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Monday, 13 October 2014 17:38

CSG signs $13bn deal with ISBC

State-owned conglomerate China Shipping Group (CSG) has entered a $13 billion agreement with the Industrial and Commercial Bank of China (ISBC) to cooperate on a joint strategy to reduce financial risks and raise market competitiveness.

Published in Finance Deals

Private investment will support the development of five new ports in western India, according to Karnataka state minister of ports, Baburao Chinchansur. The projects are planned in Honnavar, Manki, Mavinakurve Basavaraj Durga Island, Belekeri and Thadadi in Uttara Kannada district and are hoped to atttract investment of over $1 billion.

Published in Emerging Economies
Thursday, 18 September 2014 15:48

Chinese duo invests $400m in Sri Lankan port

China Merchants and China Harbour Engineering are to jointly invest almost $400 million for a majority stake in a Sri Lankan port project, in Hambantota.

Published in Finance Deals

Dubai-based port operator DP World is offering its “expertise and experience” to the Maldives to help it develop “a strong economy based on modern infrastructure.”

Published in Emerging Economies

“Ocean Three is the final piece in the ‘mega-alliance’ jigsaw,” says Drewry Maritime Research, noting that the success of the new container shipping partnership will depend on achieving unit-cost savings and on how well CMA CGM, CSCL and UASC can work together.

Published in Features / Interviews

CMA CGM has formed Ocean Three with China Shipping Container Lines (CSCL) and United Arab Shipping Company (UASC).

Published in Finance Deals
Tuesday, 09 September 2014 10:30

CMA CGM forms Ocean Three with CSCL and UASC

CMA CGM announced today the formation of “Ocean Three” after signing agreements with China Shipping Container Lines (CSCL) and United Arab Shipping Company (UASC).

Published in Finance Deals

Rostec and Shenhua are to invest up to $10 billion in a coal mine project that will include the construction of a transshipment terminal in the Russian Far East, Port Vera.

Published in Energy Ports

Is the dreaded “C” word returning to haunt the container shipping industry? Not since the mid-2000s have there been so many incidents reported of congestion in the world’s ports and terminals as in the past month or so. Several facilities across northern Europe, in parts of Asia and North America and throughout Africa are struggling to handle the volumes of cargo being pushed through them.

Published in Features / Interviews
Friday, 29 August 2014 11:34

Africa rising - by Aidan Grange

Considerable hype surrounded the US-Africa Leaders’ Summit convened in Washington (DC) by President Barack Obama earlier this month and attended by close to 50 of Africa’s heads of state. A large number of US and African business leaders and bankers were also present at the three-day event.

Published in Features / Interviews


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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