reportedly set to merge, according to Chinese news agency the South China Morning Post.

Global capacity of refrigerated container (Reefer) vessels is expected to grow 20% over the next three years, topping 4,500 million cft by 2018, according to the latest research from maritime consultancy Drewry.

Brazilian industry association the Associação Brasileira de Terminais e Recintos Alfandegados (ABTRA) has become the latest member of the International Port Community Systems Association (IPCSA) and the first to join in Latin America.

This guest article from Jardine Lloyd Thompson (JLT) Group provides insight into some of the trends and complexities that shape the shipping insurance industry and the impacts for operators.

The International Port Community Systems Association (IPCSA) is delighted to announce that it has become a Supporting Partner of the prestigious online journal and conference organiser Port Finance International.

The government of the Philippines introduced new laws this week which will see an end to cabotage charges currently in place under the country’s 50 year old Cabotage Law.

Competition between Northern European ports has stepped up in the first half of the year but tight margins have failed to impede growth. The Port of Antwerp led rival Rotterdam for container handling growth in H1 2015, posting an increase of 9.5% year on year to 4.83 million TEU while Rotterdam grew just 3.7% y-o-y to 6 million TEU.

Iranian officials have offered India a larger role in the development of the Port of Chabahar in return for $8 billion in investment in infrastructure projects, according to the Iran’s ambassador to India, Gholamreza Ansari.

Growing co-operation between terminal operators is driving change for the West African port sector and spurring investment in new infrastructure, according to the International Transport Forum (ITF). 

Danish terminal operators APM Terminals’ investment of over $350 million in its Apapa Container Terminal in Lagos, Nigeria has created “one of the most modern and efficient terminals in Africa” according to comments from APM Terminals country manager David Skov.


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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