CIMC in the hunt

A sharp fall in orders for new containers has taken its toll on container manufacturers with H1 2023 revenues and profits at China International Marine Containers (CIMC), Dong Fang International Containers (DFIC) and Singamas well down on the corresponding period of 2022.

TOC Americas 2023 – Americas’ most trusted Business & Networking event for the Port & Container Supply Chain Community

The world’s leading port and cargo supply chain event series – TOC Worldwide – welcomes you to the second TOC Africa, taking place from 20-21 September 2023 in Tangiers, Morocco – home of both Africa and the Mediterranean’s largest container port.

QTerminals, which is jointly owned by Qatar Ports Management Company (51%) and Qatar Navigation (49%), has a definite overseas investment strategy.

PSA’s Singapore terminals saw a slight decline, but its global operations grew in 2020.

Operators of container terminals are facing increasing financial pressures and are faring less well than container carrying lines, according to London-based research and consultancy group Drewry.