TCU scraps extension

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Brazil’s financial watchdog, the Tribunal de Contas da União (TCU) is pushing to scrap the extension of Grupo Libra Terminais’ concessi...

…SIPG profit down 31%

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Shanghai International Port Group (SIPG), in which CMHI has a 26.5% stake, has reported a fall in interim profit of 30.73% to Yuan1.71B (US$...

Colombo deadline extended

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Sri Lanka Ports Authority (SLPA) has extended the deadline for submitting proposals to build the first container terminal at the Port of Col...

CMHI goes green in China

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China Merchants Holdings International (CMHI) plans to increase the use of electric-powered container handling equipment at its ports, yards...

Hempel’s China move

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Denmark-based protective coatings manfacturer Hempel A/S has reached an agreement to acquire Hempel-Hai Hong in China, one of the largest su...

CMHI in Vietnam joint venture

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In its first foray outside China, Hong Kong-listed port operator China Merchants Holdings International (CMHI) has formed a US$60M joint ven...

YICT feeling the pinch?

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Yantian International Container Terminals (YICT) had a new, and unwelcome, experience in the first six months of this year. For the first ti...

CMHI/MTL take control of SCT…

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China Merchants Holdings International (CMHI) and Modern Terminals (MTL) of Hong Kong are to take full control of Shenzhen’s Shekou Contai...

CM boosts Mawan stake

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Hong Kong-based port operator China Merchants Holdings International (CMHI) will pay its parent company HK$1.63B (US$209M) to acquire the 40...

Double deals in Tianjin

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Tianjin Port Group (TPG) has formed a jv with COSCO Pacific and APM Terminals to build a terminal and signed a letter of intent with DP Worl...

OOCL and Cosco in new Ningbo deal

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Orient Overseas Container Line (OOCL) of Hong Kong has taken a 20% stake in a Yuan780M (US$97.5M) joint venture that will manage and operate...

Qingdao looking for investment

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Qingdao port officials are holding talks with foreign port operators about investing up to Yuan26 bill (US$3.2 bill) in the port over the ne...